Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
BMS Purchases Spanish Specialist Insurance Broker Montymarq
Dec 3 2020 // BMS Group, the independent specialist re/insurance broker, announced its Spanish subsidiary, BMS Mediación Iberia Correduría de Seguros y Reaseguros, S.L.U. (BMS Iberia), has acquired Montymarq Asociados Consultores y...
Travelers to Acquire Plymouth Rock’s Digital Agency InsuraMatch
Dec 3 2020 // The Travelers Companies has agreed to acquire InsuraMatch, a national digital independent insurance agency, from the Plymouth Rock Group of Companies. The transaction is expected to close in the first quarter of 2021 after...
Broker BMS Names Pope from Guy Carpenter as Executive Chairman in Latin America
Dec 3 2020 // BMS Group, the independent specialist re/insurance broker, announced the appointment of Aidan Pope as executive chairman of its Latin American and Caribbean business, effective on Jan. 1, 2021. Pope will focus on growing...
New Independent London Broker, Ballantyne Brokers Ltd., Opens for Business
Dec 2 2020 // Ballantyne Brokers Ltd., an independent London broker, announced it has started business. Founded by veteran London market brokers, Ross Ballantyne and Richard Spragg, the leadership team also includes David Ledger, former...
The Liberty Company Insurance Brokers Adds Borkowski, Caparo Insurance Team
Dec 2 2020 // The Liberty Company Insurance Brokers has announced that Steve Borkowski and Caparo Insurance of Conshohocken, Penn., have joined the firm, becoming Liberty’s first partnership in the northeast U.S. The Liberty...
AmWINS to Acquire Bermuda-Based International Specialty Brokers Ltd.
Dec 1 2020 // AmWINS Group Inc., a global distributor of specialty insurance products and services, announced it has signed a definitive agreement to acquire International Specialty Brokers Ltd. (ISBL), a Bermuda-based P&C wholesale...
Former Michigan Insurance Agent Sentenced to Jail for Embezzlement
Nov 30 2020 // A former Genesee County, Michigan, insurance agent has been sentenced to prison for embezzling more than $90,000 from her clients and providing them with phony home and automobile insurance certificates, according to the...
Texas Proposes Changes to Agent, Adjuster CE Requirements
Nov 25 2020 // Texas is proposing changes to continuing education (CE) requirements for agents and adjusters, and is seeking comments on the proposals. Among the CE changes proposed by the Texas Department of Insurance are: An expanded...
Brokerslink, Swiss Re Collaborate on Int’l Program Administration Platform
Nov 25 2020 // Global broking business Brokerslink has launched a dedicated international insurance programme management platform to drive the continued growth and digitalization of its international portfolio across the...
Crest Insurance in Arizona Adds Sunbelt’s Bouve as Commercial Broker
Nov 25 2020 // Crest Insurance Group LLC of Scottsdale, Ariz., has added Taylor Bouve as a commercial broker. Bouve has more than six years of experience in insurance. He was previously an account executive at Sunbelt Insurance Holdings...
Minnesota Fraud Bureau: Insurance Fraud Referrals Up in 2019 but not for Agents
Nov 24 2020 // While Minnesota insurance regulators saw an uptick in the number of fraud case referrals during 2019, agent and broker fraud referrals were down significantly that year, the most recent for which insurance fraud statistics...
Zywave Acquires Insurance Technologies Corporation (ITC)
Nov 24 2020 // Insurance technology provider Zywave announced the acquisition of Insurance Technologies Corporation (ITC), a leading provider of marketing, rating and management software and services to the insurance industry. Zywave...
Best Agency to Work For West: Liberty Company Insurance Brokers
Nov 24 2020 // The Liberty Company Insurance Brokers Inc. in Woodland Hills, Calif., offered the perfect Hollywood ending for founder Bill Johnson. Johnson started the brokerage fresh out of college in 1987, then took a break to get into...
Howden Buys Cyber and Tech Specialist Broker Safeonline
Nov 23 2020 // Howden, the international insurance broker, announced it has reached an agreement to acquire Safeonline, a London-based cyber and tech specialist broker and Lloyd’s coverholder. The acquisition underlines the...
Kemper to Pay $370M for Specialty Insurer Focused on Hispanic Market
Nov 23 2020 // Kemper Corp. has agreed to pay $370 million in cash for specialty auto insurer American Access Casualty Company and its related captive insurance agency, Newins Insurance Agency Holdings. Driving the deal: Growth potential...
Digital Lloyd’s Syndicate Ki Goes Live with List of Broker Trading Partners
Nov 23 2020 // Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, announced the onboarding of its first trading partners to its proprietary digital platform, providing access to its algorithmic underwriting...
New CSR Podcast Series – Episode 2: I’m Your Agent, Let’s Talk About Sex.
Nov 23 2020 // Austin, TX, November 23, 2020 – The National Alliance for Insurance Education & Research recently launched a new podcast series titled Awkward Insurance. The podcast is intended for Insurance Service...
America’s Best Agencies to Work For
Nov 23 2020 // The votes are in for the 2020 Best Independent Insurance Agencies to Work For. While 2020 has been an unusual year for agency employees – many of whom have worked remotely for months – the pressures that have...
The Liberty Company Insurance Brokers Adds Cuevas to Florida Office
Nov 23 2020 // The Liberty Company Insurance Brokers has added Mike Cuevas to the firm’s Ft. Lauderdale, Fla., office. Mike Cuevas Cuevas has more than 30 years of experience with previous stops at Coastal Premier and Van...
Pace of Broker Acquisitions Picks Up in 2nd Half, After COVID-Linked Lull in Q2
Nov 19 2020 // Insurance brokers have stepped up their acquisition pace in the second half of 2020 after a pause in the second quarter related to the coronavirus and the steep economic decline, according to a report published by...
