Transactional liability | Insurance Insider US

The decision follows a string of recent moves – including M&A and new entrants – that have changed the TL vertical.

This publication exclusively revealed the $1bn deal last November.

The US CEO said the acquisition will be “truly transformative” for its TL clients.

Atlantic’s founders are to become Howden shareholders.

Sources said the deal will value the US M&A insurance broker at over $500mn.

Insurance Insider US reviews Euclid’s process and recent events in US MGA and retail broking.

The broker said R&W rates rose to 2.8% in Q2 vs 2.5% in Q1.

Longbrook Insurance will write multiple lines of business.

It is understood that the MGA wants to start with renewable energy and transactional liability.

Bonnet has spent more than four years at WTW in increasingly senior roles.

The company is looking to grow through its new MGA incubator program.

Other MGAs in the transactional-liability class are also expanding into the US.