Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Global Broking Network Brokerslink Appoints Gavriel as European Regional Manager
Feb 21 2019 // Global broking network Brokerslink has appointed Christos Gavriel to the role of regional manager for Europe. Gavriel has a strong background in insurance having previously held various international roles at AIG before...
UK Probe of Wholesale Brokers Finds No Evidence of Anti-Competitive Behavior
Feb 20 2019 // Britain’s wholesale insurance brokers got a clean bill of health from the markets watchdog on Wednesday, providing some relief for an industry already spending millions of pounds on Brexit. London’s insurance...
Maine’s BroGue Insurance & Financial Services Promotes Kinney, Hires Cole
Feb 19 2019 // BroGue Insurance & Financial Services has promoted Heather Kinney to agency manager and hired Derek Cole. Kinney began her insurance career in 1990 and has been a licensed agent since 1999, with experience in both...
Former Washington Agents Charged with Fraud, Writing Fake Policies
Feb 18 2019 // Three Pierce County, Wash., residents were charged in early February with crimes related to insurance fraud in Pierce County Superior Court. The charges follow investigations by Insurance Commissioner Mike Kreidler’s...
Insurers with Best Service Win More Business from Independent Agents
Feb 18 2019 // It may be obvious to those in the industry that the more satisfied independent insurance agents are with an insurance carrier, the more business they will conduct with that carrier. But the message may not be getting...
Employees Have Upper Hand in Today’s Agency Job Market
Feb 18 2019 // Owners Must Show Them the Money, Culture and Other Perks As the insurance industry unemployment rate continues to hover at 1.7 percent, which is lower than the national average of 3.9 percent, insurance agencies face stiff...
Things to Consider When Charging Broker Fees
Feb 18 2019 // A broker fee is a fee in addition to premium and commission that is charged by retail and wholesale insurance brokers and that ultimately is paid by the insurance buyer. Such fees are subject to two overriding rules: (1)...
Agency Merger & Acquisition Deals Hit All Time High, Again
Feb 18 2019 // The year of 2018 brought an all-time high of merger and acquisition (M&A) activity to the insurance industry. Consolidation of firms, both at a local level with M&A by independent agents and brokers, and...
People
Feb 18 2019 // National MetLife has named Darla Finchum as head of the company’s U.S. property/casualty business, MetLife Auto & Home. Finchum had been serving in this role on an interim basis since last August. She will be...
How to Conduct an E&O Self Audit
Feb 18 2019 // Mistakes happen. After all, we are human. That is why insurance agencies have agency errors and omissions (E&O) coverage. Even with the support of E&O coverage, an E&O claim can take its toll on the people...
Eating an Elephant: Tales from 9 Agency Start-Ups
Feb 18 2019 // What motivates people to take a risk in an industry dedicated to managing risk? New independent agencies are born of various circumstances. Sometimes it’s about seizing an opportunity that comes along; other times,...
Look Who Is Betting on the Agency System
Feb 15 2019 // According to some pundits, buyers should all be online and the agency system should be dead by now. However, it appears not everyone got that memo. Here are some recent examples of companies, techies and investors betting...
New Ventures, Driver Shortage Among Challenges in Trucking Insurance Market
Feb 15 2019 // The transportation industry is considered a barometer of the U.S. economy. If freight is trending up, so too is the U.S. economy. But capacity constraints for trucking – including a shortage of qualified drivers, low...
7 Different Insurance Career Options
Feb 13 2019 // This is Insurance Careers Month. I really enjoy when this comes around every year. It’s a chance for me to remind some (and educate others) that the insurance industry is a great career to work in. It has been good...
InsurTechs Take Note: Chubb’s Digital Marketplace Serves 1,000 Agents a Day
Feb 13 2019 // Giant global insurer Chubb is on a mission to transform itself into a digital enterprise. The company is making substantial investments in digital technologies including cloud, mobile, APIs, security, chatbots, analytics...
Insurance Broker Lockton Opens New Orleans Area Office
Feb 12 2019 // Global insurance broker Lockton Companies has opened an office in the greater New Orleans area, headed by Tim Woodard, JD. Danelle Heathman has been appointed as a senior vice president and Cheryl Cabrera will serve as a...
Virginia Honors Independent Agents for Efforts to Fill Flood Insurance Gaps
Feb 12 2019 // The Virginia House of Delegates passed a joint resolution that would designate the first full week in March each year as Trusted Choice Independent Insurance Agents Week beginning in 2019. HJ 703, introduced by Del. Buddy...
Massachusetts’ XS Brokers Promotes McVicker
Feb 8 2019 // XS Brokers, a Quincy, Mass.-based independent wholesale insurance underwriting brokerage service provider, has promoted Sean McVicker to division leader of Brokerage Casualty. Previously, McVicker served as assistant vice...
UK’s Integro Offers Piracy Protection Cover for Entertainment Industry
Feb 8 2019 // Integro Insurance Brokers, the UK insurance broker and risk management firm, announced it is offering Piracy Protection Insurance for the entertainment industry. The firm’s Piracy Protection Insurance is designed to...
Champion in California Names Myers Commercial Insurance Broker
Feb 7 2019 // San Diego, Calif.-based Champion Risk & Insurance Services has named Casey Myers a commercial insurance broker. Myers was previously a vice president with Paul Hanson Partners Transportation Insurance. Casey...
