Business

BGC Partners launches Corant Global

It will become the investment vehicle for all future opportunities marked by the group

Corant Global, the holding company for the entire insurance interests of the global brokerage and financial technology company, BGC Partners, has launched as of 19 January.

The firm, formerly known as BGC Insurance, comprises the broking operations of Ed, Besso, Piiq Risk Partners, and Junge.

Moreover, the group’s MGAs, including Cooper Gay, Globe Underwriting, and Epsilon, will all also now operate under Corant’s juristiction. 

Steve Hearn, CEO at the newly formed company, said: “Through considerable investment, we have established a strong reputation as an expert insurance sector player with industry-changing ambitions.

“We have a multi-channel platform that is packed with market leaders across the group, and we have built a reputation for empowering those talented colleagues to deliver exceptional results for our customers.”

The business will also act as the investment vehicle for the group’s future plans to “further capitalise” on any opportunities that may arise.

Roughly 900 staff members work at Corant’s insurance brands, providing a combined total revenue of over £127m.

Hearn added: “The time is now right for our achievements to be collectively recognised through the launch of a clear and distinctive holding company brand and identity. 

“Corant will be the best home for the best people, and it will drive continued investment across our portfolio of broking, technology, underwriting and advisory businesses.”

Show More
Back to top button