Amwins Purchases Wholesale Business from BRP Group, Inc.

Generali completes acquisition of Conning

Amwins, a global distributor of specialty insurance products and services, announced it signed a definitive agreement to acquire Connected Risk Solutions, LLC, the wholesale E&S insurance brokerage operated by publicly traded insurance distribution firm BRP Group, Inc.

Revenues Earned Globally by MGAs, MGUs, and Coverholders Grew by Around 19%

Social inflation and insurance rates

According to an updated ranking and analysis completed by Insuramore, the value of revenues earned worldwide by MGA, MGU and coverholder groups was about $17.3 billion in 2022, signifying annual growth in this sector of around 19% before adjusting for inflation.