Macquarie launches Longbrook Insurance with new business lines

Shaun Reynolds joins Longbrook Insurance as head of transaction liability after Macquarie Insurance Facility launched the multi-line underwriter, positioning Longbrook Insurance to provide warranty and indemnity and energy coverage amid rising cross-border deal complexity. https://hubs.la/Q03SMGCz0

The ability to navigate difficult conversations with empathy and intention is a hallmark of effective leadership. When approached thoughtfully, these moments not only strengthen team communication, or in this case a deeper understanding of the customer, but also shape a culture rooted in trust, accountability, and mutual respect — the foundation of successful organizations.

Allianz UK has signed a five-year partnership with Ticker, a managing general agent specialising in connected motor insurance, the companies announced today. https://hubs.la/Q03R8clP0

Shaun Reynolds joins Longbrook Insurance as head of transaction liability as Macquarie Insurance Facility unveils the multi-line underwriter, set to begin operations in early 2026 with a focus on warranty and indemnity and energy transition risks. https://hubs.la/Q03SQ8-00

Beat Capital Partners unveils 1889 Specialty Insurance, a new MGA offering management liability and professional lines for U.S. financial institutions https://lnkd.in/dzUjZzdR

Relm Insurance, an insurer focused on emerging and innovative industries, has launched a UK MGA through its partnership with Bridgehaven Insurance. https://lnkd.in/eEDkRRNt

Insurance Business America names the top US professional liability insurers in its 2025 5-Star rankings amid a competitive, soft market. Insurance Business America reports that brokers rated AXIS (AXIS Capital) and Westchester, A Chubb Company, among the 2025 honorees for claims handling, underwriting, broker relationships and product quality, highlighting how carriers are differentiating in a crowded market. Read the full 2025 report to access the complete 5-Star list and broker-led analysis. https://hubs.la/Q03SmNZ50

An insurance broker is a licensed professional who acts as an intermediary between individuals or businesses seeking insurance coverage and insurance companies. Insurance brokers work on behalf of their clients, not the insurance companies, to help them find the most appropriate and cost-effective insurance policies to meet their needs. They gather information from their clients about their insurance requirements, assess their risk exposure, and shop around for suitable policies from multiple insurance providers.  Once they have identified potential policies, they present them to their clients for consideration and help them evaluate the pros and cons of each option. Insurance brokers also provide guidance on policy terms and conditions, help clients understand their coverage, and assist with the claims process when needed. In short, an insurance broker acts as an expert advisor to help clients make informed decisions about insurance coverage and find the best policies to meet their specific needs. https://lnkd.in/eD4y4btu

Beat Capital Partners unveils 1889 Specialty Insurance, a new MGA offering management liability and professional lines for U.S. financial institutions https://lnkd.in/dEJ8fYjz

The Average Clause explained by RebuildCostASSESSMENT.com What Is the average clause? The average clause is a standard condition in many property insurance policies. It comes into play when a policyholder underinsures their property—that is, when the sum insured is less than the actual rebuild cost of the property. If a claim is made under these circumstances, the insurer can reduce the payout proportionally, reflecting the degree of underinsurance. For example: Rebuild Cost: £200,000 Sum Insured: £100,000 (i.e., 50% of the actual rebuild cost) Damage Sustained: £50,000 In this scenario, because the property is insured for only 50% of its rebuild cost, the insurer may apply the average clause and pay out only 50% of the claim, resulting in a £25,000 payout. The policyholder would need to cover the remaining £25,000 themselves. Why does this matter? Underinsurance can lead to significant financial shortfalls when claims arise. Many property owners mistakenly insure their property based on its market value rather than its rebuild cost, leading to potential underinsurance. The average clause ensures that policyholders bear a fair proportion of the risk when they choose to underinsure. https://lnkd.in/eyu9fKBT