Negative margin code
INDUSTRY EVENTS
Target Markets Summit 2024
Get exclusive news and insights from the ground at the Target Markets in Scottsdale, AZ on October 21-23
Latest News
Latest News
Independent MGA heavyweights could sell to strategics earlier than you think
Backers and CEOs may be wary of falling into the same trap as larger PE-backed retail brokers.
Summit-backed platform Beyond Risk seeking new investor
Sources said that Piper Sandler is running the sale process for the ~$50mn Ebitda business.
Bishop Street in advanced talks to buy Ascot’s Ethos TL business
Sources said that a deal between the two sides could be reached in the next couple of weeks.
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The wholesaler is shifting its business mix towards delegated underwriting, which should help sustain growth.
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Lea is responsible for Embroker’s underwriting practices, including paper and reinsurance relationships.
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In tandem, Mike Falvey will transition to executive chairman, effective January 1.