Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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...
Arthur J. Gallagher to Acquire Texas MGA, Pronto
May 10 2018 // Arthur J. Gallagher & Co. has agreed to acquire 100 percent of the equity interests of Pronto Holdco LLC, the parent company of Pronto Insurance (Pronto). The transaction is subject to customary closing conditions and...
Chubb Establishes 6 Teams to Work with Local Brokers in UK, Ireland
May 10 2018 // Chubb said it has completed the creation of six teams to focus on working with independent brokers across the UK and Ireland. The new Chubb teams are in London, Leeds, Manchester, Birmingham, Glasgow and Ireland. Each is...
Gallagher Acquires UK Regional Commercial Broker Risk Services (NW)
May 9 2018 // Insurance broker Gallagher reports it has acquired regional commercial insurance broker Risk Services (NW) Ltd., based in Chester. Terms of the transaction were not disclosed. Risk Services was established in 1999 by...
Want Flood? Let the Market Make it Happen.
May 9 2018 // I spent a day last week in a conference that was focused on some specific risks that make up a property insurance gap nationwide. The morning was focused on one of my favorite soap boxes, flood. You guessed it. It’s...
Michigan Agency Receives Trusted Choice Community Involvement Award
May 8 2018 // Trusted Choice has awarded the annual Dan Fulwider Award for Community Involvement to Alliance Financial & Insurance in Lowell, Michigan. In recognition of Fulwider’s community involvement, Trusted Choice...
Why Agents Should Care About Underinsurance
May 8 2018 // This post is part of a series sponsored by CoreLogic. When it comes down to it, the biggest loser in a property that is underinsured is the homeowner who may not be able to rebuild their home to the way it was before a...
NRA Sues Insurance Broker Lockton Over ‘Carry Guard’
May 7 2018 // The National Rifle Association is suing Lockton Cos., alleging the insurance broker breached its contract with the firearms lobbying group. Lockton administered the NRA’s Carry Guard insurance program, which was...
THB UK Risk Solutions Adds 2 Motor Fleet Brokers
May 7 2018 // THB UK Risk Solutions, the UK broking operation of the specialist insurance and reinsurance broker THB, has named two new motor fleet brokers, bolstering its new business team. Kevin Searle, joining from Wrightsure, and...
People
May 7 2018 // Western Growers Insurance Services has added Paul Barry and Kris Hansen in California. Barry joins the insurance services team as a sales executive, bringing more than 10 years of sales experience. Barry will focus on...
The Technology Gap: Can Agents Keep Up?
May 7 2018 // As predicted in the last Tech Talk column, there is reason to cheer a bit about the findings of the just-released 2018 Insurance Digital Transformation Study. Clear progress has been made as agents work toward mastery of...
How Agencies Grow Today: Channel Harvest Survey
May 7 2018 // When it comes to business growth, agents have their eyes on the same prize but different ideas about how to secure it. That’s one of the key findings of “Agent Voices 2018,” a soon-to-be-released report...
People
May 7 2018 // Associated Agencies Inc. in Rolling Meadows, Illinois, has hired Talicia Bashford as chief operating officer, a newly created position. Bashford will focus on overall operations and several areas of opportunity, including...
What If Tech Companies, Carriers Conspire to Denigrate Consumer Protections and Agency Value?
May 7 2018 // Here’s to ruffling feathers: Indeed, entities do exist in the insurance industry that do not look after their customers adequately. Carriers also exist that scrimp on claims, and some take shortcuts in underwriting,...
American Family, Main Street America Reveal Plan to Merge
May 4 2018 // Wisconsin-based American Family Insurance group and Florida-based The Main Street America Group will pursue a merger, the companies announced today. The combined equity of the merged entities is expected to be more than $9...
New York Fines Lockton Over NRA Insurance; Continues Probe of Other Players
May 3 2018 // Insurance broker Lockton will pay a $7 million fine for administering National Rifle Association (NRA) member insurance programs in New York that officials say violate several state laws. The settlement with Lockton is the...
Beazley, Lloyd’s Broker, Bitfury Creating Blockchain Registry for Crisis Coverages
May 1 2018 // Insurer Beazley has partnered with three companies to build a blockchain-based registry that will manage insurance for crisis situations such as mass shootings, the companies told Reuters. The registry will use blockchain...
