Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Rhode Island’s Starkweather & Shepley Insurance Brokerage Hires Thayer
May 24 2018 // Starkweather & Shepley Insurance Brokerage Inc. (S&S) has hired Jessica Thayer as the Financial Services Risk Solutions (FI) Practice Group leader. Thayer has specialized in directors and officers, errors and...
Willis Granted Full Insurance Broker License by China
May 23 2018 // Willis Towers Watson reports that China’s Banking Insurance Regulatory Commission (CBIRC) earlier this month approved Willis Insurance Brokers to be the first fully licensed foreign broker to transact all insurance...
My Reflections on NetVU’s Accelerate Conference
May 23 2018 // Last week, I went to the Accelerate conference for users of Vertafore systems. Vertafore is a software provider for different links in the insurance distribution network. Insurance companies and agencies use different...
Tennessee Halts Businesses of 2 Unlicensed Agents
May 23 2018 // Two former Tennessee insurance providers have been served cease and desist orders by the Tennessee Department of Commerce & Insurance (TDCI) in response to fraudulent practices the department says they used to sell...
Why Insurance Industry Should Embrace, Not Fear, Artificial Intelligence
May 22 2018 // Powered by InsuranceJournal.tv Artificial intelligence isn’t the cold, job killing disruptor many fear it to be – at least it won’t be for many years to come, says Jeff Somers, president of...
NSM’s Vantage Acquires UK Personal Lines Broker Fresh Insurance in Redditch
May 21 2018 // U.S.-based NSM Insurance Group’s UK subsidiary, Vantage Holdings, has acquired Fresh Insurance Services Group Ltd,. an insurance broker based in Redditch, West Midlands that specializes in non-standard personal lines...
Midwest Agencies – North Risk Partners, Bearence Management Group – Merge
May 21 2018 // Minnesota’s North Risk Partners has merged with Bearence Management Group, another independent insurance brokerage firm with over 80 employees spread across three Midwest locations – Mendota Heights, Minn., Des...
Channel Harvest Survey: Where Do Carriers Fall Short of Agent Expectations?
May 21 2018 // There appears to be a misalignment between carrier performance and independent agents’ expectations in both personal and commercial lines. These are selected findings of “Agent Voices 2018,” a...
People
May 21 2018 // Kansas City-based independent insurance broker, Lockton, named Said Taiym executive vice president and chief digital officer. Taiym will focus on digital innovation and new technologies to help Lockton. He most recently...
People
May 21 2018 // Privately held independent insurance broker Lockton named Matt DiGregorio as a senior vice president in its South Florida operation. DiGregorio will advise clients in private equity, real estate and other industries on...
Agent’s California Senate Bid Driven by Need for Better Representation
May 21 2018 // Tom Pratt, an insurance agent who specializes in procuring fine art coverage in a rural Northern California community, has worked in the insurance industry for more than 20 years. By day he is an insurance agent. In his...
J.C. Flowers Buys Lloyd’s Brokers SSL and Endeavour; Two Agree to Merge
May 18 2018 // Lloyd’s and independent specialist marine broker SSL Insurance Group has agreed to merge with fellow Lloyd’s broker and delegated authority specialist Endeavour Insurance Services. The deal will conclude with...
Age of Insurtechs Poses Unique Challenges for Surplus Lines Insurance Industry
May 17 2018 // Over the last year or so, the insurance industry has seen technological advances driving new products and distribution means to market. We have seen “insurtech” blossom from a term to describe the intersection...
Reagan Survey Shows 5.6% Organic Growth by Agencies in Q1
May 16 2018 // Insurance agencies and brokerage firms recorded the second consecutive quarter of accelerating growth, and their outlook for the remainder of 2018 continues to be optimistic, according to a new industry survey of...
Marsh Networks Arranges M&A Financing Deal for Member Agencies for M&As
May 16 2018 // Marsh Networks announced a deal with Shawbrook Bank to help its network members secure bank loans to fund mergers and acquisitions or to sell their businesses. As part of the arrangement, Marsh Networks will introduce...
EPIC Hires Montelione to Financial Risk Practice in New York
May 16 2018 // EPIC Insurance Brokers and Consultants, a retail property and casualty and employee benefits insurance brokerage and consulting firm, has hired Diane Montelione as a senior vice president in its Financial Risk...
How UK Brokers View Cyber Insurance
May 15 2018 // The majority of UK brokers see cyber as an important and growing market yet nearly one-third admit to a “poor” or “very poor” understanding of cyber risks and cyber insurance, according to research...
INSUREtrust Adds Hoppenbrouwer as Professional Lines Broker in Atlanta
May 15 2018 // Atlanta-based INSUREtrust has added Sam Hoppenbrouwer as a Professional Lines broker on the production team of Executive Vice President Christiaan Durdaller. Hoppenbrouwer brings with him four years of wholesale experience...
Agent’s California Senate Bid Driven by Need for Better Representation
May 14 2018 // Tom Pratt, an insurance agent who specializes in procuring fine art coverage in a rural Northern California community, has worked in the insurance industry for more than 20 years. By day he is an insurance agent. In his...
Strehmann Retires as CFO of Agent Support Network in Illinois
May 14 2018 // Barb Strehmann, chief financial officer at Burr Ridge, Illinois-based Agent Support Network of America (ASNOA), has retired. Strehmann was the first employee hired upon the creation of ASNOA in 2003. She began at ASNOA as...
