Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
High Street Acquires 27 Former Nationwide Agencies
Dec 1 2021 // Michigan-based High Street Insurance Partners reported it has acquired 27 former Nationwide exclusive insurance agencies in North Carolina, South Carolina, Pennsylvania, Tennessee and Maryland. The company said all of the...
Xenia Buys UK Trade Credit and Surety Broker, Peter Hill Credit & Financial Risks
Dec 1 2021 // The credit insurance and surety specialist, Xenia Broking Group, announced it has acquired Peter Hill Credit & Financial Risks Ltd., based in Northampton, England. Peter Hill is a leading specialist trade credit...
Howden Acquires Specialist Broker Expat Marine in Hong Kong
Dec 1 2021 // Howden, the international insurance broker, announced the acquisition of the assets of Expat Marine Ltd. (EML), a specialist insurance broker providing employee benefits and general insurance products and advice to clients...
Gallagher Completes $3.25B Purchase of Willis’ Treaty Reinsurance Brokerage Business
Dec 1 2021 // Arthur J. Gallagher & Co. announced it has completed the $3.25 billion acquisition of nearly all of the treaty reinsurance brokerage operations of Willis Towers Watson plc. Together with Gallagher’s existing...
The Liberty Company Insurance Brokers Acquires D.E.P. in California
Dec 1 2021 // The Liberty Company Insurance Brokers acquired D.E.P. Insurance Services Inc. in Huntington Beach, California. Terms of the deal were not disclosed. D.E.P. Insurance Services is owned by Don Phoenix, and has been in...
Former Iowa Insurance Agent Charged with Fraud
Nov 30 2021 // A former West Des Moines, Iowa insurance agent was recently charged with one count of insurance fraud – presenting false information, a Class D Felony. Tanya A. Schettler, age 48, was arrested on Nov. 24 and booked into...
Managing Broker Relationships for Carriers and MGAs/MGUs
Nov 23 2021 // This post is part of a series sponsored by AgentSync. The sales role is the lifeblood of insurance, and with a complex pipeline of agencies, agents, brokers, etc., carriers and MGAs can understandably be confused by how to...
Brokers Report Cyber Insurers Requiring Security Steps Along With Higher Premiums
Nov 23 2021 // Insurers are continuing to take a hard line on underwriting and pricing cyber coverage. While commercial lines prices overall rose 8.9% in the third quarter, cyber premiums increased 27.6%, according to The Council’s...
Alabama Agents Vow to Fight Tax Breaks That Mostly Benefit Two Carriers
Nov 23 2021 // Independent insurance agents in Alabama are trying again to crack open what they say is the state’s “good ol’ boy” system and end three decades of tax breaks that mostly benefit two insurance...
Independent Agents Can Access Tech Training, Tools with Catalyit
Nov 22 2021 // Independent agent associations in seven states have teamed up with the technology company Catalyit to help agencies assess and improve their use of data and technological innovations in the insurance arena. “Every...
Insuring Cannabis Summit: Brokers Advise on EPLI, Exclusions, Lounges, Labs
Nov 19 2021 // Powered by InsuranceJournal.tv This is part of a series of articles from Insurance Journal’s annual Insuring Cannabis Summit on Oct. 14. You can find more articles from the summit at the bottom of this one. Employee...
Willis Towers Watson to Acquire Israeli Broker Leaderim
Nov 17 2021 // Insurance broker Willis Towers Watson announced it has signed a definitive agreement to acquire Leaderim, an insurance broking and risk consultancy business in Israel. Financial terms of the deal were not...
AgentSync Launches AutoPilot, Pairing Leading Technology with Always-on Partners to Unlock Growth for Carriers & Agencies
Nov 16 2021 // AutoPilot revolutionizes insurance licensing services by pairing modern technology, deep expertise, and high-touch service, powering growth for agencies and carriers DENVER, CO – November 16, 2021 – AgentSync, the...
People Moves: WTW Names Aon’s Wegbrans as Head of Broking; EmergIn Risk Hires Occam’s Paraskeva; Aon’s Norris to Gallagher Re as Cyber ILS Broker
Nov 16 2021 // This edition of International People Moves details appointments at Willis Towers Watson; Ryan Specialty’s MGU, EmergIn Risk; and Gallagher Re. A summary of these new hires follows here. WTW Names Aon’s Wegbrans...
Insurance Technology: Agents and Multi-Factor Authentication; TA Invests in Insurity Again; GCube Touts AI in Renewable Energy
Nov 15 2021 // ID Federation Offers Multi-Factor Authentication Resource for Agencies Insurance carriers and their agency partners face a “gathering storm” of confusing requirements and changes in the area of multi-factor...
Aston Lark Continues Buying Spree With Purchase of UK Broker Philip Williams & Co.
Nov 15 2021 // Aston Lark, the London-based insurance broker backed by Goldman Sachs that is soon to become part of Howden, announced the acquisition of Philp Williams & Co. as the latest addition to the group. Philip Williams &...
Top 3 Recommendations Ignored by Agency Management
Nov 15 2021 // Prior to starting my consulting business, I read a great book that provided many clever rules for consultants to follow. It took many years for me to fully appreciate some of those rules and I am still working on some. One...
Agents Need E&S Markets Now, More Than Ever
Nov 15 2021 // Insurance rates are rising, capacity is shrinking, and carriers are tightening their underwriting requirements. As a result, agents must work harder and harder to find insurance coverage that meets the needs of their...
NFP Acquires Western Canada’s Foster Park Brokers Inc.
Nov 12 2021 // NFP, the New York City-based insurance broker and consultant, announced the acquisition of Canada’s Foster Park Brokers Inc. Details of the transaction, which closed on Nov. 1, 2021, were not disclosed. Foster Park...
Lloyd’s Broker MNK Re Launches Specialty Wholesale and Retail Unit
Nov 10 2021 // MNK Re Ltd., the London-headquartered Lloyd’s specialist broker, is launching MNK Re UK Specialty Ltd., to focus on UK wholesale and retail business. This new business will build out a wider category of risk...
