Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Info-laden Site Helps Texas Agents
May 14 2001 // When I bought my minivan, I refused to buy it from my local dealership. The reason? The local sales rep added no value to my sales transaction. He was satisfied in having me or a rep from another dealership do all of the...
Tech Providers Are Scoping Out the Online MGA Market
May 14 2001 // Electronic communications between agents and carriers have received much attention over the years, as the struggle goes on for better technology, single entry of data and lower-cost delivery. But what if you’re a key...
How Agents Won on the Web, Four Web Venture Profiles
May 14 2001 // A century ago, agents found customers where they gathered—at church, their place of business or the local watering hole downtown. This marketing strategy still works today—only now many agents are going through...
IIAT’s 104th Annual Convention Set for June 14-15 in San Antonio
May 14 2001 // The Independent Insurance Agents of Texas’ annual convention set for June 14 and 15 has a new look this year. This year’s event, at the Marriott Rivercenter in San Antonio, will be a jam-packed two days of...
What the Heck Is XML’
May 14 2001 // A persistent problem in delivering the insurance product quickly and accurately to the consumer is that there is no uniform way for all the players behind the scenes to communicate. There are way too many human touches and...
Another Major Shift
May 14 2001 // Only few would disagree that we are on the threshold of an economic revolution of some kind. No one knows just what it is yet because it is all around us and we have no high point from which we can get a better look. That...
Fiduciary Duties and Expert Testimony
May 14 2001 // Insurance intermediaries, whether they are brokers or agents, have fiduciary duties. Often these duties run to policyholders or prospective policyholders. Often they run to insurers. Sometimes, they can run to both at the...
XML Provides the Missing Link for SEMCI
May 13 2001 // Agents have faced the problem ever since insurance companies first introduced applications. Each company had its own form, so the agent who wanted to submit the same account to several underwriters had to write the same...
Study Says E-business to Increase Spending by Industry Leaders
May 11 2001 // According to a recent report, e-business technology is expected to increase the spending by a number of leading insurance companies worldwide by nearly 90 percent during the next three years.Results from a group survey...
Arthur J. Gallagher Announces Formation of Specialty Brokerage Services Unit
May 10 2001 // Arthur J. Gallagher & Co. announced the formation of Gallagher Financial Products, a new specialty Brokerage Services unit devoted to the production and development of a broad array of insurance-based financial...
Ebix.com Plans Purchase of Certain iwix.net Assets
May 9 2001 // ebix.com Inc. signed a memorandum of understanding with Chicago-based iwix.net LLC Specialty Insurance Marketplace to acquire certain iwix.net assets, including software, the intellectual property rights of all iwix.net...
International Insurance Group Launches Mexican Auto Policy Website
May 7 2001 // International Insurance Group Inc., in conjunction with Grupo Nacional Provincial (A.M. Best rated “A-9”), announced the launch of its website designed to allow agents, brokers and consumers to issue Mexico...
Benfield Greig-E.W. Blanch to Create Third Largest Global Re Broker
May 7 2001 // On April 16, London-based Benfield Greig Group plc and E.W. Blanch Holdings Inc. of Dallas announced an agreement on merger terms. Benfield offered to purchase the outstanding shares of EWB for $13.50 a share, valuing the...
Insurer Insolvency: Will Agents Be Held Responsible’
May 7 2001 // Those of us who have been in the insurance business for fifteen years or so can remember when there was a limited number of rating agencies assigning ratings to insurance companies. Today, there are more opinions on...
What the Heck is XML’
May 7 2001 // A persistent problem in delivering the insurance product quickly and accurately to the consumer is that there is no uniform way for all the players behind the scenes to communicate. There are way too many human touches and...
Connecticut Insurance Department Joins Site
May 4 2001 // The Connecticut Insurance Department recently joined other state agencies on Connecticut’s CLIC (Connecticut Licensing Info Center) website. The website, www.ct-clic.com, offers direct, online access to licensing and...
Wells Fargo Acquires ACO Brokerage Holding Corp.
May 3 2001 // Wells Fargo & Company announced the completed acquisition of ACO Brokerage Holding Corporation, parent company of Acordia Inc., one of the nation’s largest independent property/casualty insurance...
Sen. John McCain Scheduled to Speak at IIAA Conference
May 2 2001 // Republican John McCain, former Presidential candidate and current Arizona Senator, will speak at the Independent Insurance Agents of America’s (IIAA) 25th Annual National Legislative Conference. McCain will address...
Lloyd’s Changes Internet Sites To Increase Broker Access
May 1 2001 // Lloyd’s announced that its old general website designation – www.lloyds.com – has become “An internet portal that will give insurance brokers and intermediaries all over the world direct access to...
Yates is New Executive Director of ACT
May 1 2001 // The Independent Insurance Agents of America (IIAA) announced that Jeffrey M. Yates is the new executive director of the Agents Council for Technology (ACT). Yates replaced Len Brevik, who left IIAA and the ACT position to...
