Stewart Brown’s Post

𝐀𝐩𝐨𝐥𝐥𝐨 𝐒𝐲𝐧𝐝𝐢𝐜𝐚𝐭𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐩𝐢𝐨𝐧𝐞𝐞𝐫𝐬 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐦𝐨𝐝𝐞𝐫𝐧 𝐜𝐚𝐩𝐭𝐢𝐯𝐞 𝐬𝐲𝐧𝐝𝐢𝐜𝐚𝐭𝐞 𝐚𝐭 𝐋𝐥𝐨𝐲𝐝’𝐬 Apollo Syndicate Management has made history by launching the first captive syndicate of the modern era at Lloyd’s, marking a significant shift in how large clients can manage their risk. This innovative approach allows clients to retain risk through their own Lloyd’s rated syndicate, enhancing flexibility and leveraging the operational advantages of Lloyd’s global insurance expertise. David Ibeson, CEO of Apollo Group, emphasized the milestone’s importance in reinforcing Apollo’s reputation for market-leading innovation at Lloyd’s. The initiative, known as Captive Syndicate 1100, reflects a strategic partnership aimed at delivering tailored managing agency services and fostering long-term growth for entrepreneurial businesses seeking access to Lloyd’s extensive capabilities. Lloyd’s Commercial Director, Dawn Miller, expressed enthusiasm for the revised captive syndicate model, highlighting its alignment with evolving customer needs and the promise of future collaborations within Lloyd’s captive platform. #crire #reinsurance #insurance #newsupdates

The Bermuda Captive Conference returns for a 20th year to examine trends in the global captive market, bringing together industry professionals for thought leadership, education, and connectivity.  Davies’ own Frank Huang will be there, ready to share his expert thoughts on how to stay ahead in the ever-evolving captive insurance market. If you’d like to schedule a time to chat with him one-on-one, message him on LinkedIn! #Bermuda #CaptiveConference #captiveinsurance #riskmanagement #Davies 

Some great takeaways from last week's Intelligent Insurer's Re/Insurance Outlook Europe conference in Zurich! #reinsurance #collaboration #competition #insurance #conference #innovation

Two Australian brokerages, Steadfast Group Limited and AUB Group Limited, have entered AM Best’s Top 20 Global Insurance Brokers list for the first time, ranking 17th and 18th, respectively. Marsh maintained top spot for the 14th consecutive year, strengthening its position with a US$2bn revenue increase in 2023 to US$22.7bn. Aon was second, with US$13.4bn in reported revenue. However, Gallagher—who has been on an acquisition spree—continued its strong and steady revenue growth since 2020, managing to secure third place in 2023 as a result. The business overtook WTW, who dropped to fourth despite a 5% increase in reported revenue compared to 2022. The UK's BMS Group also made their debut in the rankings this year, coming in at 20th. Elsewhere in Asia, China's Fanhua Inc. maintained its 19th position with revenue of US$450.4m, up 10% from 2022 but down compared to 2019. #insurance #asiapacific

Have you heard about this presentation & panel discussion: Vive la revolution! The captive revolution in Europe – next steps? Join us in London at our conference specifically designed for those at the forefront of strategic decision-making. BOOK... https://ow.ly/88NZ50TgxqG What's it all about? Captives are moving onshore in France and Italy along with Sweden and Switzerland and risk managers across Europe are hoping for the same in their home states such as Spain and Germany. The big questions are: 👉Why have ‘onshore’ captives become so popular in Europe? What are the core benefits? 👉What happened in France and Italy to make it more attractive to create captives at home? 👉How were rules changed to make it more attractive and how were authorities persuaded this was a good idea? 👉What needs to happen to persuade the German and Spanish authorities to buy-in to the idea? 👉What is happening at the EU-level and EIOPA? 👉What is the best way of using captive to support the global programme and maximise coverage and cost benefits? 👉How can the captive be used to tackle difficult emerging risks? 👉How to use the captive to tap the capital markets/reinsurance/retro market and where is this headed? Speakers ⭐️Philippe Cotelle, Airbus Defence and Space ⭐️Esme Gould, Zurich Commercial Insurance UK, Zurich Insurance Group ⭐️David Vigier, HDI Global SE ⭐️Brigitte Bouquot, French Federation of Corporate Captives (FFCC) ️⭐️Stephen Morton, AIG Date...Wednesday, 18 September 2024 Time...09:45 - 10:30 #ComRiskEvents24 Airbus Defence and Space Zurich Commercial Insurance HDI Global SE AIG

DLA Piper's Gerry Williams and Forrest R. Neal are facilitating a roundtable discussion with ACC Georgia - Association of Corporate Counsel and Southwire Company on representation and warranty insurance (RWI). They will be joined by Southwire's Tunisia Poole and Graphic Packaging International's James Gooch, Jr. Topics will include an overview of #RWI #insurance, what it generally covers (and does not cover) and typical fees/costs, how RWI is used in #MA transactions (including compared to a traditional deal), and more. Learn more about the event and register here: http://spr.ly/6049YgYmb

DLA Piper's Gerry Williams and Forrest R. Neal are facilitating a roundtable discussion with ACC Georgia - Association of Corporate Counsel and Southwire Company on representation and warranty insurance (RWI). They will be joined by Southwire's Tunisia Poole and Graphic Packaging International's James Gooch, Jr. Topics will include an overview of #RWI #insurance, what it generally covers (and does not cover) and typical fees/costs, how RWI is used in #MA transactions (including compared to a traditional deal), and more. Learn more about the event and register here: http://spr.ly/6049YgYmb

Another landmark transaction for Continuum in the insurance sector advising our trusted client Staysure on its strategic investment from ICG. Founded by entrepreneur Ryan Howsam, the Group has experienced substantial growth and operates a portfolio of insurance brands and products. The Continuum team, led by Garth Hackshall and James Sutton, is proud to have played a key role in delivering an outstanding outcome for Ryan and the Staysure team. Read more about the deal in the link in the comments below. #insurance #privateequity #corporatefinance #advisory

“What’s the key message from EAIC this year?” Eric Hui, CEO of Zurich Insurance (Hong Kong), shares his insights from the conference on how the industry is evolving and adapting to today’s challenges. Watch now to hear Eric’s take on the trends shaping the future of insurance across Asia! For more insights from EAIC, tap into our EAIC Today Hub here: https://ow.ly/ZMLn50TKWNp #EAIC2024

With this year’s theme, "The Power of Partnership," Josh LaRiccia is looking forward to connecting with fellow insurance professionals, sharing insights, and exploring new opportunities for collaboration. If you’re attending, be sure to connect with Josh to discuss how we can work together to drive success for our clients and partners. Let’s make the most of LAAIA 2024! #LAAIA2024 #InsurancePartnerships #First #Networking #ThePowerOfPartnership #SmallCommercialInsurance #RiskManagement