Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Insurtechs Discovering the Value of Agents
Oct 21 2019 // Insurtechs have been making headlines for several years with how they are changing the insurance business and the threat they pose to traditional insurance distribution. But as these fledgling insurance technology firms...
A Modern Economy Demands Modern Protection: Advancing Liability Coverage into the Digital Age is Imperative — and Long Overdue
Oct 21 2019 // Liability insurance as we know it no longer suits a large fraction of today’s and tomorrow’s small-business owners. Brokers and insurers are at a crossroads on how to serve small businesses’ changing...
Brokerslink Network Forms Agreement with Swiss Re Corporate Solutions
Oct 18 2019 // Brokerslink announced a strategic agreement for Swiss Re Corporate Solutions to develop a dedicated international insurance program management platform for the organization’s broker network. The new business...
London-Based MGA Castel Specialty Enters Construction and Engineering Market
Oct 17 2019 // Castel Specialty, the London-based division of club-style MGA formation platform Castel Underwriting Agencies Ltd., has entered the construction and engineering market, primarily focused on the UK, North America,...
EU-Based Britons Fuel Growth in Healthcare Insurance as Post-Brexit Fears Grow
Oct 17 2019 // Some Britons living in the Europe Union are worried about losing access to free healthcare after Brexit, opening up a potentially lucrative new market for European health insurers. “I am indebted to France for my...
Ryan Specialty Group Acquires Assets, Operations of Pennsylvania’s The Suitelife
Oct 16 2019 // Ryan Specialty Group LLC has acquired the assets and operations of The Suitelife, a program manager specializing in boutique hotels, premier and full service hotels, hotel management companies, condo hotels and resorts...
Private Flood Insurance Growth Could be Boon for Claims Professionals
Oct 16 2019 // A nudge into the market by carriers offering private flood insurance is becoming more of a shove, which might bring new opportunities for claims adjusters and maybe create a more efficient claims process along the way. An...
Atlanta-Based Prime Risk Partners Joins EPIC Insurance Brokers
Oct 16 2019 // Prime Risk Partners Inc. and EPIC Insurance Brokers & Consultants have entered into an agreement to join forces. Prime Risk Partners, headquartered in Atlanta, is a growing national firm of insurance professionals...
Insurance Broker Virtus Expands Private Equity Practice in Chicago
Oct 15 2019 // Insurance brokerage and consulting firm, Virtus, has expanded its Private Equity Practice with the addition of Mike Kesner, John Eichmann, Eric Banduch, Joey Eichmann and Angela Aiello in Chicago. Prior to joining Virtus,...
The Liberty Company Insurance Brokers Adds Armitage in California
Oct 15 2019 // The Liberty Company Insurance Brokers has hired Jim and Taylor Armitage to the Woodland Hills, Calif., office. Both were formerly with Arroyo Insurance. Jim Armitage was a founding member of the Arroyo Insurance group of...
Arthur J. Gallagher & Co. Buys Swedish Broker Proinova
Oct 14 2019 // Arthur J. Gallagher & Co. announced the acquisition of Helsingborg, Sweden-based insurance broker Proinova. The terms of the transaction were not disclosed. Founded in 1989 by CEO Sten Eriksson, Proinova specializes in...
Vaping-Related Illnesses Could be Due to Multiple Causes: U.S. Health Agencies
Oct 11 2019 // U.S. health officials said on Friday there may be more than one cause to the outbreak of the mysterious lung illness linked to e-cigarette use and said they do not see a meaningful drop in new cases. As of Tuesday, 1,299...
What Agents Should Know Before Joining an Insurance Agency Network
Oct 11 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...
Vermont Insurance Agents Association Elects Alan Kinney as President
Oct 11 2019 // Alan K. Kinney III, principal at Kinney Insurance Agency in St. Albans, Vermont, was recently elected president of the Vermont Insurance Agents Association (VIAA). Within Kinney Insurance Agency, Kinney leads the...
Illinois Agents Group Taps Valley Insurance Agency Alliance Members for Top Awards
Oct 9 2019 // Independent Insurance Agents of Illinois (IIA of IL) has named Eclipse Insurance Agency of Du Quoin, Illinois, as its 2019 Insurance Agency of the Year. Keenan Rice, owner of Eclipse Insurance Agency, was named the 2019...
Krol Promoted to Assistant Brokerage Underwriter at Michigan’s J.M. Wilson
Oct 9 2019 // J.M. Wilson in Portage, Michigan, has promoted Stevii Krol to assistant brokerage underwriter. Krol is responsible for quoting new and renewal brokerage and professional accounts, setting up and binding policies, assisting...
Hub International Acquires Canadian Broker PDF Financial Group
Oct 9 2019 // Hub International Ltd., the Chicago-based global insurance brokerage, announced it has acquired PDF Financial Group Inc. Terms of the transaction were not disclosed. Based in Toronto, Ontario, Canada, PDF is an independent...
XS Brokers Makes 4 Hires to Atlanta Office; Johnson Named VP
Oct 9 2019 // XS Brokers (XSB), an independent insurance underwriting and wholesale brokerage group, is continuing its expansion in the Southeast region with the hiring of Brent Johnson as VP and Carrie Sheen as AVP, CIC. XSB has also...
How The Hanover Is Investing in Digital Tools for Agents, Customers
Oct 8 2019 // As insurers embrace insurtech in multiple ways, The Hanover Insurance Group’s Richard Lavey offers some advice: Not everything works as initially envisioned, and that’s OK. “‘If you build it, they...
World Broker Network Adds CEO of Hong Kong-Based Pacific Prime to Board
Oct 8 2019 // Neil Raymond, founder and CEO of Pacific Prime Insurance Brokers, has recently joined the Worldwide Broker Network (WBN) as a board member. Founded in 1999, Hong Kong-based Pacific Prime serves more than 4,000 corporate...
