Global insurance broking group Howden has launched a new cargo war risk facility to protect vessels from drone and missile strikes by Yemeni-based militia groups in the Red Sea.
In today's dynamic landscape, insurance brokers play a pivotal role in navigating the complex terrain of risk management. With an ever-expanding array of insurance products and services, brokers act as trusted advisors, guiding individuals and businesses towards tailored coverage solutions.
Aon has appointed Mr Alberto Ferriolo as cargo broker. In his new role, he will support Miller's clients and partners across APAC while working closely with Jamie Kearney, Miller's global head of cargo, and the team in London to offer regional clients service.
Two mainland Chinese-controlled technology-driven insurance intermediaries made the headlines in the past few weeks with the successful launch of their initial public offerings (IPOs) on Nasdaq.
Howden Tiger, the global reinsurance arm of Howden, will rename itself as Howden Re in April 2024.
Aon, a leading global professional services firm, has completed a transaction to acquire Global Insurance Brokers (GIB). The transaction significantly expands Aon's existing capabilities in India to help clients navigate volatility and make better decisions.
London-headquartered independent specialist (re)insurance broker, Miller, has announced that GIC, a global institutional investor, has completed its acquisition of Cinven's shares in Miller.
Almost a quarter of insurance brokers polled in a survey say they wish they could be more productive in their role and 25% say profitability is one of their biggest challenges for the year ahead.
Nasdaq-listed Cheche Group, China's leading motor insurance technology platform, has entered into a partnership with Beijing Houji Insurance Brokerage Co, an affiliate of Xiaomi Corporation (Xiaomi Group), as Cheche continues to broaden its partner network with leaders in the new-energy vehicle (NEV) industry.
Guy Carpenter has appointed Mr Ben Savill as CEO of Pacific, Mr Jeff Saper as head of GC facultative insurance, APAC and Mr Luc Moremont as regional sales leader, APAC. Mr Saper and Mr Moremont's roles will be effective from 1 July 2024.