Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Higginbotham Adds Mathis Broker in Tennessee
Jul 15 2022 // Mathis, Tibbets & Mathis, a 36-year-old independent broker of commercial and personal property/casualty insurance, surety bonds and employee benefits plans, based in Memphis, has been acquired by...
Specialty Program Group Acquires Entertainment/Sports Broker ESP in Massachusetts
Jul 13 2022 // New Jersey-headquartered Specialty Program Group (SPG) said it has acquired ESP Insurance Brokerage, a national insurance broker and program administrator for the sports, events and promotion marketing and entertainment...
Broker NFP Forms Captive Manager in Canada
Jul 13 2022 // Insurance broker NFP has established a captive management firm in Canada following Alberta’s establishment of a regime for captive insurance for organizations wanting to self-insure against risk instead of buying...
Agent’s Plea That Landscaping Includes Tree Removal Fails
Jul 13 2022 // A New Jersey insurance agency has failed to convince two courts that a landscape gardening insurance policy for a long-time client was ambiguous enough to also cover tree removal. The agency also struck out with its...
Digital Insurer Ranger Raises $5.25M With Assist From A-Rod for Agent Platform
Jul 11 2022 // Digital insurer Ranger said it just closed a $5.25 million seed round to further its development of a digital platform that promises to modernize the role of insurance agents, evolving their role into a home protection...
Florida Insurance Agents Feeling the Heat from Roiling Marketplace
Jul 11 2022 // Dan Alexander has seen the worst of the Florida property insurance market from the inside-out – from agents who’ve quit to carriers that have gone insolvent or stopped writing new business, to having to manage...
Chicago Insurance Broker Saves Young Boy’s Life in July 4 Parade Shooting
Jul 8 2022 // A woman, stunned and speechless in the chaos of a July 4 parade massacre, walked up to Greg Ring and handed him a 2-year-old boy, covered in blood. Ring had fled the scene in the Chicago suburb of Highland Park with his...
Miller Acquires Tokyo-Based Broker Lead Insurance Services
Jul 8 2022 // Miller, the independent specialist re/insurance broker, announced the acquisition of Lead Insurance Services Ltd. Lead is based in Tokyo, Japan, and the acquisition cements a longstanding relationship between the two...
Southeast Business Moves: Risk Strategies, Acrisure, Alabama Agencies
Jul 7 2022 // Acrisure Buys Brentwood Claims Firm Acrisure, a fintech company that runs one of the largest insurance brokerage companies, has acquired a Tennessee-based claims services firm. Brentwood Services Inc., which said it...
Howden Buys New Zealand Broker Wallace McLean
Jul 5 2022 // Howden, the London-based insurance broker, announced the acquisition of Wallace McLean, which further strengthens its local expertise and provides an enhanced platform for its strategic growth plans in New Zealand. Wallace...
Agents: Fourth of July Brings Risks & Claims
Jul 1 2022 // It has been a few years. Policyholders may have forgotten about that last barbeque mishap in their backyard. Maybe the memory has gotten hazy about that one time their college roommate drove home when they should not have....
Hill Group Acquires Indiana’s Howe-LaGrange and Reick Agencies
Jun 30 2022 // The Hilb Group announced that it has acquired Indiana-based Howe-LaGrange Insurance Agency and Reick Insurance Agency, expanding the company’s growing presence throughout Indiana and the Midwest. Based in LaGrange,...
‘It’s Not Been Fun’: Cyber Insurance Brokers Seek Consistency as Hard Market Settles
Jun 29 2022 // Alexandra Bretschneider said it feels like she has been a part-time grim reaper the last two years. The cyber practice leader at broker Johnson, Kendall & Johnson said, “I am just constantly delivering bad...
Arthur J. Gallagher & Co. Acquires UK Broker Erimus Group Ltd.
Jun 28 2022 // Arthur J. Gallagher & Co. announced the acquisition of Erimus Group Ltd. in the UK. Terms of the transaction were not disclosed. Founded in 1986 and based in Teesside, England, Erimus is an established retail insurance...
Acrisure Acquires UK Independent Brokerage Russell Scanlan
Jun 22 2022 // U.S.-based insurance broker Acrisure reports that it has acquired UK independent specialty broker Russell Scanlan in Nottingham. The deal is expected to close in the near term, pending Financial Conduct Authority (FCA)...
Agent-Focused Home Insurer Openly Closes $75 Million Funding Round
Jun 22 2022 // Boston-based Openly, an insurtech homeowners insurer distributing through independent agents, has closed a $75 million Series C investment. According to founders Ty Harris and Matt Wielbut, Openly has responded to a...
Broker Miller Announces Hands Will Succeed Collins as CEO; Chair Clarke to Retire
Jun 21 2022 // Miller, the London-based independent specialist re/insurance broker, announced that James Hands will succeed Greg Collins as CEO of Miller. Collins will move to become chair of the Partnership Board, succeeding Graham...
Canadian Oil Brokerage Denies ‘Toxic’ Workplace Claim, Files Countersuit
Jun 20 2022 // Oil brokerage NE2 Group is hitting back at allegations that Chief Executive Officer Tim Gunn created a toxic workplace, filing an C$11 million ($8.4 million) countersuit against eight former employees who left the firm...
A Different Kind of Guard: Agent Follows NFL Offseason With Eye on Protecting Players
Jun 20 2022 // Like millions of Americans, Timothy Radcliff was glued to the NFL Draft in late April. Radcliff’s interest in the draft wasn’t predicated on which quarterback went off the board first or whether the Pittsburgh...
Future Profit Models for Insurers and Their Agent/Broker Partners
Jun 20 2022 // I read an article written by a former carrier CEO who is now a consultant and private equity backer to insurance ventures. The main point of the article was that insurtech, or any paradigm shifting insurance entity, will...
