Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
North Country Insurance Group Adds Two Vermont Based Member Agencies
Nov 16 2016 // North Country Insurance Group (NCIG), an alliance of independent insurance agencies located throughout Northern New England, has expanded by adding Finn & Stone Insurance and Mars Insurance to the group. Brothers Chip...
The Right Cyber Coverage Can Protect a Business from Financial Ruin
Nov 16 2016 // A recent report on cybersecurity still shows many companies are unprepared for cyberattacks. The report, conducted by KPMG and British Telecom, reveals only 22 percent of companies have a comprehensive plan in place to...
Marsh to Acquire UK-Based Bluefin Insurance from AXA for $369.4M
Nov 15 2016 // Marsh announced it has reached agreement with AXA Group to acquire Bluefin Insurance Group Ltd., a subsidiary of AXA UK plc. The transaction, which is subject to regulatory approval, is expected to close in the first...
TWIA: Agents Approve 18K Policies for Transfer to Depopulation Program
Nov 10 2016 // The Texas Windstorm Insurance Association (TWIA) announced the passage of an important milestone in its Assumption Reinsurance Depopulation Program (Assumption program): agents have approved 18,000 policies for possible...
NYSIF Creates Producers’ Advisory Council, Appoints 3 from IIABNY
Nov 10 2016 // The New York State Insurance Fund (NYSIF) has created a producers’ advisory council and appointed three Independent Insurance Agents & Brokers of New York (IIABNY) members to serve on the council. Jack Smith,...
Does Your Agency Need a ‘Coverage Consultant’
Nov 10 2016 // Google the phrase “business consultant” and more than 21 million hits pop up available for review. Granted some of these are links to descriptions of what a business consultant is, but the majority of possible...
Gray Joins National E&S in California as Environmental Wholesale Broker
Nov 9 2016 // Jeff Gray has rejoined National E&S as an environmental wholesale broker. Gray specializes in hard to place risks, including construction risks, restoration contractors, environmental risks and hazmat trucking...
In American Modern’s ‘Most Confident Agent’ Campaign, Learning Goes Both Ways
Nov 9 2016 // An Ohio-based property/casualty insurer experimenting with gamification to educate agents on its specialized products and services is finding that it is learning a lot about its agent force in the process. American Modern...
The Competitive Advantage: Are Your Companies Stealing Your Expirations?
Nov 7 2016 // Three times in three months now, I have seen major carriers “provide” contracts that in some cases outright take ownership of agency expirations and in another case only take an “interest” in them....
Spotlight: 10 Things to Know About Habitational/Dwellings
Nov 7 2016 // ”Provide a good habitational supplement and loss history with your submission. Thorough underwriting information is key to getting a quick turnaround and a competitive quote.” — Gabriel Derzhavets, Roush...
Cyber, Risk Management & Claims for Accountants’ Liability
Nov 7 2016 // The environment for accountants’ professional liability (APL) insurance programs continues the trend of the past few years of both expansions in coverage and risk management with many programs. The market is also...
3 Ways Auto Insurers Should Adapt to Drivers’ Changing Road Habits
Nov 7 2016 // For a historically slow-moving industry, changes are occurring at a rapid rate in today’s auto insurance world. Drivers’ road habits are shifting and auto insurers should adapt to the changing behavior behind...
Berkshire’s Workers’ Compensation Product Carries Risks of Innovation
Nov 4 2016 // David Miller is a stickler for safety at the Goodwill stores he runs in central California. So when Applied Underwriters offered his nonprofit a deal on insurance for workplace accidents if he could minimize injuries, he...
How Independent Agents Are Feeling About Growth, Technology and Disruption
Nov 3 2016 // Property/casualty independent insurance agents are more optimistic this year than they were in 2015. Nearly half (49 percent) of agencies responding to an industry survey say they are “very optimistic” about...
Lloyd’s Innovation Awards Go to Aon, Beazley, Cromar, Hiscox, Tokio Marine Kiln
Nov 3 2016 // Lloyd’s of London recently announced the winners of its 2016 Innovation Awards. Beazley, Cromar, Hiscox and Tokio Marine Kiln each picked up awards for innovative products or new ways of working. Aon won most...
PIA Management Services Expands to Include Vermont Association
Nov 3 2016 // PIA Management Services Inc., the umbrella corporation that manages the Glenmont, New York, based Professional Insurance Agents (PIA) associations, has reached an agreement with PIA National to assume management of the PIA...
Schinnerer Expands Builders Risk Program
Nov 1 2016 // Victor O. Schinnerer & Company, an underwriting manager, has expanded its Builders Risk program to now include coverage for commercial construction and commercial and residential remodeling. Brokers can now quote and...
Indio, Tech Startup for Commercial Insurance Brokers, Raises $2 Million
Nov 1 2016 // Indio, a commercial insurance platform for brokers that aims to do what Sabre did for travel agents or Schwab did for wealth managers, said it has secured $2 million in seed financing. Venture capital firms NEA, Compound,...
McCalister Joins All Risks Ltd. in Dallas
Oct 31 2016 // The independent wholesale insurance brokerage firm, All Risks Ltd., has added Bryan McCalister as a broker in the firm’s Dallas office. McCalister will focus on casualty brokerage opportunities throughout Texas,...
Experienced Underwriter Mark Hart Joins Breckenridge Insurance Services as Senior Vice President
Oct 31 2016 // Atlanta, GA, October 31, 2016 — Mark Hart has joined the wholesale brokerage firm Breckenridge Insurance Services as a senior vice president within its Elevation Authorities contract binding division. Hart brings twenty...
