Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Clear Group Buys UK’s Peter Hoare & Co. (Insurance Brokers) Ltd.
Nov 14 2023 // The Clear Group, the London-based independent broker, has acquired Peter Hoare & Co. (Insurance Brokers) Ltd., based in Sheffield, England. Financial details of the transaction were not disclosed. Established in 1964,...
Arthur J. Gallagher & Co. Acquires Australia’s Edgar Insurance Brokers
Nov 14 2023 // Arthur J. Gallagher & Co. announced the acquisition of Cobram, Victoria-based Edgar Insurance Brokers. Terms of the transaction were not disclosed. Edgar Insurance Brokers provides commercial insurance products and...
Travelers Webinar Focuses on Connecting Gen Z, Independent Agents
Nov 14 2023 // Members of Generation Z who have worked with insurance agents believe they are knowledgeable and help them make better choices. Nevertheless, Gen Z is under-tapped in the independent agent channel and over-indexes on...
Liberty Brokers Acquires Massabni Insurance in Maryland
Nov 8 2023 // The Liberty Company Insurance Brokers continues its growth with the acquisition of Massabni Insurance & Financial, a veteran and family-owned agency in Hyattsville, Maryland. The deal was made in partnership with...
California Insurance Agent Arraigned After Allegedly Leaving Client’s Business Uninsured
Nov 7 2023 // Licensed insurance agent Vlada Cruz, 40, of Encino, California, was arraigned on two felony counts of grand theft after a California Department of Insurance investigation found she allegedly stole over $37,000 in insurance...
Howden Acquires Peruvian Insurance Broker Contacto
Nov 6 2023 // Howden, the London-based insurance group, announced it has acquired Contacto Corredores de Seguros S.A., a market-leading insurance broker in the Peruvian market. Financial details of the deal were not disclosed. Howden...
Arthur J. Gallagher & Co. Acquires Ireland’s Keaney Insurance Brokers
Nov 6 2023 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Dublin, Ireland-based Keaney Insurance Brokers Ltd. Terms of the transaction were not disclosed. Keaney is a commercial...
Merging Producer Development and Compensation in Insurance Agencies to Cultivate Success
Nov 6 2023 // In the dynamic world of insurance, producers — commonly known as agents or brokers — stand at the intersection of client needs and the array of insurance products available. They not only drive sales but also...
Jensten Completes Acquisition of UK-Based One Broker Group
Nov 3 2023 // Jensten, the London-based independent insurance broking group, has now completed the acquisition of East Anglia, England-based One Broker Group, following approval from the UK regulator. Its largest acquisition to date,...
Howden Scotland Buys Commercial Insurance Broker Neilson Laurence & Neil
Nov 3 2023 // Howden Scotland, formerly known as Bruce Stevenson, announced the acquisition of Neilson Laurence & Neil, the Glasgow-based UK specialist commercial insurance broker. Financial details of the deal were not...
South Florida P/C Insurance Agent Charged With Swiping $131,000 in Premiums
Nov 2 2023 // A south Florida insurance agent has been charged with absconding with more than $130,000 in premiums, leaving property owners uninsured after Hurricane Ian. Naser Al-Sweity, of Boca Raton, was booked into Palm Beach County...
UK’s Ardonagh Acquires Commercial Broker for SMEs in Switzerland
Nov 1 2023 // The Ardonagh Group, the London-based independent insurance distribution platform, has agreed to acquire ASSEPRO, the largest independent commercial broker for small and medium-sized enterprises (SMEs) in Switzerland, with...
Insurtech Layr Closes $10M Funding to Expand Reach for Brokerage Platform
Nov 1 2023 // Layr, an Atlanta-based insurtech that promises to digitize insurance brokerage operations, said it has raised $10 million to expand operations, marketing and functionality. “One of every four dollars in the GDP goes...
5 Brokers Report Strong Revenues During Q3 as Favorable Market Climate Continues
Oct 30 2023 // Five publicly traded insurance brokers reported strong third quarter revenues, with their executives using adjectives such as “outstanding,” “terrific,” “excellent,” and...
AgentSync Raises $50M in Funding to Drive Operational Efficiencies For Insurers and Distributors
Oct 26 2023 // AgentSync doubles down on building the most modern and connected producer management and compliance solutions to provide flexibility in distribution channels for carriers, agencies, and MGAs DENVER, CO, October 26, 2023...
RMS Brokerage Acquires Clancy & Clancy in New York
Oct 26 2023 // RMS Insurance Brokerage, LLC announced that it has acquired Garden City, New York-based Clancy & Clancy Brokerage LTD (C&C). An independent insurance agency founded in 1956 by the late Maureen and Cummin Clancy,...
License and Registration, Please: 5 Questions Insurance Agents Shouldn’t Answer without a Securities License
Oct 26 2023 // This post is part of a series sponsored by AgentSync. Answering client questions is key to building trust and strengthening relationships. Many insurance consumers view their agent as the expert when it comes to managing...
Texas’ QuoteWell Announces Launch of Brokerage Operations
Oct 25 2023 // QuoteWell, a tech-enabled commercial insurance wholesale brokerage that is at the forefront of innovating the distribution side of insurance, announced the launch of its brokerage operations to serve independent retail...
California Insurance Agent Arraigned for Allegedly Stealing from Small Business Owners
Oct 24 2023 // Erin Lee McCarroll, 49, of Laguna Beach, California, was arraigned on 27 felony counts including grand theft and forgery after a California Department of Insurance investigation found she allegedly stole more than $62,000...
Howden Buys Portfolio of Broker in Luxembourg, Acquires Belgium Broker WDR
Oct 24 2023 // Howden, the London-based global insurance group, announced it has established a retail presence in the Grand Duchy of Luxembourg with the acquisition of the portfolio of United Brokers S.A., and has strengthened its...
