Latest Independent Agencies Headlines
All the headlines from our Independent Agencies Topic Page, ordered by recency.
Nationwide’s Transition to Independent Agency Insurance Company Complete
Jun 30 2020 // Nationwide says the process of transitioning the company to operate as an independent insurance agency carrier is complete, effective July 1. For the past 18 months, the Columbus, Ohio-based insurer has been working on the...
TexCap’s Brown Named Chair-Elect of Texas Independent Insurance Agents Group
Jun 26 2020 // The Independent Insurance Agents of Texas (IIAT) has installed Gaylon Brown of TexCap Insurance in Dallas as the group’s chair-elect for 2020-2021. Brown was named to the post during IIAT’s annual business...
Nitsche Named Chair of Independent Insurance Agents of Texas’ Board
Jun 19 2020 // Robert Nitsche, CEO of the Giddings, Texas-based independent insurance agency The Nitsche Group, has been appointed chair of the board of directors for the 2020-2021 year by the Independent Insurance Agents of Texas...
SIAA Reports Strong First Quarter and Anticipates Continued Growth
May 13 2020 // Hampton, NH, May 13, 2020: SIAA (Strategic Insurance Agency Alliance, Inc.), the largest independent insurance alliance in the United States, reported strong growth in the first quarter of 2020, signing new members at a...
In a Time of Uncertainty, We Remain Certain of Independent Agents
Apr 29 2020 // Seattle, WA, April 29, 2020 In this open letter to the independent agent channel, Liberty Mutual Small Commercial and Safeco President Tyler Asher outlines how carriers and agents are navigating this turbulent time...
Turning 50, Invest High School Program Eyes Apprenticeships for Independent Agencies
Apr 20 2020 // A new apprenticeship program aimed at attracting and developing talent in the independent agency system is being rolled out by an insurance education organization that celebrates its 50th anniversary this year. Invest, the...
As Cyber Risks Grow, So Does the Need for Small Business Coverage
Apr 20 2020 // With cyberattacks on the rise and many small businesses unaware of the dangers, independent insurance agents are in a good position to educate clients about their risks, recommend preventative measures, and provide...
Progressive Gives $2M to Big ‘I’ Fund to Aid Agencies Affected by Coronavirus Crisis
Apr 16 2020 // Progressive Insurance has donated $2 million to establish the Trusted Choice COVID-19 Relief Fund in response to the economic and operational challenges the coronavirus crisis has presented to independent agencies. The...
Marsh & McLennan Acquires Illinois Independent Agency, Assurance
Apr 1 2020 // Marsh subsidiary Marsh & McLennan Agency LLC (MMA) has acquired Schaumburg, Illinois-based Assurance Holdings Inc. Terms of the acquisition were not disclosed. Founded in 1961, Assurance is a full-service brokerage...
Turning 50, Invest High School Program Eyes Apprenticeships for Independent Agencies
Mar 19 2020 // Powered by InsuranceJournal.tv A new apprenticeship program aimed at attracting and developing talent in the independent agency system is being rolled out by an insurance education organization that celebrates its 50th...
Agency M&As: Private Equity Still in Driver’s Seat; Digital Agencies Attract Attention
Mar 2 2020 // The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory in 2019. As many as two-thirds of all deals involved private equity, according to experts. Most...
Insurtech: It’s not Just for Carriers Anymore
Feb 28 2020 // Until recently, insurtech not only was perceived as a competitive threat to independent agents, there was little startup activity dedicated to tackling the operational needs of insurance agents and brokers. That’s...
Renaissance Alliance Insurance Services Adds 3 Agencies to Florida Network
Feb 19 2020 // Renaissance Alliance Insurance Services, a nationwide membership alliance for independent insurance agencies, has added three independent insurance agencies to its Florida network. The new members include: Bellken...
Private Equity Still Driving Agency M&As
Feb 10 2020 // Digital Buys Getting Some Attention; Buyers Getting Bigger; Prices Going Higher; Eyes on Digital The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory...
Why Traditional Independent Agents, Carriers Need to Partner and Align Now More Than Ever
Jan 27 2020 // Agencies and carriers need to align now more than ever. I will add a condition to this statement: Quality independent agencies and quality carriers need to align now more than ever if they are to thrive. Unfortunately, I...
Wolf Promoted to President of Big I Advantage, Replacing Departing Buse
Jan 21 2020 // Mark Steven Wolf is the new leader of Big I Advantage, replacing Paul Buse who is moving on after more than 21 years with the company. Wolf is now president of Big I Advantage, IIAA Agency Administrative Services, IIAA...
Industry Trends to Exploit for 2020
Jan 13 2020 // The insurance industry is so intertwined into the economy and society, that just about any noticeable change in either will have some impact for the insurance industry. That is why it is imperative for agency owners to...
Fastcomp Creates ‘Workers’ Comp Insurance Exchange’ for Independent Agents
Jan 10 2020 // Fastcomp, a workers’ compensation technology platform based in Boston Heights, Ohio, has introduced a proprietary Multiple Quote Automation engine for monoline workers’ comp with independent agents in mind. The...
Big I Education Director Boggs Takes on Expanded Role in Risk Management
Jan 8 2020 // Chris Boggs, executive director of education for the Independent Insurance Agents and Brokers of America (Big I), is adding risk management to his title and responsibilities. Boggs’s new role combines his current...
Ohio Agents Honor Berg of Big ‘I’ with Industry Citation Award
Dec 24 2019 // Ohio Insurance Agents Association (OIA) has presented Independent Insurance Agents & Brokers of America’s Ron Berg with its Industry Citation Award. Berg has served as executive director of the Big...
