Agents & Brokers News

Successful Brokers Put Clients Front and Center: Aon’s Dominic Christian

The brokerage industry has changed “utterly and fundamentally” over the past 30 years from a risk transfer function to much more of an advisory role, according to Dominic Christian, executive chairman, Aon Benfield, London. Christian spoke at an event this …

U.K.’s Towergate Bonds Plunge on News of Takeover Bids

Towergate Finance plc’s high-yield bonds plunged to a record after Europe’s largest insurance broker said it received takeover offers. The company’s 304.6 million pounds ($475.5 million) of 10.5 percent notes fell 16 pence on the pound to 45 pence, the …

PIA of Florida, National Insurance Underwriters Launch E&O Partnership

The Professional Insurance Agents of Florida Inc. (PIA of Florida) has tapped National Insurance Underwriters (NIU) as the official underwriter of its insurance agents’ professional liability errors and omissions insurance. The partnership enables NIU to now offer E&O coverage from …

Aon Web Tool Aids Contractors Working in Multiple States

The Construction Services Group of Aon Risk Solutions has a new web-based tool to help clients navigate the risk challenges of pursuing work in multiple geographies. The Construction Risk Portal is a single website that currently houses two applications. The …

Berkshire Hathaway Specialty Adds Contractor’s, Business Crisis Cover

Berkshire Hathaway Specialty Insurance (BHSI) has created a Contractor’s Broad Form Coverage, which is now available to contractors with BHSI’s primary general liability practice policies. In addition, BHSI is offering contractors its Business Crisis Event Cost Coverage endorsement with these …

Hiscox Endorsement Covers Business Loss by Cyber Deception, Phishing

International specialist insurer Hiscox is now offering a Cyber Deception endorsement as part of its crime insurance that is aimed at protecting businesses against malicious efforts by criminals to trick employees into transferring company funds. Cyber deception is a growing threat …

ACE Group Offers Tiered Loss Mitigation Services for Cyber

ACE Group is offering a new Loss Mitigation Services designed to help businesses reduce the possibility of cyber security attacks and data breaches from occurring, minimize potential losses, and prepare for possible regulatory or legal actions. According to recent findings …

K&K Offers Program for Firefighter Accidental Death and Disability

K&K Insurance Group Inc., a subsidiary of Aon plc, has a new program offering accidental death and disability (AD&D) coverage for firefighters. The program provides a variety of options including: Policies written for the entire state or on a per …

CorPro, AIG Offer Management Liability Products for Small, Mid-Sized Firms

CorPro Underwriting Managers will now offer directors and officers, employment practices, fiduciary and crime insurance coverage to small and mid-sized enterprises through its partnership with subsidiaries of American International Group Inc. This partnership provides a single point of entry exclusively …

XL Group Unveils Enhanced Yacht Insurance

XL Group has launched enhancements to its yacht insurance program, providing increased coverage for Search & Rescue, stolen boat reward, ship’s cash and continued coverage for crew, which the company unveiled at the 55th Annual Fort Lauderdale International Boat Show. …