Latest Middle Market Headlines
All the headlines from our Middle Market Topic Page, ordered by recency.
How to Grow Your Insurance Agency One Call At A Time
May 2 2016 // Local Strategies to Stand Out in a Challenging Lead-Acquisition Marketplace The insurance industry is spending big on local marketing, but the results individual agencies experience depend on the tactics they execute. For...
Hiscox Expands Cyber Offering to Small, Mid-Size Businesses
Apr 13 2016 // Hiscox has expanded its cyber and data risk coverage to include Hiscox CyberClear. The product is designed for small and medium-sized enterprises in the U.S. with less than $1 billion in annual revenue. This product will...
Top Exposures Facing Global Middle Market Firms Vary by Region: Assurex Survey
Mar 30 2016 // While all middle market businesses across the world have concerns about cyber risk, few of these firms view it as their biggest exposure, according to a global survey* of 68 leading independent insurance brokers, which...
Hartford Steam Boiler Launches Cyber Product for Mid-Size Companies
Feb 5 2016 // The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, has introduced HSB Total Cyber, a stand-alone insurance product that offers mid-size companies direct coverage for multiple types of data and...
XL Catlin Unveils Workplace Violence Coverage for Mid-Size Companies
Feb 4 2016 // XL Catlin has introduced a new insurance policy to help mid-size companies in the U.S. respond and recover from incidents of workplace violence. According to Denise Balan, Americas Head for XL Catlin’s Crisis...
Cyber Insurance Underwriting Moves from ‘Toddler’ to ‘Teen’ As Insurers Learn from Claims
Dec 8 2015 // Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims in 2014 alone, one might think that insurers would be shying away from the line. But one...
Growth in Cyber Insurance Sustainable if Underwriting, Pricing Are Right
Dec 7 2015 // Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims in 2014 alone, one might think that insurers would be shying away from the line. But one...
ACE Names Leaders for New Chubb Business Units, Major Product Lines
Sep 8 2015 // ACE Limited today revealed the leadership teams for the company’s North American business units, including national accounts, middle market, small commercial, high net worth personal lines, wholesale/excess and...
Cyber Risk Insurers Lag in Buying Cyber Cover
Sep 7 2015 // As recently as two years ago, only half of the top 10 carriers writing cyber insurance had purchased cyber coverage themselves, a broker specialist said recently. During an interview at the Standard & Poor’s...
Willis UK, AIG Launch Automatically Renewing Policy for Mid-Market
Sep 1 2015 // Willis Group Holdings and American International Group, Inc. have launched “Evergreen,” described as “an innovative, new approach to insurance that removes the need for annual policy renewal – the first...
Alliant in California Names Bennetsen to Lead Middle Market Division
Aug 17 2015 // Newport Beach, Calif.-based Alliant Insurance Services has named Robert Bennetsen to lead its Alliant Americas division as executive vice President and senior managing director. Bennetsen will spearhead Alliant’s...
Marsh & McLennan Acquires Florida-Based Tequesta Insurance Advisors
Aug 11 2015 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Tequesta Insurance Advisors, a personal, commercial, and employee benefits insurance provider in Florida. Terms of the...
The Hartford’s Profit Up in Q2; CEO Addresses M&A Outlook
Jul 28 2015 // The Hartford reported core earnings of $389 million for the second quarter 2015, an increase of $245 million from $144 million in second quarter 2014. The increase was due in part to improved underwriting results with...
ACE to Acquire Chubb in $28.3 Billion Deal
Jul 20 2015 // In a major transaction, ACE Limited has agreed to acquire The Chubb Corp. for $28.3 billion in cash and stock. The balance sheet’s size and strength will elevate the combined company into the elite group of global...
Analysis of Chubb’s Future Position in P/C Product Lines
Jul 20 2015 // Just a little over six months ago, ACE announced a deal to acquire the high-net-worth personal lines business of Fireman’s Fund from Allianz, competing against Chubb, which holds the leading position in the...
Marsh & McLennan Agency Enters Canadian Market with Purchase of VĂ©zina
Jul 8 2015 // Marsh & McLennan Agency LLC*, a subsidiary of Marsh, has acquired VĂ©zina, a Montreal, Quebec-based independent insurance brokerage firm. The acquisition includes the property/casualty brokerage division VĂ©zina...
Data Breach and Suppliers
Jul 6 2015 // With some four-out-of-10 mid-sized businesses having had a cyber breach in the past three years, it’s no wonder that the take up rate for cyber insurance is rising. And it’s expected to jump even further in the...
ACE to Acquire Chubb in $28.3 Billion Deal
Jul 1 2015 // In a major transaction, ACE Limited has agreed to acquire The Chubb Corp. for $28.3 billion in cash and stock. The two firms said the combined company will have complementary businesses, skills and distribution and greater...
4 of 10 Mid-Sized Firms Have Had Data Breach: Survey
Jun 26 2015 // Forty-three percent of mid-sized businesses say they have experienced a data breach in the past three years and 13 percent have had a supplier’s data breach impact their business information. Also, according to The...
Sica | Fletcher Leads The Hilb Group to an Investment by ABRY Partners
Jun 26 2015 // TRANSACTION MARKS INSURANCE M&A ADVISORY FIRM’S 13th TRANSACTION OF 2015 New York, NY, June 26 2015–The Hilb Group, LLC has announced that leading private equity firm ABRY Partners, headquartered in Boston,...
