Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Arthur J. Gallagher Buys Minority Stake in India’s Edelweiss Insurance Brokers
May 21 2019 // Arthur J. Gallagher & Co. announced it has purchased a minority stake in Edelweiss Insurance Brokers Ltd. (EIBL), a wholly owned subsidiary of Edelweiss Group, the Indian diversified financial services...
Protecting Your Agency and Educating Your Clients On Cybersecurity
May 20 2019 // It’s no secret that having the right technology is critical to being a successful independent agent. But as independent agents embrace technology, they must also be aware of the risks for cyberattacks and know how to...
Connecting the Dots in Agency Technology
May 20 2019 // To say the agency technology space is robust is an understatement. Right now, the industry is seeing an “onslaught of technology available to enable agents and brokers to better manage, not only their business, but...
Why Agencies Should Ramp Up Value-Added Services
May 20 2019 // Let’s face it, insurance is a commodity. The insurance consumer will not see any significant value difference between insurance companies and insurance agencies. Products, price and service are roughly the...
Cyber Confusion: What’s Needed to Create a Sustainable Cyber Market
May 20 2019 // There has been plenty of talk about how cyber continues to evolve in an ever-changing technology landscape, how cyber risks have become increasingly sophisticated and how the insurance industry needs to keep...
People
May 20 2019 // National Allianz Global Corporate & Specialty (AGCS) announced that Baptiste Ossena, global product leader of Hull and Marine Liabilities (HML), is assuming additional responsibility as the North American regional head...
Why Agent Response Time Is More Critical Than Ever
May 20 2019 // Two years ago, I wrote a column on “speed-to-value,” in which the time agents took to respond to and resolve inquiries/requests from policyholders and prospects had become an important factor in customer...
California Agent Allegedly Steals $65K from Small Business Owners
May 16 2019 // California Insurance agent Francis Okyere, 67, self-surrendered this week at the Los Angeles County Superior Court after being charged with four felony counts of grand theft. The charges arose from an investigation by the...
Renaissance Alliance Insurance Services Expands to Florida
May 16 2019 // Renaissance Alliance Insurance Services, a membership alliance for independent insurance agencies, has expanded into Florida and has added two Miami agencies to the group, as well as made two senior appointments in the...
SLTX Adds Purchasing Group Flag Function to Electronic Filing System
May 15 2019 // A new feature allowing agents and brokers to indicate whether or not an insured is a purchasing group is now available within the SLTX Electronic Filing System (EFS), the Surplus Lines Stamping Office of Texas reported. A...
Driggers to Lead J.M. Wilson Florida Branch
May 15 2019 // J.M. Wilson has added Keith Driggers as branch manager of its newly renamed Hollywood, Fla., office. Located at 5555 Hollywood Blvd, Ste. 200, the former “Enright & Wilson” office became an official J.M....
Vacant Property Program Webinar to be Held Wednesday, May 15
May 14 2019 // Atlanta, GA, May 14, 2019 — Jared Mathis, executive vice president and head of the Blue River Underwriters’ specialty property program group will be presenting an informational webinar on vacant property insurance...
Schmidt Named Director, Business Development at Illinois’ Associated Agencies
May 14 2019 // Associated Agencies Inc. in Rolling Meadows, Illinois, has hired Jim Schmidt as director of business development. Most recently, Schmidt worked as commercial lines manager for USI Insurance Services since 2016. There, he...
Arthur J. Gallagher Buys Swiss Broker Verbag Versicherungsberatungs
May 13 2019 // Rolling Meadows, Ill.-based Arthur J. Gallagher & Co. announced the acquisition of Swiss insurance broker Verbag Versicherungsberatungs AG. Terms of the transaction were not disclosed. Based in Zug, Switzerland, Verbag...
Florida Passes ‘Catch All’ Insurance Bill Impacting Surplus Lines, Catastrophe Fund
May 13 2019 // A Florida bill that the insurance industry says will help modernize the state’s surplus lines system, as well as impact property insurer contracts under the Florida Hurricane Catastrophe Fund and reduce “bad...
Unlicensed Insurance Agent in California Gets Jail Time for Theft
May 13 2019 // An unlicensed insurance agent in California has been sentenced in Fresno County Superior Court to 95 days in jail and five years of probation after pleading no contest to grand theft, the state insurance department...
AFL Insurance Brokers Promotes Bines as UK CEO
May 10 2019 // Independent Lloyd’s broker AFL Insurance Brokers Ltd. announced the appointment of Jonathan Bines as CEO of AFL UK, effective June 1, 2019. His appointment is part of the company’s strategic plan to gear up for...
Shootout with California Insurance Department Yet Another Headache for the NRA
May 10 2019 // Controversy has swirled around the National Rifle Association of late. Infighting that led to the ouster of Oliver North as the group’s president, its tenuous financial landscape and an investigation launched by the...
Hub International Acquires Saskatchewan-Based Kelliher Agencies
May 9 2019 // Hub International Ltd., the Chicago-based global insurance broker, announced it has acquired the assets of Kelliher Agencies, headquartered in Kelliher, Saskatchewan, Canada. Terms of the transaction were not...
Starr Adds SkyWatch Drone Insurance to Broker Platform
May 9 2019 // Starr Insurance Companies and SkyWatch Ltd. have expanded the SkyWatch.AI drone insurance program to allow drone operators to purchase insurance from Starr through a SkyWatch.AI link, which will be available on select...
