September 27, 2017
Glatfelter Program Managers (GPM) has added workers’ compensation to its program business offerings, effective Nov. 1. Educational institutions, independent school bus contractors, water/sewer entities, senior living facilities, hospices, home health care agencies and religious institutions are among those who may …
August 10, 2017
When it was announced in June that San Diego, Calif.-based Arrowhead General Insurance Agency Inc. was selected as the program administrator for QBE North America‘s small commercial insurance portfolio, it immediately raised one big question. Why was a carrier with …
August 10, 2017
Venture Programs, a national insurance program administrator, has launched FITLIFE, a fitness, wellness and spa program. The new program is designed to improve the coverage, risk management and claims handling available to fitness and spa businesses. FITLIFE will provide a …
July 26, 2017
Markel Corp. will acquire Texas-based State National Companies Inc. for $919 million, a deal that the Virginia-based insurer and reinsurer said will help diversify its underwriting and revenue streams. Both companies’ board of directors voted unanimously to approve the deal, …
June 7, 2017
Dallas-based insurance exchange MarketScout, which provides agents with access to specialty markets, has sold its workers’ compensation managing general agency business to Specialty Program Group. MarketScout said it sold the specialty unit, which it said handles $100 million in business, …
May 31, 2017
Willis Programs has partnered with Allianz Global Corporate & Specialty (AGCS) on coverage for its DairyProtector and FeedLotGuard programs. Allianz, a property casualty insurance carrier in the agribusiness industry, will offer an A.M. Best ‘A+’ rated carrier backing to the …
January 18, 2017
Today’s program administrators continue to face plenty of challenges, including increased competition, high merger and acquisition activity, market pressures for more creative options, and other issues. Those challenges are leading to opportunities as the industry is forced to create and …
October 12, 2016
Zurich North America has appointed David Putz as head of Direct Markets and Programs effective January 1, 2017. Putz is currently head of Direct Markets for Zurich and with the retirement of current head of Programs, Roger Brunner, his role …
August 17, 2016
Newly formed Watford Specialty Insurance Co. (WSIC), a subsidiary of Bermuda-based Watford Re, took a big leap forward recently with its acquisition of a carrier with admitted licenses in all 50 states and the District of Columbia. The previously dormant …
June 3, 2016
Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online, has launched its online Professional Small Business Program. The program provides general liability, errors & omissions, inland marine and workers compensation for 120 classes of …