Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Arthur J. Gallagher Acquires UK Property-Owner Insurance Broker, RGA Group
Sep 6 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-headquartered broker, announced the acquisition of three UK insurance intermediaries – Rentguard Ltd., Home & Travel Ltd. and RGA Underwriting Ltd. –...
XS Brokers Taps Burns & Wilcox’s Epting to Lead Southeast Expansion
Sep 6 2019 // XS Brokers (XSB), an independent insurance underwriting and wholesale brokerage group, has expanded its team with the hiring of Jim Epting as executive vice president. As XSB continues its growth and expansion, Epting will...
U.S. Risk Acquires Regency Insurance Brokerage Services of Florida
Sep 5 2019 // U.S. Risk, LLC, a property and casualty wholesaler and MGA, has acquired Regency Insurance Brokerage Services, a wholesale broker and MGA headquartered in Hallandale Beach, Fla., with additional locations in New York, New...
Insurance Agents & Brokers Announces New Directors, Officers
Sep 4 2019 // September marks a new administrative year for the Insurance Agents & Brokers (IA&B) Service Group and its partnership of agents’ associations in Pennsylvania, Maryland and Delaware. The following independent...
5G Mobile Networks Jeopardize Future Storm Forecasts, Claim Weather Agencies
Sep 4 2019 // Weather agencies are warning that signals from new 5G mobile networks will make it harder to predict and track deadly storms, as the fiercest hurricane in more than 80 years tore across the Bahamas to threaten the U.S....
Agency System Fabric
Sep 2 2019 // Agency partnerships have grown tremendously. Since 2013 when Insurance Journal began tracking the Top 20 Agency Partnerships, the total combined property/casualty revenue for all 20 agency networks has more than...
Agency Network Exchange LLC – #11 Agency Partnerships 2019
Sep 2 2019 // $90,317,326 2018 Total P/C Revenue Established in 2009, Agency Network Exchange LLC (ANE) is a network of more than 70 independent insurance agencies in New Jersey, Pennsylvania and Maryland that place more than $750...
ISU Network – #2 Agency Partnerships 2019
Sep 2 2019 // $559,580,000 2018 Total P/C Revenue ISU Network limits its size by adding new members, mid-sized to large agencies, by invitation only. But while this agency partnership is small in number, it’s not small in...
Smart Choice – #8 Agency Partnerships 2019
Sep 2 2019 // $108,378,576 2018 Total P/C Revenue Smart Choice is an agency network of 7,500 independent agency locations across 44 states. The network offers agencies of all sizes opportunities to build their business with limited...
What You Should Know Before Joining an Agency Network
Sep 2 2019 // Today is a great time to be an independent agent, but running an independent agency is not easy. Without an awareness of how the industry is evolving, and having access to ongoing training and education, you may not be...
Renaissance Alliance Insurance – #7 Agency Partnerships 2019
Sep 2 2019 // $109,262,128 2018 Total P/C Revenue Founded by agencies for agencies 20 years ago, the Renaissance Alliance Insurance Services LLC (RAIS) network thrives on helping independent agencies grow premium, profits and equity far...
Networked Insurance Agents – #16 Agency Partnerships 2019
Sep 2 2019 // $52,093,831 2018 Total P/C Revenue Networked Insurance Agents, an AmWINS Group company, provides an array of membership options from market access to direct access. “Based on the aggregation or direct access...
Pacific Interstate Insurance Brokers – #10 Agency Partnerships 2019
Sep 2 2019 // $97,002,661 2018 Total P/C Revenue Pacific Interstate Insurance Brokers (PIIB), launched in 1994, has more than 200 member agencies in nine states today. Agency members are treated equal even when it comes to cost to join....
Insurance Alliance Network – #19 Agency Partnerships 2019
Sep 2 2019 // $37,053,881 2018 Total P/C Revenue Every agency maintains independent ownership in their book of business when they become a member of the Insurance Alliance Network, part of the Alera Group. According to Jane D....
SIAA – #1 Agency Partnerships 2019
Sep 2 2019 // $1,211,398,245 2018 Total P/C Revenue The SIAA business model has been operating since 1983 in the Northeast and nationally since 1995. The organization operates with 48 local master agencies with over 350 associates...
United Agencies Inc. – #18 Agency Partnerships 2019
Sep 2 2019 // $46,000,000 2018 Total P/C Revenue United Agencies Inc. began as a cluster in 1962 when several insurance brokers came together to evaluate the direction of the insurance industry and how to best serve their customers in...
Georgia Agency Partners – #13 Agency Partnerships 2019
Sep 2 2019 // $68,000,000 2018 Total P/C Revenue Founded in 1995, the Georgia Agency Partners network is 15 agencies headquartered in Georgia. “We grow organically through our current members and do not add members just for volume...
AJG Not Liable for Late Notice that Cost Illinois Firm $1.34M
Sep 2 2019 // An Illinois construction company that waited six years to inform its excess insurer it had been sued cannot expect coverage from that carrier, and it can’t go after the insurance brokerage that sold it the policy, a...
Arthur J. Gallagher Acquires California Benefits Broker, Garnett-Powers & Associates
Aug 30 2019 // Arthur J. Gallagher & Co. has acquired the University Services business of Mission Viejo, California-based benefits broker and consultant Garnett-Powers & Associates Insurance Services Inc. Terms of the transaction...
Canada Insurer The Co-operators Acquires Quebec Broker, Cadieux Beausejour Dupras
Aug 30 2019 // Canadian insurer The Co-operators has purchased the Saint Jérôme, Quebec-headquartered broker, Cadieux Beausejour Dupras Inc. Financial details of the deal were not disclosed. The brokerage’s portfolio includes...