Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Managing Broker Relationships for Carriers and MGAs/MGUs
Nov 23 2021 // This post is part of a series sponsored by AgentSync. The sales role is the lifeblood of insurance, and with a complex pipeline of agencies, agents, brokers, etc., carriers and MGAs can understandably be confused by how to...
Brokers Report Cyber Insurers Requiring Security Steps Along With Higher Premiums
Nov 23 2021 // Insurers are continuing to take a hard line on underwriting and pricing cyber coverage. While commercial lines prices overall rose 8.9% in the third quarter, cyber premiums increased 27.6%, according to The Council’s...
Alabama Agents Vow to Fight Tax Breaks That Mostly Benefit Two Carriers
Nov 23 2021 // Independent insurance agents in Alabama are trying again to crack open what they say is the state’s “good ol’ boy” system and end three decades of tax breaks that mostly benefit two insurance...
Independent Agents Can Access Tech Training, Tools with Catalyit
Nov 22 2021 // Independent agent associations in seven states have teamed up with the technology company Catalyit to help agencies assess and improve their use of data and technological innovations in the insurance arena. “Every...
Insuring Cannabis Summit: Brokers Advise on EPLI, Exclusions, Lounges, Labs
Nov 19 2021 // Powered by InsuranceJournal.tv This is part of a series of articles from Insurance Journal’s annual Insuring Cannabis Summit on Oct. 14. You can find more articles from the summit at the bottom of this one. Employee...
Willis Towers Watson to Acquire Israeli Broker Leaderim
Nov 17 2021 // Insurance broker Willis Towers Watson announced it has signed a definitive agreement to acquire Leaderim, an insurance broking and risk consultancy business in Israel. Financial terms of the deal were not...
AgentSync Launches AutoPilot, Pairing Leading Technology with Always-on Partners to Unlock Growth for Carriers & Agencies
Nov 16 2021 // AutoPilot revolutionizes insurance licensing services by pairing modern technology, deep expertise, and high-touch service, powering growth for agencies and carriers DENVER, CO – November 16, 2021 – AgentSync, the...
People Moves: WTW Names Aon’s Wegbrans as Head of Broking; EmergIn Risk Hires Occam’s Paraskeva; Aon’s Norris to Gallagher Re as Cyber ILS Broker
Nov 16 2021 // This edition of International People Moves details appointments at Willis Towers Watson; Ryan Specialty’s MGU, EmergIn Risk; and Gallagher Re. A summary of these new hires follows here. WTW Names Aon’s Wegbrans...
Insurance Technology: Agents and Multi-Factor Authentication; TA Invests in Insurity Again; GCube Touts AI in Renewable Energy
Nov 15 2021 // ID Federation Offers Multi-Factor Authentication Resource for Agencies Insurance carriers and their agency partners face a “gathering storm” of confusing requirements and changes in the area of multi-factor...
Aston Lark Continues Buying Spree With Purchase of UK Broker Philip Williams & Co.
Nov 15 2021 // Aston Lark, the London-based insurance broker backed by Goldman Sachs that is soon to become part of Howden, announced the acquisition of Philp Williams & Co. as the latest addition to the group. Philip Williams &...
Top 3 Recommendations Ignored by Agency Management
Nov 15 2021 // Prior to starting my consulting business, I read a great book that provided many clever rules for consultants to follow. It took many years for me to fully appreciate some of those rules and I am still working on some. One...
Agents Need E&S Markets Now, More Than Ever
Nov 15 2021 // Insurance rates are rising, capacity is shrinking, and carriers are tightening their underwriting requirements. As a result, agents must work harder and harder to find insurance coverage that meets the needs of their...
NFP Acquires Western Canada’s Foster Park Brokers Inc.
Nov 12 2021 // NFP, the New York City-based insurance broker and consultant, announced the acquisition of Canada’s Foster Park Brokers Inc. Details of the transaction, which closed on Nov. 1, 2021, were not disclosed. Foster Park...
Lloyd’s Broker MNK Re Launches Specialty Wholesale and Retail Unit
Nov 10 2021 // MNK Re Ltd., the London-headquartered Lloyd’s specialist broker, is launching MNK Re UK Specialty Ltd., to focus on UK wholesale and retail business. This new business will build out a wider category of risk...
Xenia Acquires Financial and Specialty Business of London Broker Parker Norfolk
Nov 9 2021 // Xenia Broking Group Ltd. reports it has has acquired the trade credit and financial and specialty risk teams from specialist Lloyd’s insurance broker Parker Norfolk & Partners Ltd. The deal signals Xenia’s...
DFS Charges Miami Insurance Agent with Filing False Claim on Diamond Ring
Nov 8 2021 // Florida authorities have arrested a Miami insurance agent and his accomplice for allegedly filing $22,000 in false insurance claims on a diamond ring that was never stolen. David Abraham Jauregui was charged with insurance...
BRP Group to Acquire Wood Gutmann & Bogart Insurance Brokers
Nov 5 2021 // Subsidiaries of insurance agency partnership BRP Group have agreed to acquire substantially all of the assets of Wood Gutmann & Bogart Insurance Brokers and certain of its affiliates and related entities. Based in...
Liberty Mutual Is Moving Its 2,200 Exclusive Agents to Its New Digital Agency
Nov 5 2021 // Liberty Mutual Insurance, the nation’s sixth-largest personal lines property/casualty insurer, is planning to transition its more than 2,200 exclusive insurance agents in 200 offices across the country to working for...
AgentSync Acquires Finvera to Streamline Broker Identity and Licensing Management
Nov 4 2021 // Acquisition of identity verification platform Finvera accelerates AgentSync’s goal of being the insurance industry’s most advanced producer management system DENVER, CO, November 4, 2021 –– AgentSync, the...
AgentSync Acquires Broker ID Provider Finvera in California
Nov 4 2021 // AgentSync has acquired Finvera, a cloud identity passport for licensed brokers in San Francisco, Calif. Cameron Nordholm, founder of Finvera, joins the AgentSync team as head of product. Terms of the deal were not...
