Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
American Wholesale Insurance Group Adds Pritchard to Financial Risk Specialist Team
Mar 10 2005 // American Wholesale Insurance Group (AmWINS) has hired veteran Andrew Pritchard to lead the efforts of AmWINS’ Financial Risk Specialist Team (FIRST) in pioneering innovative insurance solutions for the global Asset...
Kings & Pawns: Excess Brokers’ Moves and Mergers
Feb 21 2005 // The emergence of large national and regional firms and the creation of networks of brokers as industry kings are transforming the nation’s wholesale insurance marketplace but experts maintain that independent...
AmWINS to Acquire Willis’ Stewart Smith Group
Feb 15 2005 // Willis Group Holdings and American Wholesale Insurance Group Inc. announced that AmWINS will acquire Stewart Smith Group, Willis’ U.S. wholesale unit. Terms of the transaction were not disclosed. It is expected to...
Crouse and Associates Chooses Custom Insurance Solutions as Management System Provider
Jan 31 2005 // Texas-based Custom Insurance Solutions (CIS) has been chosen by Crouse and Associates as their MGA / wholesale management system provider. Crouse and Associates, the largest independently owned wholesale brokerage firm in...
First Acceptance Corp. Acquires Texas Agency
Jan 26 2005 // First Acceptance Corporation, a provider of non-standard personal automobile insurance, announced it has acquired the assets of San Marcos, Texas-based HCS Claims Service Inc. dba Heritage Claims Services Inc., and LGNP...
AssuranceAmerica Gains Regulator Approval for Alabama
Jan 7 2005 // AssuranceAmerica Corp., an Atlanta-based insurance company with operations in Georgia, Florida and South Carolina has received approval from the Alabama Department of Insurance to commence insurance operations in that...
Partners Continue to Come and Go, But It’s a Great Time to Jump in the Game
Dec 6 2004 // Partners Continue to Come and Go, But It’s a Great Time to Jump in the Game Program business over the past 10-15 years has been a rocky road for the insurance industry. Companies are in the game today, but gone...
AAMGA Offers Feedback on Proposed Broker Disclosure Amendment to Producer Licensing Model Act
Dec 3 2004 // The National Association of Insurance Commissioners (NAIC) recently issued a draft Proposed Broker Discloser Amendment to the Producer Licensing Model Act, and requested industry and public comment before commencing...
HRH Purchases Vt.’s Smith Bell Thompson
Nov 19 2004 // Hilb Rogal & Hobbs Company (NYSE:HRH ), the eighth largest insurance and risk management intermediary, has signed a definitive agreement to acquire the stock of Smith, Bell & Thompson, Inc., a Vermont-based...
AmWINS Launches Management Liability Unit
Nov 1 2004 // American Wholesale Insurance Group (AmWINS), the Charlotte, N.C.-based independent wholesale insurance broker, has formed a new specialty team to focus exclusively on management and professional liability products. Called...
Professional Liability: Will the Cycle Remain Unbroken’
Oct 25 2004 // Some say it’s over—the hard market, that is. Certainly in some areas of professional liability this is true. Many renewal premiums in 2004 are flat, or are even dropping by 10 percent or more. Not withstanding the...
AAMGA University Aims Fundamentals Class at Newbies
Sep 6 2004 // Something different was definitely in the air at a seminar put on by the American Association of Managing General Agents (AAMGA) last June. As the group of MGAs and wholesale brokers settled in for the introductory dinner...
New Texas Broker/MGA Targets Contracting, Equipment
Jul 20 2004 // A.D. Carlton Insurance is a new specialty wholesale broker and MGA located in Irving, Texas, formed to assist agents in placing crane accounts, equipment rental/distribution companies, steel erection, millwright and a...
IMMS Launches Online Market Service
Jul 12 2004 // Insurance Marketing & Management Services (IMMS) has announced the launch of IMMSmarkets.com, an online service that allows retail insurance agencies to submit their markets needs, free of charge, to a network of...
Another Soft Market Creates a Hard Reality
Jul 5 2004 // Like a commercial airline scrambling to squeeze out a profit in the face of increased competition and skyrocketing fuel prices, many insurance agents find themselves caught in the downward spiral of another soft market...
Strategic Advisory Boards Can Help Handle the Unexpected
Jun 21 2004 // As the producer of an insurance agency or brokerage, your business means everything to you. Years of hard work have finally paid off to ownership of your agency—but are you prepared to deal with the unexpected challenges...
CIS Enters Into Deal with FinancePro
May 21 2004 // Custom Insurance Solutions (CIS)has entered into a marketing and product integration agreement with FinancePro (FP), a developer of web-based premium finance software. Under the terms of the contract, CIS will retain...
Business Made Easy Integrated Technology Solutions Key to Success
May 17 2004 // Just what are independent agents looking for when it comes to technology? That was the question posed to a number of industry experts who all seemed in agreement—in order to compete in today’s workplace...
Rounds and Rounds We Go
May 17 2004 // It was a weekend in early 2002 and Pierre, S.D.-based agent Michael Rounds was having trouble sleeping. He tossed and turned and started to feel sick to his stomach. All the bed-hopping was making it tough for...
The Market Will Always Be ‘The Market’
May 17 2004 // Our “market” is still essentially no different than what it was a century ago. We are still in the business of protecting the assets of our insureds while generating a profit. For as long as I have been in the...
