Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Aviation Broker Piiq Risk Partners Receives License to Operate in France
Jul 20 2020 // Piiq Risk Partners, the global aerospace re/insurance broker, announces that it has received regulatory approval to operate in France. Piiq’s French operation will act as a base for expanding its services across the...
The Value of Agency Data and Who Owns It
Jul 20 2020 // Independent agencies, like every other business, are living in a data-driven world. The value of data — including how and when it’s used and for what purpose — continues to evolve. As the value of data to...
Are You Really Interested in Learning to Do Your Job Better?
Jul 20 2020 // One of my favorite books and movies is The Milagro Beanfield War. It takes place in the ’70s in a small, poverty stricken, dirt street northern New Mexico village. It’s close to a third world village, and into...
Starkweather & Shepley Insurance Brokerage Acquires Newport Insurance Agency
Jul 17 2020 // Starkweather & Shepley Insurance Brokerage Inc. (S&S) has acquired Newport Insurance Agency Inc. (NIA). Located in Middletown, R.I., with 13 associates on staff, Newport Insurance is an independent agency serving...
AHT Insurance Acquires Mason & Mason Insurance
Jul 16 2020 // AHT Insurance has acquired Mason & Mason Insurance. Mason’s offices in Whitman, Mass., located near Boston, and North Conway, N.H., will become AHT’s eighth and ninth locations nationally. Mason’s...
Insurance Agency and Brokerage M&A Trends to Watch Amid the COVID-19 Pandemic
Jul 16 2020 // The COVID-19 pandemic has created challenges for many businesses across the globe, including the insurance industry. But so far, the insurance broker merger and acquisition (M&A) market has remained active even as the...
P/C Insurance Agency M&A Deals Down 12% in First Half of 2020: Optis
Jul 15 2020 // There were 288 announced insurance agency mergers and acquisitions during the first half of 2020, down from 328 in 2019, according to a report from OPTIS Partners. It was the lowest six-month period total since...
iGUARANTEE™ Launches New Bail Bonds Software Platform
Jul 15 2020 // Burlington, NC, July 15, 2020 – Built on the backbone of 20 years combined programming experience, 13 years of Surety Bonding knowledge, 30 years of Sales and Marketing expertise, and more than 15 years of UX / UI...
The Liberty Company Insurance Brokers Adds Kramer in Atlanta
Jul 15 2020 // The Liberty Company Insurance Brokers has hired William Kramer to the firm’s Employee Benefits Division. Larry Kramer Kramer has been in the insurance industry for over 20 years working on both the retail and carrier...
Iowa’s First Mainstreet Insurance Acquires 3 New Agencies
Jul 14 2020 // Cedar Rapids, Iowa-based First MainStreet Insurance (FMSI), a TrueNorth affiliate, has added three new firms to its family of insurance agencies — two in Iowa and one in Tennessee. FMSI acquired Sisson and Associates of...
Insurity Acquires Virtual MGA in Texas
Jul 13 2020 // Insurity Inc., a provider of cloud-based core system solutions and data analytics for insurers, brokers, and MGAs, has completed the acquisition of Austin, Texas-based Virtual MGA. The deal, which closely follows the June...
German Officials Seize Server With U.S. Police Files Stolen in Data Breach
Jul 10 2020 // At the behest of the U.S. government, German authorities have seized a computer server that hosted a huge cache of files from scores of U.S. federal, state and local law enforcement agencies obtained in a Houston data...
The Liberty Company Insurance Brokers Partners with The Browning Agency of Florida
Jul 10 2020 // The Liberty Company Insurance Brokers has partnered with The Browning Agency of Ponte Vedra, Fla. Established in 1989 by Jim Browning, The Browning Agency is a full-service brokerage and consulting firm specializing in...
Coronavirus Crisis Heightens Insurers’ Caution About Senior Care Market
Jul 10 2020 // The coronavirus pandemic has made it even harder for senior-care centers in the United States to find or afford standard liability insurance, with rates soaring by as much as 300%, insurance brokers said. Residential care...
Bridges Elected Vice Chair of Independent Insurance Agents of Texas
Jul 9 2020 // The Independent Insurance Agents of Texas (IIAT) elected Mark Bridges of INSURICA in Amarillo to serve as vice chair for 2020-2021. Bridges was elected to the post during IIAT’s annual business meeting on June 10,...
Iowa’s BrokerTech Ventures Gains 4 New Carrier, Wholesale Partners
Jul 9 2020 // BrokerTech Ventures, an insurance broker-led platform and accelerator program based in Des Moines, Iowa, has added four super-regional and national insurance firms as partners: The Cincinnati Insurance Companies,...
Profile: MGA Nexus Group Sets Sights on U.S. Growth, Even During COVID-19 Crisis
Jul 9 2020 // Nexus Group, the UK-based managing general agent, is looking to the U.S. for growth opportunities, despite the raging COVID-19 crisis. “With the political landscape and Brexit, it was an obvious choice for us to...
Kristopher Parsons Joins Breckenridge Insurance Services to Grow Aviation Business
Jul 9 2020 // Atlanta, GA, July 9, 2020 — Breckenridge Insurance Services is pleased to welcome Kristopher Parsons to the wholesale brokerage and binding firm. Parsons joins the organization as a senior vice president, senior broker...
Patriot Growth Insurance Services Adds 2 Florida Agencies
Jul 9 2020 // Patriot Growth Insurance Services, LLC, a nationwide insurance agency, has added two Florida-based independent agencies, Arison Insurance Services, and Ference Insurance (FIA), to the Patriot platform. Arison and FIA each...
Coronavirus Business Interruption Claimants Lay Out Federal Plan to Reimburse Insurers
Jul 9 2020 // A U.S. lawmaker has introduced a bill that would allow insurers to voluntarily pay certain COVID-related business interruption claims and get reimbursed by the federal government, but insurance groups have rejected the...
