Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Risk Scores for Underwriters, Brokers Reveal Companies’ Likelihood of Being Sued
Oct 7 2021 // Last week, Praedicat, a liability risk analytics company, announced that it launched a new Company Risk Score designed to simplify the underwriting of complex emerging risks for liability insurance. The risk score, ranging...
Broker New Dawn Risk Group Launches Europe Subsidiary in Malta
Oct 7 2021 // New Dawn Risk Group, the London-based broker, announced the launch of its new European subsidiary, New Dawn Risk (Europe), headquartered in Malta. Like its parent company, New Dawn Risk (Europe) focuses on insurance...
Kansas’ Fee Succeeds South Carolina’s Jensen as Chair of National Big ‘I’ Agents
Oct 6 2021 // The Independent Insurance Agents & Brokers of America (the Big “I”) installed Kansas’ Bob Fee, president of Fee Insurance Group Inc. in Hutchinson, as 2021-22 Big “I” chair at the recent...
Behind the Crypto Broker Accused of Enabling Ransomware Hackers
Oct 6 2021 // A cryptocurrency broker that the Biden administration considers a key cog in the recent ransomware epidemic is legally registered in the Czech Republic but doesn’t appear to have an office there. It may be operating...
Neptune Flood Acquires Parametric Earthquake Insurance Broker Jumpstart
Oct 4 2021 // Digital flood insurance provider Neptune Flood has acquired Jumpstart Insurance Solutions, a parametric insurtech broker that offers parametric earthquake policies. Terms were not disclosed. Jumpstart, a licensed surplus...
Boutique Broker McGill and Partners Launches Bermuda Operation
Oct 4 2021 // McGill and Partners, the boutique specialist re/insurance broker, is set for further expansion following regulatory approval for its Bermuda operation. The office will officially open later this month. The Bermuda office...
Arthur J. Gallagher & Co. Buys UK MGA Manchester Underwriting Agencies Ltd.
Oct 4 2021 // Arthur J. Gallagher & Co. announced that its specialist underwriting subsidiary Pen Underwriting has acquired 100% of UK-based Manchester Underwriting Agencies Ltd. and its wholly owned subsidiary, Manchester...
Aston Lark Acquires UK Insurance Broker S. Johnson & Co.
Oct 4 2021 // Aston Lark, the London-based insurance broker that is backed by Goldman Sachs, announced the acquisition of S. Johnson & Co. Ltd. Established in 1990 and based in Birmingham, England, with a dedicated team led by...
Lloyd’s Broker Tysers Launches Specialist Products for New Live Events Landscape
Oct 4 2021 // Lloyd’s broker Tysers has developed and diversified its entertainment insurance products and services to reflect the new live events landscape. For the music & live events sector, the broker has launched two...
Middle Market Firms Miss Out on Agents as Risk Management Resource: Survey
Oct 4 2021 // Many middle market companies are failing to use a key risk management resource: their insurance agents and brokers. According to a survey sponsored by insurer Chubb, only 15% of middle market companies rely heavily on an...
Howden Acquires CHB Insurance Brokers in Estonia
Oct 1 2021 // Howden, the international insurance broker, announced the acquisition of CHB Insurance Brokers (CHB), one of the pre-eminent property/casualty brokers in the Baltic region. Financial details of the transaction were not...
Broker BMS Re Launches Operations in Brazil, Led by 2 Former Guy Carpenter Execs
Sep 29 2021 // BMS Re, the independent specialist reinsurance broker, announced the launch of BMS Brasil Corretora de Resseguros Ltda (BMS Re Brazil), headquartered in Sao Paulo. Confirmation of BMS Re Brazil’s license was...
Middle Market Firms Miss Out on Agents as Risk Management Resource: Survey
Sep 27 2021 // Many middle market companies are failing to use a key risk management resource: their insurance agents and brokers. According to a survey sponsored by insurer Chubb, only 15% of middle market companies rely heavily on an...
Amazon to Offer Insurance to Small and Medium-Sized UK Businesses: Broker
Sep 27 2021 // Amazon.com Inc is to start offering insurance to small and medium-sized UK business customers, the technology giant’s first foray into business insurance in the country, broker Superscript said on Monday. Members of...
Former New York Insurance Broker Sentenced to Prison for $1M Fraud Scheme
Sep 24 2021 // A former insurance broker is going to prison for defrauding insurance companies and individual investors out of more than $1 million. U.S. Attorney James P. Kennedy, Jr. announced that Brian Bartz of Rochester, New York,...
Flood Modeler JBA Collaborates With South African Broker, Reinsurance Solutions
Sep 24 2021 // JBA Risk Management Ltd. announced its collaboration with Reinsurance Solutions Intermediary Services (RSIS), an African-based reinsurance broker that will use the JBA global flood modeling capability to provide flood risk...
Broker/Fintech Provider Acrisure Buys New York-Based Tempo Title
Sep 22 2021 // Acrisure, the global insurance broker and fintech services provider, announced it has entered the real estate services business through its acquisition of Tempo Title, one of the largest private title insurance and...
Aston Lark Buys 2 Brokers: Abbey Murphy Insurance and The Health Insurance Co.
Sep 21 2021 // Aston Lark, the Goldman Sachs-based insurance broker, announced two acquisitions in one day: Deanspoint Insurance Brokers, which trades in Ireland as Abbey Murphy Insurance, and The Health Insurance Company, based in...
H.W. Kaufman Group Acquires Chile-Based Prospect Brokers
Sep 21 2021 // U.S.-based specialty insurance corporation H.W. Kaufman Group announced its expansion into South America through the acquisition of Prospect Brokers Chile, based in Santiago, Chile. Financial details of the deal were not...
Alera Acquires The Brokerage Commercial Insurance Services in California
Sep 17 2021 // Alera Group acquired The Brokerage Commercial Insurance Services Inc. in in Newport Beach, Calif. The Brokerage Commercial Insurance Services employees will continue serving clients in their existing roles. Terms of the...
