Two Australia-headquartered insurance brokers have been listed on the "Best Rankings - Top 20 Global Brokers - 2024 Edition", where rankings are based on 2023 total revenue. This is the first time that the two brokers appear on the list.
The rapid development of new energy vehicle (NEV) insurance in China brings in new requirements for the country's motor insurance brokers. The traditional motor insurance brokerage model, which relies solely on providing basic intermediary services, has become insufficient to meet market demands. Facing this challenge, motor insurance brokers need to undergo self-innovation and actively involve in digital transformation.
Texel has appointed Ms Angela Chang as managing director of Texel Asia; Mr Jonathan Crossfield as CFO, a newly created role and Mr William Shaw as deputy CEO.
Lockton, the world's largest privately-owned insurance brokerage, has expanded its Australian footprint and opened an Adelaide office.
Chedid Re Global Operations, the reinsurance broker network of investment group Chedid Capital, has appointed Mr Vincent Vandendael as independent non-executive director.
An indigenous entrepreneur has launched Australia's first insurance brokerage specifically for First Nations organisations and communities. First Nations refers to indigenous Australians and includes both Aboriginal and Torres Strait Islander peoples.
An indigenous entrepreneur has launched Australia's first insurance brokerage specifically for First Nations organisations and communities.
Mauritius-headquartered specialist reinsurance broker CG Re (Africa) has confirmed that it has established an office in London, its first outside Africa.
Howden, a global insurance intermediary group, has entered the Japanese market, launching Howden Re Japan and an insurance-linked securities (ILS) partnership with Keystone ILS Capital.
WTW has appointed Mr James Baum as head of Australia and New Zealand, and head of corporate risk and broking (CRB) Australia and New Zealand, effective 15 July 2024.