Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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Oct 15 2018 // Wholesale insurance services firm, Midlands Management Corp., headquartered in Oklahoma City, appointed Mark Sullivan as leader of its Transportation team. He is based in Dallas. Sullivan joined Midlands in 2010 as an...
Cincinnati Financial to Acquire London Specialty Underwriter from Munich Re
Oct 12 2018 // In a bid to diversify its earnings and expand its markets beyond the U.S., Cincinnati Financial Corp. has agreed to acquire MSP Underwriting Limited, a London-based global specialty underwriter and subsidiary of Munich...
Berlin Insurtech Startup Simplesurance Sets Sights on U.S. for Future Expansion
Oct 12 2018 // Simplesurance founder and CEO Robin von Hein sat down last year with Insurance Journal’s sister publication, Carrier Management, to discuss the company’s strategy. Based on the edge of Berlin’s trendy...
Canadian Broker Network Appoints Kemp, Co-President of CapriCMW, as Chairman
Oct 12 2018 // Canadian Broker Network(CBN), the Toronto-based network of independent insurance brokers, has appointed Andrew Kemp, co-president, CapriCMW Insurance Services Ltd., as the next CBN chairman. He succeeds Mike Robinson,...
Insurance Agency M&A Activity Continues at ‘Impressive’ Level: OPTIS
Oct 12 2018 // There were 463 announced insurance agency mergers and acquisitions during the first three quarters of the year, the second-highest nine-month total. According to OPTIS Partners’ M&A database, the total trails...
Willis Towers Watson Names Kinzer Head of Construction Brokerage
Oct 12 2018 // Insurance broker and advisor Willis Towers Watson has named Kelly Kinzer as head of Construction Broking in its Corporate Risk and Broking segment. Kinzer, a 15-year industry veteran, joined Willis Towers Watson in 2015...
Nguyen Promoted to Personal Lines Manager at Texas All Risk, Select General Agencies
Oct 11 2018 // Dallas-based Texas All Risk General Agency Inc. and Select General Agency LLC have promoted Binh Nguyen to personal lines manager. Nguyen will oversee underwriting and customer service for Texas All Risk homeowner’s...
AGCS Taps Brewer from AIG, Promotes Tiplady, for UK Broker Relationship Team
Oct 11 2018 // Allianz Global Corporate & Specialty SE (AGCS), Allianz Group’s specialist carrier for corporate insurance business, announced the appointments of Lee Brewer as senior broker relationship manager and Harriet...
Brokerslink Expands in Africa with Addition of 8 Independent Brokers
Oct 11 2018 // Brokerslink announced the expansion of its global broker network, which includes eight independent brokers from Africa, a brokerage in Indonesia, two specialist wholesale brokers and two companies that focus on risk and...
Muldowney Named President of Independent Insurance Agents of Illinois
Oct 8 2018 // Patrick Muldowney has been elected president of the Independent Insurance Agents of Illinois. The Chicago-based Muldowney will be responsible for the general leadership functions of the organization. He will also serve as...
Lending Tree to Buy Online Insurance Service QuoteWizard for $370M
Oct 5 2018 // Online financial services marketplace LendingTree Inc. said it has agreed to acquire QuoteWizard.com, one of the largest online insurance comparison marketplaces. Since its founding in 2006, QuoteWizard has helped nearly...
AFL Insurance Brokers Appoints Moretti from JLT as Director of Casualty
Oct 5 2018 // Independent Lloyd’s broker AFL Insurance Brokers Ltd. (AFL) has appointed of Julia Moretti as director – casualty, effective September 2018. Moretti joins the AFL team from JLT Reinsurance Brokers Ltd., where she...
Digital Broker Kelly Klee Launches Online Coverage Plan for Private Clients
Oct 4 2018 // Kelly Klee, Inc., a digital insurance broker in the high net worth space, has released a customizable online coverage plan for private client insurance. The new Kelly Klee online coverage plan allows consumers to see...
Canada MGA Totten Insurance Buys Lloyd’s Coverholder Anderson McTague
Oct 3 2018 // Totten Insurance Group Inc., a Toronto-based managing general agency, announced it has acquired Anderson McTague & Associates Ltd. Terms of the transaction were not disclosed. Headquartered in Saint John, New...
Insurtech Jumpstart Rolls out Parametric Earthquake Product for Californians
Oct 2 2018 // A firm that wants to make a name for itself as the first parametric insurtech in the U.S. for earthquakes has officially launched in California, over a year after its anticipated original launch date. Jumpstart Insurance...
Report: Social Media Caused Confusion in Wisconsin Refinery Blast Evacuation
Oct 2 2018 // Social media caused confusion during evacuation efforts following a refinery explosion and fire in Wisconsin, according to a report. Douglas County has created an 18-page report examining the emergency response to the...
How New Business Is Creating a New Wholesaler-Retailer Relationship
Oct 2 2018 // An influx of new business is presenting surplus lines wholesalers and their retail partners with new opportunities to work together even as other forces are changing how they work together. The surplus lines insurance...
The Professional Insurance Agents of New Hampshire Elects Officers
Oct 1 2018 // The Professional Insurance Agents of New Hampshire Inc. (PIANH) has announced its officers for 2018-2019 at its annual meeting during the PIANH Symposium18, held at the 100 Club in Portsmouth, N.H. Lyle W. Fulkerson of...
Hiring Stereotypes That Hurt Insurance Agencies
Oct 1 2018 // Agency Hiring Stereotypes: True or False Agencies don’t downsize their best account managers. False: Here’s a great example of what can happen in the industry. I worked with a commercial account manager who...
7 Red Flags to Spot Fraudulent Business Interruption Claims
Oct 1 2018 // Insurance is the safety net that protects individuals and companies in case of damage, theft, injury, illness or loss. Fire, floods, earthquakes, tornadoes and freak accidents can quickly decimate a thriving business. When...
