Tysers Takes Equity Stake in Turkish Broker Rönesans
Tysers Takes Equity Stake in Turkish Broker Rönesans

Tysers Takes Equity Stake in Turkish Broker Rönesans

News summary

Tysers Insurance Brokers has taken an equity stake in Istanbul-based Rönesans Reinsurance & Insurance Brokerage, forming a strategic partnership aimed at expanding their presence in Türkiye and Central Europe. This alliance leverages Rönesans’ deep local market expertise and Tysers’ global network, including access to Lloyd's markets, to provide innovative insurance and reinsurance solutions across various sectors. Rönesans will act as Tysers' official representative in Türkiye, enhancing client service and access to both local and international markets. Tysers CEO Tom Wilson emphasized the complementary nature of the partnership, highlighting their shared client-first approach and growth ambitions in the region. The deal reflects a broader industry trend of global brokers acquiring stakes or partnering with regional firms to tap into high-growth markets like Türkiye, strategically positioned between Europe and Asia. Similar moves by other Lloyd’s brokers, such as Howden and Miller, underline the importance of combining global capabilities with strong local presence.

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