Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
AmWINS Gets Backing for Unicorn MGA from Berkshire Hathaway International
Mar 29 2016 // U.S.-based global insurance distributor AmWINS Group Inc. announced it has secured backing from AA+ rated Berkshire Hathaway International Insurance Ltd. for its London-based managing general agent (MGA), Unicorn...
Former U.S. Security Specialist’s MGA Ridge Global Tackling Cyber Risks
Mar 23 2016 // It may be surprising to some that a former governor and head of National Security started an insurance company focused on cyber risk, but Tom Ridge, president and CEO of Ridge Global says it shouldn’t...
Mark Walker Joins Breckenridge Insurance Services in Pivotal Leadership Role
Mar 7 2016 // Atlanta, GA, March 7, 2016 — Mark Walker has joined Breckenridge Insurance Services wholesale brokerage division to oversee the market development efforts as SVP, chief market officer and casualty practice leader. Walker...
Jewelers unBLOCKed Appointed MGA for Tokio Marine
Mar 2 2016 // Tokio Marine Management & Insurance Companies (TMM) and Jewelers unBLOCKed (JUB) have entered into an exclusive agreement to offer jewelers block insurance coverage in the United States. The program will provide a...
ANV Increases Lloyd’s Underwriting Capacity for M&A Cover
Mar 1 2016 // ANV Global Services Ltd., the managing general underwriter (MGU) segment of specialty insurance group ANV Holdings, announced an increase in its Lloyd’s underwriting capacity for mergers and acquisitions...
BB&T to Buy Swett & Crawford for $500M
Feb 24 2016 // Three months after it announced it would sell its North American operations, U.K.-based wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) has a buyer. North Carolina-based BB&T Corp. has agreed to...
UK’s MGAA Elects New Board Members Birrell and Manchester
Feb 24 2016 // The London-based Managing General Agents’ Association (MGAA) announced the election of new board members Mark Birrell, chief executive of Castel Underwriting, and Charles Manchester, chief executive of Manchester...
International Insurance Agency Services Names Boisvert as New CEO
Feb 19 2016 // International Insurance Agency (IIS), a Chicago, Ill.-based managing general underwriter, announced that Daniel G. Boisvert has been appointed as Chief Executive Officer. Boisvert is a seasoned veteran with 25 years of...
P/C Retail, Wholesale Agency 2015 M&A Highlights by Region, State
Feb 10 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since brokers are enjoying their best...
CFC Underwriting, London-Based MGA, Expands Transaction Liability Team
Feb 8 2016 // London-based CFC Underwriting has added two new underwriters to its growing transaction liability team. This follows last year’s appointment of Matthew Giddings to drive the development of a new line of business for...
P/C Retail, Wholesale Agency M&A Activity Brisk in 2015
Feb 8 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since many brokers have continued to enjoy...
Aspen MGA to Acquire Midlands Management’s Texas Personal Auto Book
Feb 5 2016 // Aspen Managing General Agency (MGA) and Midlands Management of Texas announced that Aspen MGA has acquired the renewal rights of the Texas personal auto business currently managed by Midlands Management. Richard Bird,...
Hyperion Announces Permanent Appointment of Bains as CEO of MGA DUAL
Feb 4 2016 // London-based Hyperion Insurance Group, an international insurance intermediary, has confirmed the permanent appointment of Talbir Bains as chief executive officer of DUAL Group, an MGA and Hyperion’s international...
Aspen MGA Entering Texas Private Passenger Auto Market
Feb 2 2016 // Aspen Managing General Agency (MGA) announced it is entering the Texas private passenger auto market on March 1, 2016, led by industry veteran Paul Harrison. Aspen MGA is a division of Allstar Financial Group, an...
Ryan Direct Agrees to Acquire Northern Ireland MGA, Midas Underwriting
Jan 8 2016 // Ryan Direct Group (RDG), the insurance services business and part of Chicago-based Ryan Specialty Group (RSG), has entered into agreement to acquire Northern Ireland-based MGA Midas Underwriting, subject to regulatory...
Specialty MGA Nexus Underwriting Acquires Millstream
Dec 17 2015 // Specialty MGA, Nexus Underwriting Management Limited, announced that it has acquired City of London based Millstream Underwriting Limited, an independent managing general agency specializing in travel personal accident and...
2015- Modernization in the Non-Admitted Market
Dec 9 2015 // Dallas, TX, December 9, 2015- 2015 has been a big year for mergers and acquisitions in our industry. You read consolidation news everyday…Willis to buy Towers Watson…Confie acquires another broker…Gen...
U.K. MGAs Seek Greater Role in Claims Process: MGAA Matters Survey
Nov 23 2015 // Managing general agents are keen to be more involved in the claims process because they view claims as a core competence with an intrinsic link to underwriting, according to the latest MGAA Matters Survey.* The fourth...
MarketScout Launches Professional Liability Practice, Hires McCormick to Lead
Nov 23 2015 // MarketScout, the national electronic insurance exchange and specialty managing general agency (MGA) headquartered in Dallas, has formed a national professional liability practice with the addition of insurance industry...
Ryan Specialty Acquires UK’s Hunter George & Partners, M&A Specialist MGA
Nov 16 2015 // Ryan Specialty Group (RSG), the Chicago-based global specialty insurance services business, has reached an agreement to acquire Hunter George & Partners Ltd., the London-based specialist managing general agent (MGA)...
