Agents & Brokers News

Progressive Hopes to Drive Market Share With Independent Agency Brand

Progressive Insurance Co.’s move to re-brand its independent agency segment is being met with good reviews from outside financial analysts and branding experts, but mixed reviews from the independent agents who are at the center of the strategy. After weeks …

Progressive’s New Branding Effort Hopes to ‘Drive’ Market Share

Progressive Insurance Co.’s move to re–brand its independent agency segment is being met with good reviews from outside financial analysts and branding experts, but mixed reviews from the independent agents who are at the center of the strategy. After weeks …

People & Places

Dave Wyrsch The Independent Insurance Agents and Brokers of New Jersey (IIABNJ)swore in new officers for the 2004/2005 year at its 111th annual conference in Newport, Rhode Island. Dave L. Wyrsch, Sr., of The Van Dyk Group in Beach Haven …

Financing the Future of the Independent Agency System

How to Approach a Lender about Perpetuation Plans Independent agency owners put a lot of effort into formulating perpetuation plans for their insurance agency. Now it’s time to execute the plan. And that may require some additional financial resources. Fortunately, …

Wedding Cancellation

Nuts & Bolts: Abacus Insurance Brokers has announced the availability of an online wedding cancellation program, exclusively for brokers, powered by the APM Platform. Brokers are able to quote and bind in real–time, accept payments online, and issue policies immediately. …

People & Places

Columbus, Ohio–based surplus line insurer Century Surety Co. announced the promotions of both Erin E. Alward to chief financial officer and Steve R. Young to chief investment officer. Erin Alward Alward has more than seven years’ experience working in financial …

Hooray for the Red, White and Green: Insurance Money in Politics

Republican Candidates Favored ‘Big Time’ in Total Insurance Political Giving The late U.S. House Speaker Thomas P. “Tip” O’Neill (D-Mass.) is famous for insisting, “All politics is local.” Apparently, O’Neill wasn’t counting the money. When it comes to money in …

Going Paperless — Is it for the Independent Agency’

Many independent insurance agents and brokers are used to the concept of “paperless processing” since most of the insurance companies they represent utilize imaging and content management technology. For these carriers, paperless processing is used to speed up the underwriting …

People & Places

Nancy Baily Kevin Mangan InVEST, an education program that develops a diverse pool of insurance professionals and informed consumers by educating high school and community college students on insurance, financial services and risk management, recently announced the addition of three …

ING to Acquire Most of Allianz Canada, S&P Puts Insurer on CreditWatch

The Netherlands’ ING Group and Germany’s Allianz announced that they have concluded a definitive share purchase agreement for the acquisition of Allianz’ property and casualty (P&C) insurance operations in Canada, except for its Canadian industrial lines business, which is part …