Tysers Insurance Brokers has entered into a strategic partnership with Istanbul-based Rönesans Reinsurance & Insurance Brokerage, wherein Tysers will take an equity stake in Rönesans.
The partnership will focus on providing cover and placing risks into both local and international markets. By leveraging Rönesans’ in-market expertise, Tysers gains a foothold in Türkiye’s growing insurance and reinsurance sector, while Rönesans benefits from access to a broader suite of products and connections with leading insurers and reinsurers.
Rönesans offers specialist reinsurance and insurance solutions across a range of sectors. The partnership will combine Tysers' global network and access to Lloyd's markets with Rönesans’ strong local presence.
“This partnership is deeply complimentary and brings together in-depth local market and industry knowledge and global resources to provide innovative risk solutions for clients,” said Tysers CEO Tom Wilson (pictured above). “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.”
Broader trend of seeking partnerships
The deal reflects a broader trend of global brokers seeking partnerships or equity stakes in regional players to gain access to high-growth markets. Türkiye, with its strategic position between Europe and Asia and an insurance sector that has been steadily expanding, offers opportunities in both traditional and specialty lines.
Other Lloyd’s brokers have taken similar steps in recent years, aligning with local partners to strengthen their presence in key geographies.
For example, Howden has expanded aggressively through acquisitions and joint ventures across the Middle East and Latin America, while Miller has bolstered its footprint in Asia through regional partnerships. Such moves allowed brokers to balance their global capabilities with local expertise, particularly in markets where navigating regulation and distribution requires on-the-ground knowledge.
For Tysers, the partnership with Rönesans signals a clear intent to deepen its international footprint while capturing new business opportunities in emerging European markets.
