WTW Q3 2026 revenue rises 8% to $2.46 bn, adjusted EPS up 18%
WTW reported Q3 2026 revenue of $2.46 bn, 4% organic growth and an 18% increase in adjusted EPS, supported by insurance broking and margin expansion
Insurance Brokerage News
Stay informed with Insurance Brokerage News Today from Beinsure, covering insurance and reinsurance brokers news on market trends, regulation, distribution, M&A, and technology.
The 20 global re/insurance brokers generate $122 bn in revenue as market growth slows in 2026
The world’s 20 largest insurance and reinsurance broking groups generated approximately $122 bn in combined revenue in 2025
Aon CEO Greg Case warns AI data center risks could threaten project financing
Aon CEO Greg Case warns that AI data center concentration risks could restrict insurance capacity and financing as demand for cyber coverage and capital grows
Aon and SAGE launch AI-powered crop insurance with field-level risk pricing
Aon and SAGE are introducing AI-powered crop insurance for 2027, using field-level risk assessments to offer more precise premiums for corn and soybean farmers
Texas insurance broker sentenced to 160 months for fraud and identity theft
Texas insurance broker Clayton Iley received a 160-month prison sentence for wire fraud and identity theft, with luxury cars seized to help repay victims
Slingshot Insurance raises $27 mn to expand AI-native embedded insurance
Slingshot Insurance has secured $27 mn in seed funding to build AI-native infrastructure for embedded insurance, targeting MGAs, software platforms and distributors
Main Street America Insurance refreshes brand and expands commercial focus
Main Street America Insurance has introduced a new brand identity focused on commercial insurance, alongside office consolidation plans and a proposed property sale in Keene
Comeryx launches AI-powered insurance platform for artisan contractors
Comeryx launches an AI-native MGA platform offering automated general liability and pollution insurance for artisan contractors, backed by an A+ rated carrier
DOXA launches DOXA Re for specialty property quota share reinsurance
DOXA has established DOXA Re, a property reinsurance MGU led by James Femia, offering quota share and proportional solutions to insurers, hybrid carriers and MGAs
US health insurance brokers sue HHS over ACA marketplace registration freeze
The NABIP has sued HHS over an ACA broker registration freeze that could prevent nearly 19,000 agents from participating in 2027 marketplace enrollment
Insurtech Delegance Brokerage raises $3.1 mn to challenge insurance commissions
Delegance Brokerage raised $3.1 mn in pre-seed funding to expand its AI-powered commercial insurance platform, offering a 5% fee instead of traditional commissions
86% of insurance BPO buyers seek AI-driven contract changes
An ISG study finds 86% of insurance outsourcing buyers want revised contracts as AI changes operating costs, service expectations and risk controls
Porch Group to acquire Allied Trust for $200 mn, expand insurance business
Porch Group agrees to acquire Allied Trust for $200 mn, adding $200 mn in reciprocal written premiums and expanding its insurance operations into Louisiana
Aon appoints Leonora Siccardi as Global CEO of Risk Capital and Human Capital
Aon has named Leonora Siccardi Global Chief Execution Officer for Risk Capital and Human Capital, expanding her responsibilities across strategy, investment and execution
Baldwin Group’s $7.7 bn buyout faces shareholder investigations
Baldwin Group’s $7.7 bn acquisition by a Michael Dell-backed consortium faces shareholder investigations over its $32.50 share price and board obligations
reThought Flood expands private flood insurance distribution through Vertafore
reThought Flood selects Vertafore PL Rating to expand private flood insurance distribution, reaching over 10,000 agents and 320 insurance carriers and MGAs
Go.Compare launches short-term learner driver insurance comparison
Go. Compare launches a short-term learner driver insurance comparison service with Comparison Creator and a dedicated panel of specialist insurers
Jio Financial and Allianz invest $66.6 mn in Jio Allianz General Insurance
Jio Financial Services and Allianz Europe invest $66.6 mn in Jio Allianz General Insurance to support the 50:50 joint venture’s operations
Genworth Financial responds to AXA loss in UK PPI appeal against Santander
Genworth comments on the UK Court of Appeal ruling against AXA in its Santander PPI case and says potential recoveries weren’t included in capital plans
The Baldwin Group to go private in $7.7 bn Sequence, Dell deal
The Baldwin Group agrees to a $7.7 bn take-private deal with Sequence Holdings and Dell Family Office, with shareholders receiving $32.50 per share
Marsh completes acquisition of Accel Holdings in Iowa
Marsh completes its acquisition of Iowa-based Accel Holdings, adding insurance, agribusiness, retirement and wealth advisory capabilities to Marsh Agency
Novatae Risk Group acquires trucking MGA Specialized Program Solution
Novatae Risk Group acquired Specialized Program Solutions, a New Jersey MGA focused on underwriting and program administration for long-haul trucking risks
ANV Group completes acquisition of Assured Underwriting Group
ANV Group Holdings completes its acquisition of Assured Underwriting Group, a specialist MGA serving tour operators across the UK and Europe
Gallagher acquires Albany Insurance in New Zealand
Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting firm, acquires New Zealand-based Albany Insurance Services
AXA XL launches dedicated E&S insurance company for wholesale brokers
AXA XL, the P&C and specialty risk division of AXA, launches AXA XL E&S, a dedicated carrier for wholesale brokers, with underwriting starting in 2027
Aon launches property and casualty risk diagnostic tools
Aon launches Property Risk Diagnostic and Casualty Risk Diagnostic tools to help companies assess exposure, loss drivers and insurance strategy
Aon launches Professional Liability Risk Analyzer for law firms
Aon plc, a global professional services firm, launches its Professional Liability Risk Analyzer to quantify law firm exposure and test insurance structures
Insurtech Artificial Labs unveils new brand identity after international expansion
Artificial, a digital broking and underwriting technology provider, launches a new brand identity after funding, U.S. and German expansion
Delaware insurance agent jailed after stealing $625K from clients
NAIC defended US state insurance regulation after Elizabeth Warren raised concerns over private credit, affiliated investments and insurer solvency
AI platform Equal Parts acquires Florida transportation broker Independence
Equal Parts acquired Florida-based Independence Insurance Agency, its second transportation insurance acquisition announced in consecutive weeks
Relation Insurance acquires Pennsylvania-based LaPlaca Insurance
Relation Insurance acquired LaPlaca Insurance, adding a Pennsylvania agency serving commercial, employee benefits and personal lines clients
IRDAI proposes insurance distribution overhaul and lower expense caps
IRDAI proposes new insurance distribution rules covering commissions, lower EoM limits, mis-selling controls and a simpler three-tier structure
Insurtech Vertafore launches Digital Underwriter AI agents for MGAs
Vertafore introduced two Velocity AI agents for MGA underwriting, targeting renewal reviews, program configuration and faster policy processing
Aon names Phillip Esser CEO of Reinsurance Solutions Germany
Aon appointed Phillip Esser CEO of Reinsurance Solutions in Germany and Volker Wahl executive chairman under a new leadership structure from Oct. 1
Aon names Jane Drummond global chief commercial officer
Aon appointed Jane Drummond global chief commercial officer from Jan. 1, 2027, succeeding Anne Corona and joining the firm’s executive committee
Corridor launches AI employee benefits brokerage with $25 mn funding
Corridor launches with $25 mn to build an AI-native health benefits brokerage for US small businesses, pairing licensed advisors with automated workflows
Insurtech Vertafore launches four AI agents for insurance agencies
Vertafore introduces four Velocity AI agents for policy servicing, document research and agency operations, with availability beginning in 2026
Specialty MGA Nirvana appoints Kevin Kettrick as Cyber Lead London
Nirvana names Kevin Kettrick as Cyber Lead London to expand its standalone cyber offering, starting with excess cover before adding a primary product
McLarens names Ollie Waterman Middle East regional director
McLarens appoints Ollie Waterman as Middle East regional director from October 2026, succeeding Malcolm Addy as the loss adjuster expands across the GCC
Lockton raises nearly $900K for Move United Warfighters
Lockton’s 11th annual Warfighters Charity Challenge raised nearly $900,000 to fund adaptive sports programs for wounded U.S. veterans
Emily Schaffer joins Huntington T. Block as senior vice president
Huntington T. Block appoints Emily Schaffer senior vice president of fine art insurance, adding more than 15 years of specialty brokerage experience
US commercial insurance prices rise 0.5% in Q2 2026, WTW says
US commercial insurance prices increased 0.5% in Q2 2026, slowing from 2.5% in Q1 as property rates declined and large accounts moved negative
Aon launches Underwriting Analytics for insurers and reinsurers
Aon launched Underwriting Analytics within its Risk Analytics Platform to help insurers assess new risks against existing portfolio accumulations
Insurtech Intellect AI outlines automation tools for wholesale insurance brokers
Intellect AI outlined how its distribution, submission and document-review tools are being used to reduce manual work across wholesale insurance placement
Square Insurance Brokers appoints Kapil Baraya to lead corporate lines
Square Insurance Brokers appointed Kapil Baraya as Head of Corporate & Commercial Lines, with responsibility for corporate insurance and life operations
Aon to acquire USI Insurance Services from KKR for $17 bn
Aon agreed to acquire USI Insurance Services from KKR and co-investors for $17 bn in cash, with closing expected in the fourth quarter of 2026
Marsh has renamed Guy Carpenter as Marsh Re
Marsh has renamed Guy Carpenter as Marsh Re, combining reinsurance and capital solutions under the broader Marsh brand after more than 100 years
World Insurance Associates acquires Pellechio Family Agency
World Insurance Associates acquired New Jersey-based Pellechio Family Agency, expanding its commercial and personal insurance business
EQT to acquire majority stake in McGill and Partners for $2 bn
EQT X agreed to acquire a majority stake in McGill and Partners for $2 bn, with Warburg Pincus exiting and Steve McGill remaining CEO
Alliant to acquire Nava Benefits and expand AI employee benefits
Alliant agreed to acquire Nava Benefits, combining its employee benefits brokerage with Nava’s AI-native HQ platform and service technology
Lockton launches US Aviation Practice led by Taylor Anderson
Lockton launches a dedicated US Aviation Practice and appoints Taylor Anderson to lead insurance, risk advisory and aviation client services nationwide
WTW sues Lockton over alleged raid on construction insurance team
WTW accused Lockton and 18 former employees of taking 13 construction insurance clients worth more than $5 mn in annual revenue
Inszone acquires Two Fong’s Bay Area insurance agency
Inszone buys Two Fong’s Inc., adding Bay Area commercial property and lessor’s risk expertise to its California brokerage network
Gallagher buys Apollo to expand digital insurance in Canada
Gallagher acquires Apollo, a Vancouver digital broker and MGA focused on tenant insurance, as Canadian insurance placement shifts further online
Insurtech Coverwatch raised $4.5 mn in pre-seed to build AI insurance broker
Insurtech Coverwatch raised $4.5 mn in pre-seed funding to expand its AI-native commercial insurance platform for risk review, carrier bids and flat-fee brokerage
New Jersey insurance brokers face Consumer Fraud Act liability after Lowe ruling
New Jersey Supreme Court rules insurance brokers, producers and agents face CFA claims tied to insurance sales, marketing and coverage advice
Aon adds $5 bn capacity to data center insurance program
Aon expands its data center insurance program with $5 bn in capacity as AI, cloud and hyperscale projects raise demand for risk cover
American Growth Insurance raises $70 mn to buy U.S. brokerages and rebuild operations with AI agents
American Growth Insurance plans to acquire U.S. brokerages and rebuild operations with AI agents, automation and a human service model
Gallagher buys broker Med James and Wilson M. Beck Insurance Services
Gallagher’s RPS acquires Overland Park-based Med James, adding MGA and wholesale brokerage capacity for retail agents in the North Central region
Howard Hughes buys Vantage in $2.1 bn insurance deal
Howard Hughes closes its $2.1 bn acquisition of Vantage, using the specialty re/insurer to shift toward a Berkshire-style holding company model
Beinsure examines the latest global insurance brokerage market data for 2025-2026, financial results of the largest brokers, market concentration, M&A trends
UK M&A deal value reached £134.7 bn in H1 2026, up 125%, while volumes fell 12.6%. PwC reports growing investment concentration in financial services, AI and healthcare
Aerospace and defense M&A reached 532 deals in 2025, as business aviation attracts private equity, family offices, and growth investors
Global insurance M&A stabilised, as insurers and brokers took a more strategic approach to acquisitions amid falling interest rates and a realignment of strategic priorities