Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Aston Lark Acquires UK Broker AJ Insurance Service
Aug 24 2022 // Aston Lark, a Howden company, announced the acquisition of AJ Insurance Service Ltd. Financial details of the deal were not disclosed. Based in Tilbury in Essex, England, AJ Insurance Service was established in 1979 by...
Round out a home’s protection with a new “stand-alone” earthquake option for Independent Agents in WA & OR
Aug 22 2022 // MILL CREEK, WA, August 22, 2022 — Pacific International Underwriters® (PIU) is partnering with American Modern® to offer a standalone earthquake insurance policy in Washington & Oregon. “One of the advantages...
Former California Insurance Agent Arrested for Theft, Operating Fraudulent Agency
Aug 19 2022 // Francis Okyere, 70, a previously licensed insurance agent in Westlake Village, California, was arrested in relation to a scheme that involved him allegedly stealing multiple victims’ identities and using them to open...
Jensten Group Buys UK-Based Broker J. Bennett & Son
Aug 16 2022 // The Jensten Group, the London-based independent insurance broking group, has acquired J. Bennett & Son Insurance Brokers, based in High Wycombe, England, and its Oxford-based subsidiary, Mathews Comfort & Co., for...
AgentSync CTO and Co-founder Jenn Knight Talks Startups, Scaling, and SaaS at Collision 2022
Aug 15 2022 // This post is part of a series sponsored by AgentSync. Collision, one of the world’s largest technology conferences, wrapped up its annual tech extravaganza in June. Founded by Paddy Cosgrave, David Kelly and Daire...
Hub International Acquires Canada Broker Jaimac Risk Management
Aug 15 2022 // Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced it has acquired Jaimac Risk Management Inc. Terms of the transaction were not disclosed. Located in Ottawa, Ontario,...
Agents Expects Big Jump in Online Commercial Insurance Shopping: Survey Reports
Aug 15 2022 // A majority of independent insurance agents (53%) are expecting a significant increase in online commercial insurance buyers over the next three years, according to a survey from Semsee, a platform for small-commercial...
101 Sales, Marketing & Agency Management Ideas
Aug 15 2022 // Be Kind. No matter how educated, talented, or rich you are, how you treat people ultimately tells all. – Jonathan Friedland, Universal Property & Casualty Insurance Company Be happy! Be happy with who you are! Be...
Agents Win in Commercial Lines
Aug 15 2022 // Independent agents once again show they continue to command the commercial insurance market. The independent agency channel placed 62% of all property/casualty insurance written in the U.S., according to the recently...
Mitsui Sumitomo Insurance to Buy Reinsurance Broker Transverse for $400 Million
Aug 9 2022 // Mitsui Sumitomo Insurance Company, a subsidiary of Japan’s MS&AD Insurance Group Holdings, will spend about $400 million to buy U.S. reinsurance broker Transverse, the Nikkei business daily reported on...
Independent Agents Place Majority of U.S. P&C Insurance: Big I
Aug 9 2022 // The independent agency channel places 62% of all property-casualty insurance written in the U.S., according to the Big “I” 2022 Market Share Report. The annual Market Share Report compiles and analyzes property...
Tennessee’s Kemmons Wilson Joins Virtus Brokerage
Aug 9 2022 // Virtus LLC, a Kansas City-based insurance brokerage and consulting firm, has joined forces with Kemmons Wilson Insurance Group, a Memphis company that specializes in insuring hospitality and hotel firms. The combined firm...
Agency Partnerships: MarshBerry Platform, First Choice Agents Alliance Combine
Aug 8 2022 // The MarshBerry Platform announced it has merged with First Choice Agents Alliance (FCAA). The merger will position the combined firms as one of the insurance brokerage industry’s top agency partnerships. MarshBerry...
Brown & Brown Completes Acquisition of Specialist Wholesale Broker BdB
Aug 3 2022 // Brown & Brown Inc., the Daytona Beach, Fla.-based broker, announced the completion of the previously announced acquisition of the general insurance operating companies of BdB Limited. Financial details of the...
Massachusetts Agent Pleads Guilty to Embezzlement; Agency Barred From Business
Aug 2 2022 // The chief executive officer and president of a Taunton, Massachusetts insurance agency has pleaded guilty in connection with an embezzlement scheme that left client companies uninsured, according to state...
Kentucky Agents Report Few Properties Have Flood Insurance in Widespread Devastation
Aug 1 2022 // Insurance agents in flooded parts of Kentucky reported Monday that their towns had been inundated with river water and mud – but few residents have flood insurance. “From what I know, almost no one has flood...
Ardonagh’s Arachas Corporate Brokers to Acquire Glennon Insurances in Ireland
Aug 1 2022 // Arachas Corporate Brokers Ltd., a Dublin-based subsidiary of The Ardonagh Group, announced it has reached an agreement to acquire Ireland’s Frank Glennon Ltd., Frank Glennon (Life & Pensions) Ltd., and...
Top 100 Independent Property/Casualty Agencies
Aug 1 2022 // Welcome to the 18th annual Insurance Journal Top 100 Independent P/C Agencies report. The Top 100 list is ranked by total property/casualty agency revenue for 2021 and comprises only those agencies whose business is...
Congratulations Top 100 Agencies
Aug 1 2022 // This year marks the 18th annual publication of Insurance Journal’s Top 100 Independent Agencies special report. This year’s Top 100 welcomes eight newcomers to the list: BXS Insurance; York International...
The Evolution of Insurance Agencies
Aug 1 2022 // To paraphrase Mark Twain — reports of the demise of insurance agencies have been greatly exaggerated. The local agency has been the backbone of the industry and the target of outside forces that have been trying to...
