Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Brokerslink Network Appoints Ghazaleh as Middle East Regional Manager
Oct 24 2019 // Global broking business Brokerslink announced the appointment of Osama Abu Ghazaleh as Middle East regional manager. The region now has a dedicated representative committed to promoting the growth and development of its...
Insurance Agency BRP Group’s IPO Starts Today at $14 a Share
Oct 24 2019 // Independent insurance distribution firm BRP Group Inc. could raise as much as $300 million in its initial public offering (IPO) of 16.4 million shares of its Class A common stock priced to the public at $14 per share. The...
Georgia County Ransomware Attack Highlights Cyber Exposures to Local Agencies
Oct 23 2019 // On the first Saturday in March, computer screens at the 911 dispatch center in this small town went dark. Staff at the county jail around the same time could no longer open cell doors remotely with electronic controls, and...
California Insurance Agent Arrested for Identity Theft And Forgery
Oct 22 2019 // Insurance agent Richard Valdriz, 52, has been charged with thirteen felony counts including identity theft, forgery, and grand theft after an investigation by the California Department of Insurance reportedly found that he...
B3i’s Blockchain Re/Insurance Network Begins to Offer Real-Life Industry Solutions
Oct 22 2019 // The author Douglas Adams once said, “We are stuck with technology when what we really want is just stuff that works.” Many of us can relate, especially with new technology such as distributed ledger technology...
Financial, Legal Advisors Scamming Elderly Has Become Big Business
Oct 21 2019 // Terry Ann McIntosh’s financial nightmare began four years ago, soon after she hired a caregiver through a family services website. McIntosh, then 75 and in a wheelchair, had assumed that the young woman who...
New Simple Insurance Policies That Take Care of All Your Needs
Oct 21 2019 // Insurance policies are difficult to read and understand. Another name for an insurance policy is a “legal contract.” An insurance policy is a specific kind of legal contract. Without training and experience,...
Female Entrepreneur Forging Path in Insurtech Space with AI-Powered Chatbot ‘LeO’
Oct 21 2019 // Like many people, entrepreneur and former Israeli tech journalist turned insurtech founder Liri Halperin never expected she would end up in the insurance business. But an insurance buying experience almost four years ago...
How Risk Management is Transforming Risk in Commercial Property
Oct 21 2019 // Commercial property underwriters are adjusting to a market defined by rising catastrophe losses and dwindling profits. From increasing rates and higher deductibles to fewer classes of business and stricter underwriting,...
Agent Silos: It’s Not Just a Problem for Carriers
Oct 21 2019 // Among carriers, the silo model in which departments operate independently and do not easily collaborate on common goals is well-documented. Among agents, however, no matter the size, silos can create problems and...
Insurtechs Discovering the Value of Agents
Oct 21 2019 // Insurtechs have been making headlines for several years with how they are changing the insurance business and the threat they pose to traditional insurance distribution. But as these fledgling insurance technology firms...
A Modern Economy Demands Modern Protection: Advancing Liability Coverage into the Digital Age is Imperative — and Long Overdue
Oct 21 2019 // Liability insurance as we know it no longer suits a large fraction of today’s and tomorrow’s small-business owners. Brokers and insurers are at a crossroads on how to serve small businesses’ changing...
Brokerslink Network Forms Agreement with Swiss Re Corporate Solutions
Oct 18 2019 // Brokerslink announced a strategic agreement for Swiss Re Corporate Solutions to develop a dedicated international insurance program management platform for the organization’s broker network. The new business...
London-Based MGA Castel Specialty Enters Construction and Engineering Market
Oct 17 2019 // Castel Specialty, the London-based division of club-style MGA formation platform Castel Underwriting Agencies Ltd., has entered the construction and engineering market, primarily focused on the UK, North America,...
EU-Based Britons Fuel Growth in Healthcare Insurance as Post-Brexit Fears Grow
Oct 17 2019 // Some Britons living in the Europe Union are worried about losing access to free healthcare after Brexit, opening up a potentially lucrative new market for European health insurers. “I am indebted to France for my...
Ryan Specialty Group Acquires Assets, Operations of Pennsylvania’s The Suitelife
Oct 16 2019 // Ryan Specialty Group LLC has acquired the assets and operations of The Suitelife, a program manager specializing in boutique hotels, premier and full service hotels, hotel management companies, condo hotels and resorts...
Private Flood Insurance Growth Could be Boon for Claims Professionals
Oct 16 2019 // A nudge into the market by carriers offering private flood insurance is becoming more of a shove, which might bring new opportunities for claims adjusters and maybe create a more efficient claims process along the way. An...
Atlanta-Based Prime Risk Partners Joins EPIC Insurance Brokers
Oct 16 2019 // Prime Risk Partners Inc. and EPIC Insurance Brokers & Consultants have entered into an agreement to join forces. Prime Risk Partners, headquartered in Atlanta, is a growing national firm of insurance professionals...
Insurance Broker Virtus Expands Private Equity Practice in Chicago
Oct 15 2019 // Insurance brokerage and consulting firm, Virtus, has expanded its Private Equity Practice with the addition of Mike Kesner, John Eichmann, Eric Banduch, Joey Eichmann and Angela Aiello in Chicago. Prior to joining Virtus,...
The Liberty Company Insurance Brokers Adds Armitage in California
Oct 15 2019 // The Liberty Company Insurance Brokers has hired Jim and Taylor Armitage to the Woodland Hills, Calif., office. Both were formerly with Arroyo Insurance. Jim Armitage was a founding member of the Arroyo Insurance group of...
