Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Texas Insurance Wholesalers Wary of Retail Agent Association MGA
Feb 9 2015 // In mid-November 2014, Texas’ largest association of independent retail insurance agents took the unprecedented step of acquiring a managing general agency as a way of providing its members greater access to...
Cooper Gay Swett & Crawford Launch MGA for Lumber, Building Materials Market
Jan 27 2015 // Cooper Gay Swett & Crawford (CGSC) Group North America has launched The Insurance Center for Building Materials (ICBM), a new managing general agency addressing the risks associated with lumber and secondary forest...
Kaufman Financial Acquires Canadian MGA Avec Insurance Managers
Jan 13 2015 // Burns & Wilcox Canada, a subsidiary of Kaufman Financial Group, announced it has acquired Avec Insurance Managers, a Toronto-based managing general agent with expertise in marine, inland marine and other specialty...
Insurance Wholesaler Russell Bond Adds Finkelstein in Chicago
Jan 9 2015 // David R. Finkelstein has joined insurance wholesaler, Russell Bond & Co., as vice president of distribution and programs. Based in the Chicago area, Finkelstein will be responsible for management and expansion the...
Education a Priority for Outgoing IIAT Executive Director
Dec 16 2014 // Texas’ and the nation’s largest state level independent insurance agents’ association is about to lose its long-time executive director, but David VanDelinder plans to continue working with agents and...
Education a Priority for Outgoing IIAT Executive Director
Dec 15 2014 // Texas’ and the nation’s largest state level independent insurance agents’ association is about to lose its long-time executive director, but David VanDelinder plans to continue working with agents and...
Hub International Acquires Canada-Based MGA Partners
Dec 4 2014 // Hub International Limited, a global insurance brokerage, announced that its subsidiary Hub Financial Inc. has acquired the shares of MGA Partners Inc., an Ontario Canada-based managing general agency. Terms of the...
UK-Based MGAA Exceeds 100 Members With Century Underwriting
Dec 2 2014 // The Managing General Agents’ Association (MGAA), the UK-based organization dedicated to representing true MGAs, has exceeded the 100 member mark following the addition of commercial lines specialist Century...
World’s Top 15 Commercial Lines Brokers Write 43% of Business: Finaccord
Dec 1 2014 // The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord. The same report says that the...
Texas Agent Group Acquires LevelFirst, Forms IIAT Services MGA
Dec 1 2014 // The Independent Insurance Agents of Texas (IIAT) announced it is continuing its tradition of providing insurance markets for small independent agencies with the acquisition of Dallas-based managing general agency...
Texas Agent Group Acquires LevelFirst, Forms IIAT Services MGA
Nov 13 2014 // The Independent Insurance Agents of Texas (IIAT) announced it is continuing its tradition of providing insurance markets for small independent agencies with the acquisition of Dallas-based managing general agency...
RSG Hires Peeters to Head New London MGA
Nov 13 2014 // Ryan Specialty Group (RSG), the global specialty insurance services business based in Chicago, has announced the appointment of Mark Peeters as CEO of a new London-based managing general agent (MGA) specializing in...
World’s Top 15 Commercial Lines Brokers Write 43% of Business: Finaccord
Nov 12 2014 // The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord. The same report says that the...
Ryan Specialty Hires McKenna in London for MGA Strategy
Oct 28 2014 // Ryan Specialty Group (RSG), the specialty insurance services business based in Chicago, has hired Peter McKenna in a new senior role to oversee the development of the company MGA strategy in the UK market. McKenna, who...
Atlantic Specialty Lines Hires 32-year Insurance Industry Veteran, Suzy Popplewell-Baird
Oct 16 2014 // Houston, TX, October 16, 2014– Atlantic Specialty Lines (ASL), a wholesale broker and specialty lines MGA offering a variety of property, casualty, auto, professional, and personal lines coverages, is announcing a...
Advisen’s Ruggieri Replaces Hooper as North America CEO for Cooper Gay Swett Crawford
Sep 15 2014 // Global wholesale and reinsurance broker Cooper, Gay, Swett & Crawford said that Thomas P. Ruggieri will join the company as chief executive officer and president of the North American operations effective Oct....
Private Equity Firm HGGC Buys Into Florida Non-Standard Auto MGA Pearl Holding
Sep 8 2014 // HGGC, a middle market private equity firm, said it has completed a majority investment in Pearl Holding Group, a managing general agent (MGA) focused on the non-standard auto insurance market in Florida. As part of the...
Coverholders Playing Greater Role in Lloyd’s Global Expansion
Sep 8 2014 // Lloyd’s of London began and remains a specialized market (not an insurance company). It accepts risks that are too large, or too complex, or both, that do not lend themselves to coverage through more “normal...
Munich Re Joins Broker Steadfast to Acquire Australia’s Calliden Insurance Operations
Aug 28 2014 // Munich Re’s primary insurance subsidiary Great Lakes Australia (GLA) has reached an agreement to support Australia’s largest broker network, Steadfast Group in their proposed acquisition of Calliden Group...
UK MGAA Membership Hits $5.6 Billion Premium Mark
Jul 25 2014 // MGA membership in the UK’s Managing General Agents’ Association (MGAA) now represents over £3.3 billion [$5.6 billion] of Gross Written Premium (GWP). Jonathan Evans MP, chairman of The All Party Parliamentary...
