Agents & Brokers News

U.K.’s EC3\Legal Appoints Schrauwers as Chairman

London-based EC3\Legal* has announced that highly respected insurance industry figure, Cees Schrauwers, has joined the company as chairman. Schrauwers, who has more than 35 years’ financial services experience, is a former managing director of Aviva International and managing director of …

Reid to Become CEO of U.K. Retail at Arthur J. Gallagher

Arthur J. Gallagher announced that Stuart Reid will join Arthur J. Gallagher’s international brokerage operation as CEO for U.K. Retail. Reid will take up the position at Arthur J. Gallagher later this year, subject to regulatory approval, and will use …

How Analytics Technology Can Help Speed Integration Post-Merger Deal

The record number of merger and acquisition (M&A) transactions involving insurance brokers and agents throughout the United States in the past year underscores the imperative for these firms to accelerate growth and compete more effectively. But for brokers and agencies …

Towergate Gets U.K. Court Nod for Plan to Restructure $1.49 Billion Debt

Towergate Finance plc said it won court approval for its plan to restructure 1 billion pounds ($1.49 billion) of debt. The restructuring will be completed by early April, the U.K. insurance broker said in a statement Friday. The company previously reached an …

Miller Appoints Milner to Help Build Cyber & Technology Book

Miller, the London-based specialist insurance and reinsurance broker, has hired Simon Milner, in a production and broking role in the cyber and technology area. In a press release, Miller said the appointment underlines its plans to build on the growth …

My Favorite Underwriters

Your Sales iQ  By David Connolly       The role of today’s Underwriter is complex.                                                                                                                                                                                                                                                                                                                                                                                                                            They must be gatekeepers, relationship managers, marketers and sales managers. As Agents, we must understand, and respect these differing and often conflicting …

Brokerslink Chairman Says Brokers and Broker Networks Must Adapt or Decline

Speaking at the 3rd Asia Insurance Brokers’ Summit in Kuala Lumpur, Jose Manuel Fonseca, chairman of Brokerslink, told delegates that, in order to address global challenges, brokers and broker networks must adapt or decline. Highlighting consolidation as a major challenge, Fonseca said …

Insurance Journal, Channel Harvest Launch Survey on Agent-Carrier Relationships

Channel Harvest Research, in partnership with Insurance Journal, is conducting its 2015 national survey of agents’ attitudes about their carrier partners. This is the seventh annual study on key aspects of the property/casualty independent agent-carrier relationship. Agents and brokers have …

Merger of Hyperion & RK Harrison Approved by Boards, Shareholders

Hyperion Insurance Group Limited and RK Harrison Holdings Limited announced the signing of the terms of agreement for the merger of the two London-based businesses, following approval by the two companies’ respective boards and shareholders. The transaction remains subject to …

SIAA Grew Premium to $5.7B, Signed 410 New Member Agencies in 2014

SIAA (Strategic Insurance Agency Alliance) said it grew premium by $901 million in 2014 to $5.7 billion, with 80 percent of its growth coming from existing member agencies. Premium growth with SIAA’s strategic partner companies was up more than $576 …