Tysers Insurance Brokers has agreed to make an equity investment in Türkiye-based Rönesans Reinsurance & Insurance Brokerage.  

The aim is to enhance the collaboration between the two entities and align their goals for future growth. 

Financial specifics of the transaction were not disclosed.  

Istanbul-headquartered Rönesans delivers insurance and reinsurance solutions, drawing on local expertise and international market relationships.  

The alliance is designed to combine Tysers’ global network with Rönesans’ regional capabilities, thereby improving service offerings for clients in various sectors. 

Together, Tysers and Rönesans look to provide innovative insurance solutions for clients in Türkiye and central Europe, accessing local and global markets including the Lloyd’s market. 

Rönesans’ knowledge of the local landscape is said to be instrumental in representing Tysers in Türkiye.  

In turn, Tysers will offer Rönesans access to a range of insurance products, services and connections with industry players. 

Tysers CEO Tom Wilson said: “This partnership is deeply complementary and brings together in-depth local market and industry knowledge and global resources to provide innovative risk solutions for clients. Tysers and Rönesans share a client-first approach to business, which will be at the heart of our plans as we expand our products and services in Türkiye and across central Europe, where we see the potential for strong growth.” 

Tracing its roots back to 1820 in the City of London, Tysers has evolved from its early days in marine trade and assisting governments with state insurance programmes to becoming a private partnership and eventually incorporating in 2001.