Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
BMS Appoints Douetil as Group CEO; Cook CEO of UK Broker Entity
Aug 21 2013 // The UK’s BMS Associates, a specialist independent broker and underwriting group, has appointed Dane Douetil as its new Group Chief Executive Officer. BMS Associates is the parent company of BMS Group Limited, its UK...
Maryland Automobile Insurance Fund Withdraws Proposal to Gain Policy Rights
Aug 19 2013 // The Maryland Automobile Insurance Fund (MAIF) — the auto insurance market of last resort in Maryland — last week withdrew its proposal to gain “sole and exclusive property” rights to all MAIF...
Q2 Revenue Growth Strong for Mid-Size, Large Privately-Held Agencies: Survey
Aug 19 2013 // Median organic revenue growth reached 6.9 percent in the 2013 second quarter for mid-size and large privately held insurance agencies and brokerage firms, according to a survey by Reagan Consulting, a management consulting...
101 Sales & Marketing Ideas for Agencies
Aug 19 2013 // Insurance Journal has listened to readers, spoken with experts, combed through columns and articles and even searched outside insurance circles to find the best sales and marketing tips for independent agencies today. Here...
The Fight for Policy Ownership
Aug 19 2013 // There are times when what agents don’t know can hurt them, and this is one of them. I refer to the all-too-often overlooked, and recently targeted, ownership of policy “expirations” – policy,...
People
Aug 19 2013 // The Hartford Financial Services Group promoted Patricia McEvoy to chief ethics and compliance officer. In her previous role, McEvoy was vice president and assistant general counsel in the corporate and property/casualty...
60% of Direct Buyers Eventually Return to Independent Agents: Study
Aug 19 2013 // Most customers who are lured away from independent agents by direct insurers promising lower prices will ultimately return to an independent agent. According to a recent study commissioned by The Hanover Insurance Group,...
Want to Make More Money in the Insurance Business? Specialize.
Aug 16 2013 // Insurance producers who specialize in an industry or insurance product line make more money than those who don’t. Likewise, agencies that encourage their producers to specialize bring in more revenue than those...
How to Manage the Winds of Change for High Net Worth Clients
Aug 16 2013 // As insurance professionals, we’re in the business of anticipating and responding to severe weather. However, heightened activity in recent years points to some startling trends: • Atlantic named storms in the month...
Applied Systems Acquires Insurecom in U.K.
Aug 14 2013 // University Park, Ill.-based insurance software provider Applied Systems Inc. has acquired Insurecom, a software and connectivity solutions company focused on the insurance industry in the United Kingdom. Under the deal...
Insurance Broker Gardner Appointed Chair of Florida’s Citizens
Aug 14 2013 // Florida Chief Financial Officer Jeff Atwater has tapped Chris Gardner to be the new chair of the Citizens Property Insurance Corp. board of directors. Gardner has been a member of the Citizens board since July 11, 2011. He...
Arthur J. Gallagher Acquires Broker Bollinger
Aug 13 2013 // Insurance broker Arthur J. Gallagher & Co. has acquired insurance broker Bollinger Inc., headquartered in Short Hills, New Jersey, for approximately $276.5 million. Bollinger’s business includes retail...
E-Agent Summit Sponsorship Opportunities Announced
Aug 13 2013 // Providence, RI, 08/13/13 – The E-Agent Summit, a must-attend event for insurance agency executives, managers, producers, and agents, to learn about digital marketing strategies for the modern consumer, announced today...
Combined Insurance Survey Reveals Top Job Differentiators for New Agents
Aug 12 2013 // A survey by Illinois-based Combined Insurance of more than 400 of its new sales agents reveals that sales training and career advancement opportunities rank top when applying to and choosing an insurance sales employer,...
The BIG Independent Group Announces Initial Meeting and Minivention
Aug 12 2013 // Rancho Cucamonga, CA, 08/12/13 – The BIG Independent Group announced the formation of its flagship chapter serving the insurance professionals of the Southwestern United States. Under the leadership of Jon Spaugy,...
Teen Golfers from Kansas, Georgia Win Big ‘I’ National Championship
Aug 9 2013 // Bailey Tardy of Norcross, Ga. and Sam Stevens of Wichita, Kan., won the girls and boys divisions, respectively, at the recent 45nd Annual Trusted Choice Big “I” National Championship in Pinehurst, N.C. The...
AssuredPartners Posts 36.7% Revenue Increase in 2012
Aug 9 2013 // Lake Mary, Fla.-based AssuredPartners Inc. posted a revenue increase of 36.7 percent in 2012, compared to 2011 revenue. AssuredPartners, founded in March 2011, grew revenue from $172,316,140 in 2011 to $235,604,040 in...
Background Checks, Fingerprinting of North Dakota Agent Applicants to Begin Sept. 1
Aug 8 2013 // The North Dakota Insurance Department announced that as of Sept. 1, 2013, anyone applying to become a North Dakota resident insurance producer must undergo a criminal background check, including fingerprinting. This...
IRMI Acquires Agribusiness and Farm Certification from IIABCal
Aug 8 2013 // International Risk Management Institute Inc. has entered into an agreement with the Independent Insurance Agents & Brokers of California to acquire the Agribusiness and Farm Insurance Specialist certification...
Swett & Crawford Appoints Sales Leader for Atlanta Branch
Aug 7 2013 // Wholesale insurance broker Swett & Crawford promoted Matt Brott to sales leader for the Atlanta branch. In addition to his new sales leadership responsibility, Brott will continue to serve as a broker in Swett &...
