Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Companies Press Insurance Brokers for Workarounds to Rising D&O Costs
Jun 15 2020 // When Elon Musk said in April he was dropping the insurance policy that protects Tesla Inc.’s board from shareholder lawsuits, it got Skip McBride’s attention. To McBride, who used to manage law firm Bracewell...
How Construction Companies Can Make the Most of Technology Advancements
Jun 15 2020 // As one of the oldest industries, construction has been notoriously slow to adopt technological advancements and embrace the digital age. However, in the last decade, many innovative technologies have gained traction in the...
Producer Recruiting and Retention Is the Same Issue for Agencies
Jun 15 2020 // Why? This is the entire question for agencies when it comes to producer recruiting. Well, maybe not. Here are the elongated versions of questions I field on this issue. Why is it so hard to find sales candidates? Why...
How COVID-19 Will Change Insurance Sales
Jun 15 2020 // An agent who is a client of mine asked me, “Do you really think any business owner is truly happy with their agent or insurance company today?” Good question. Having to tell the public over and over and over,...
What’s New Today in Producer Compensation?
Jun 15 2020 // What makes a good and motivating producer compensation model does not need to be rocket science. The key is to pay what the agency can afford to pay and for what the firm is providing the producers. Lastly, the plan needs...
Searchlight Capital Partners Completes Acquisition of UK Broker Global Risk Partners
Jun 12 2020 // Global Risk Partners Ltd., the London-based independent insurance intermediary, announced that global private investment firm Searchlight Capital Partners has completed its acquisition of a majority stake in the group,...
For Entertainment Insurance Specialists, Coronavirus Intermission Is Looking Long
Jun 12 2020 // The entertainment industry is prepping for its return to work after a near total shutdown from COVID-19. For the entertainment industry and the insurance brokers serving this sector, what that return to work will look is...
Cannabis Broker Spotlight: Worldwide’s Ives Sees Cannabis Time in Dog Years
Jun 11 2020 // Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips...
Do Auto Insureds Prefer Insurer Websites Over Agents? J.D. Power Thinks So.
Jun 11 2020 // Remember all the talk that digital transformation would disrupt the auto insurance industry? Well, it’s real, according to the consultants at J.D. Power. The firm says its 2020 U.S. Auto Insurance Study proves that...
Professional Insurance Agents of New Jersey Elects Radespiel President
Jun 11 2020 // Professional Insurance Agents of New Jersey (PIANJ) elected Steven C. Radespiel of Hillsdale, N.J., president at the association’s annual business meeting. Radespiel is president of Insurance Center of North Jersey...
HSB Launches Online Broker E-Trading Platform in Ireland
Jun 10 2020 // Specialist engineering and technology insurer HSB, part of Munich Re, has expanded its e-trade offering by launching HSB Fast Track, its broker online trading platform, in Ireland. The HSB Fast Track e-trade platform is...
Arthur J. Gallagher & Co. Acquires Australia’s CA Insurance Brokers
Jun 9 2020 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of CA Insurance Brokers in Australia. Terms of the transaction were not disclosed. Founded in 2002 by Andrew Howard, CA...
The Liberty Company Insurance Brokers in California Adds DePiero
Jun 5 2020 // The Liberty Company Insurance Brokers in Woodland Hills, Calif., has named Heather DePiero the associate director of business development. DePiero will be responsible for identifying and cultivating new risk advisor talent...
Ascend Insurance Brokerage in Dallas Joins Higginbotham
Jun 4 2020 // Dallas-based Ascend Insurance Brokerage, which specializes in the entertainment industry, has joined forces with Fort Worth-based Higginbotham. In business for 20 years, Ascend Insurance Brokerage specializes in commercial...
Insurers Prepare for Claims as East States See Property Damage from Civil Unrest
Jun 4 2020 // Scenes that played out over the past few days in several East region states are serving as a stark reminder for the insurance industry of civil unrest that took place in New York and other U.S. states more than 50 years...
UK Brokers Rely on Face-to-Face Meetings, Hampering Client Support During Lockdown
Jun 3 2020 // Brokers have been slow to adopt social media and digital technologies as a whole, which is hampering their ability to keep the clients satisfied during the lockdown, said GlobalData in a report. The entire industry will...
How Florida’s Strained Insurance Market is Facing COVID-19, Hurricane Season
Jun 3 2020 // From the threat of insurer ratings downgrades to mounting carrier losses because of excessive litigation to increasing insurance rates, Florida’s insurance market got off to a rocky start in 2020. Then came the...
Woosley Named Sr. VP, Broker Management & Sales Operations at QBE NA
Jun 3 2020 // QBE North America has appointed Thaddeus Woosley as senior vice president, Broker Management & Sales Operations. He is based in Chicago. Woosley most recently served as vice president, strategic advisor, Specialty...
Reliance Partners Promotes Cannon to VP of Freight Brokerage Division
Jun 2 2020 // Reliance Partners (Reliance), a privately-held commercial insurance agency for the transportation and logistics industry, has promoted Jamie Cannon to vice president of the 3PL division. Cannon will lead Reliance’s...
UK Broker SSL Endeavour Rebrands as Oneglobal Broking
Jun 1 2020 // The UK broker SSL Endeavour has rebranded as Oneglobal Broking. The business is led by Chairman Jonathan Palmer-Brown and Chief Executive Officer Mike Reynolds. The new business will bring local expertise and knowledge...
