Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Kaufman Financial Acquires London’s Chesterfield Group, Texas MGA
Jan 27 2012 // The H.W. Kaufman Financial Group, parent company of wholesale broker and underwriting manager Burns & Wilcox, has purchased Chesterfield Group Ltd., a London-based insurance broker and underwriting organization with...
R-T Specialty Acquires Texas Insurance Wholesaler Maclean, Oddy & Associates
Jan 12 2012 // R-T Specialty LLC, the wholesale broker of Ryan Specialty Group LLC, has acquired Texas-based insurance wholesale firm Maclean, Oddy & Associates Inc. (MOA). MOA is a specialist broker for unusual property and casualty...
People
Jan 9 2012 // Southwestern Insurance Information Service elected Lyndell Haigood, regional vice president of State Auto Insurance, as chairman of the board; David Lacefield, executive vice president, National Lloyds Insurance, as vice...
How to Reduce the Risk When Buying Agency E&O Coverage
Dec 5 2011 // Agents shopping for errors and omissions coverage should compare the details of the policies because not all E&O policies are the same, according to experts in this market. As Scott Goodreau, chief risk officer for...
Arthur J. Gallagher & Co. Acquires Washington MGA Mutual Insurance Services
Nov 14 2011 // Arthur J. Gallagher & Co. on Monday announced the acquisition of Mutual Insurance Services Inc. in Federal Way, Wash. Mutual Insurance Services Inc., which was founded in 1985, is a managing general agent and wholesale...
Florida’s HomeWise Continues in Run-Off; Sells Louisiana Policies
Nov 14 2011 // Florida-based HomeWise Insurance Co. is now is full run-off mode as it attempts to pay all outstanding claims and other debts in order to avoid being taken over by Florida regulators. The Clearwater, Fla.-based home...
California MGA Yates Opens Northern California Office
Nov 8 2011 // Tustin, Calif.-based managing general agent Yates has opened a northern California office in Walnut Creek . Jon Uyeyama has joined the office, bringing with him 10 years of underwriting experience. Uyeyama will oversee the...
California MGA Yates Adds Broker
Oct 24 2011 // Barbara Carey has joined Tustin, Calif.-based managing general agent Yates as an underwriter and broker. Carey spent the last eight years as senior broker and vice president of another California wholesale brokerage. Carey...
Gumtree Wholesale Insurance Hires Cota in Missouri Office
Oct 20 2011 // Vicki Cota has been named underwriter/broker at Gumtree Wholesale Insurance Brokers Inc. in its Springfield, Mo., office. She previously served as professional liability underwriter for Bohrer-Croxdale & McAdoo...
The Entrepreneurial Spirit: Turning Ideas into Reality
Oct 17 2011 // What is an entrepreneur? The exact characteristics that comprise an individual with the ability to bring new ideas to the marketplace and foster their success may be difficult to define. But it’s not much of a...
New MGA Targeting U.S. Homebuilders Formed in California
Oct 17 2011 // Two veterans in the London insurance marketplace have come together again to launch an underwriting agency with a focus on U.S.-based homebuilders. Paul Jansen and Kevin Hastings have launched Cove Programs Insurance...
Michigan’s JM Wilson Named 2011 MGA of the Year by PIA National
Oct 7 2011 // The National Association of Professional Insurance Agents has named Michigan-based JM Wilson Corp. as recipient of its 2011 Managing General Agency of the Year Award. The award recognizes outstanding achievement in...
Jansen and Hastings Launch Cove MGA
Oct 6 2011 // Two veterans in the London insurance marketplace have come together again to launch a new underwriting agency with a focus on U.S.-based homebuilders. Paul Jansen and Kevin Hastings have launched Cove Programs, a newly...
California’s ‘New’ MGA Yates: Having Fun, Going National
Oct 3 2011 // Hiring, Acquisitions, Scottish Flair On Tap for Yates, Says New CEO Thomson Thirty-three year-old Scotsman Paul Thomson was on the last leg of his “five-year plan” to get into the insurance business in the U.S....
Wanted: Industry Seeks Out Specialty Marine Brokers
Oct 3 2011 // Two developments in the marine market have combined to create a tantalizing opportunity for wholesale brokers and managing general agents (MGAs) to serve the marine marketplace. While marine revenues remain fairly flat,...
UK Managing General Agents Launch Official Representative Association
Sep 9 2011 // The Managing General Agents’ Association (MGAA), a non-profit making organization founded to represent UK Managing General Agents, was officially launched on the 1st of September with an initial 40 Full Members...
Vertafore Realigns; Names Sonders Senior Executive, Drops 2 Others
Aug 11 2011 // Insurance distribution technology vendor Vertafore has appointed Mark Sonders as senior vice president of sales and client services. Reporting directly to the CEO, Sonders will have responsibility for sales, marketing and...
West Coast Industry Veterans Form New General Agency
Aug 8 2011 // Two veteran insurance industry executives – Pat Kilkenny, former Chairman and CEO of Arrowhead General Insurance Services, Inc., and Bob Kimmel, former Guy Carpenter & Co., LLC, executive vice president – have...
NetRate Systems Introduces Businessowners Rate-Issue System for MGA’s and Carriers
Aug 1 2011 // Okemos, MI August 1, 2011 – NetRate Systems, Inc. (Okemos, MI), a leading supplier of ISO® Commercial Lines Rating software for the MGA and carrier marketplace, has announced the availability of a new, high-powered...
Lloyd’s America President Watkins Campaigns for Broader Appeal
Jul 27 2011 // Hank Watkins, president of Lloyd’s America Inc., smiles like he has a big secret he wants to spill. The history of Lloyd’s of London is no secret: originated in Edward Lloyd’s coffee shop in London;...
