Insurance Insider US

The Insurance Insider US news team runs you through this week’s key agency M&A.

The broker will report to Howden US CEO Mike Parrish.

We’re excited to be attending the Annual Target Markets Conference, a key event for the US program business community, and we’d love to connect with you! Here’s who from our US editorial team will be on the ground: - Farhin Lilywala - Jairo Ibarra Martinez - Meg Green -Sanvi Bangalore Whether you're a carrier, MGA, broker, or investor, we want to hear from you. Reach out and book a meeting, and let’s talk about what’s driving your business, what challenges you’re facing, and what stories need to be told. #25TMPAASummit #TeamInsider

Private capital–backed buyers accounted for 73% of the 513 transactions this year.

We are delighted to welcome David Broughton, Head of Insurable Risk at Centrica, to the London Market Conference 2025. David will share his perspective on managing complex risk portfolios within a global energy business and the evolving role of insurance in supporting resilience and sustainability. Get your pass today 👉 https://lnkd.in/eetHZuWr #InsuranceInsider #InsiderLMC #Reinsurance #London #Conference

Joseph Lacher will step down as president and CEO and resign from the board.

Don’t miss out on exclusive Insurance Insider US coverage of #25TMPAASummit, your go-to source for real-time insights, expert analysis, and behind-the-scenes updates from one of the industry’s most influential events. The conference starts next week, and this is your final opportunity to get plugged into our coverage. Sign up now at https://lnkd.in/ebNBBVdW and be part of the conversation shaping the future of specialty insurance. #TeamInsider

Our latest analysis shows that while fronting companies have rapidly grown—from $2.8B in premiums (2021) to nearly $8B (2024)—loss ratios consistently underperform the broader P&C industry across key commercial lines. Key takeaways: - Loss reserves heavily concentrated in recent years (2021–2024), with signs of adverse development already showing - Other Liability, Commercial Auto, and Workers' Comp segments show similar patterns: low initial loss picks, followed by sharp deterioration - If trends continue, this could challenge the sustainability of the fronting model—especially if reinsurers lose confidence - In a worst-case scenario, coverage disputes could emerge, echoing past fronting failures like the Reliance/Unicover scandal Writing premium is easy—writing profitable premium is not. Follow link in comments for our reasearch team's FULL article. #InsiderResearch

Guy Carpenter will rebrand as Marsh Re, as a new central tech/operations unit is created.