Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Insuring Cannabis Summit: Tribal Cannabis Broker in Lonely, Rewarding Space
Dec 17 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. Having a...
5 Ways Insurance Distribution Licensing Software Makes Life Easier for Insurance Agencies
Dec 17 2021 // This post is part of a series sponsored by AgentSync. Investing in technology can be daunting. The thought of setting up an entirely new system, or migrating from an old one, is enough to stop progress in its tracks for...
Unlicensed California Agent Charged with 80 Felony Counts in Alleged Premium Thefts
Dec 16 2021 // Juan Carlos Martinez, 56, of Yorba Linda, California, has been charged with 12 counts of grand theft, 34 felony counts of forgery, 34 counts of insurance fraud, and one count of money laundering, after allegedly collecting...
UK Broker Ardonagh Valued at $7.5B as Abu Dhabi Investment Authority Buys Stake
Dec 15 2021 // Abu Dhabi Investment Authority has acquired a stake in Ardonagh Group in a transaction valuing the U.K. insurance broker at $7.5 billion. The sovereign fund joined as a new investor in Ardonagh alongside several other...
Canada’s StoneRidge Insurance Brokers Acquires John Stark & Co.
Dec 14 2021 // SIB Corp., operating as StoneRidge Insurance Brokers (SIB), the Canadian provider of insurance and consulting services, has acquired John Stark & Co. (Stark), to expand its personal, commercial and life insurance...
Insuring Cannabis Summit: Broker Who Fought Cancer Sees Hope in Cannabis Business
Dec 10 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. Sabrina...
Louisiana Insurance Agent Ordered to Stop Business over Alleged Failure to Remit Premiums
Dec 9 2021 // The Louisiana Department of Insurance has ordered a New Orleans insurance agent and her company to stop their insurance business after the agent allegedly failed to remit premiums she collected from clients. Vilia Ann...
Washington Insurance Agent Sentenced to 2 Years in Wire Fraud Case
Dec 9 2021 // A Snohomish, Washington, insurance agent was sentenced to two years in prison after pleading guilty to wire fraud in the theft of premium payments from clients. Vicki Boser, owner of InsuranceTek, Inc., pleaded guilty in...
Filhet-Allard Maritime Buys Majority Stake in Marine Specialist Latitude Brokers
Dec 8 2021 // Filhet-Allard Maritime, the France-based insurance broker for the commodities trading, shipping and industrial markets, has acquired a controlling stake in Latitude Brokers, a specialist marine broker based in Asia with...
Malaysia’s Malene Insurance Brokers Renamed Howden Takaful Brokers
Dec 8 2021 // Howden, the London-based international insurance broker, announced that further to its merger with Malene Insurance Brokers in February 2019, Malene will operate as Howden Takaful Brokers, a fully dedicated Takaful...
People Moves: Kentucky’s Big I; Berkshire’s Life Sciences
Dec 7 2021 // Big I of Kentucky, the association of independent insurance agents in the state, has elected Kevin Desmond as chairman. Desmond, who is president of Desmond Insurance in Bellevue, has been active on the Big I board and...
AgentSync Secures $75M at a $1.2B Unicorn Valuation to Power Growth Across the Insurance Industry
Dec 7 2021 // Trusted by the fastest growing companies in insurance, AgentSync is the first insurtech SaaS unicorn focused on building infrastructure for the $1.3T US insurance market. New funds will support customer-driven demand and...
Wholesale Brokers Look to Continue Offering Value While Addressing Talent Gap
Dec 7 2021 // The wholesale insurance market continues to grow premiums while providing value to retail agents and important options to their customers, according to a report commissioned by the Wholesale and Specialty Insurance...
Texas Windstorm Insurance Association Committee Recommends Willis Re for Reinsurance Broker
Dec 7 2021 // The Texas Windstorm Insurance Association’s Actuarial & Underwriting Committee met on December 6 to review best and final offers from respondents to the Association’s request for proposals for reinsurance...
Willis Towers Watson Acquires Sydney-Based Aviation Broker Aerosure
Dec 6 2021 // Insurance broker Willis Towers Watson announced the acquisition of Aerosure, a leading aviation industry specialist, focused on the Australia, New Zealand and Pacific Island region. Aerosure, based in Sydney, will become a...
Arthur J. Gallagher Completes Minority Investment in MENA Specialist Broker ACE
Dec 6 2021 // Arthur J. Gallagher & Co. announced it has completed its 30% minority investment in Middle East & North Africa (MENA) specialist insurance broker ACE. Financial details of the deal, which was first announced in...
UK Broker Aston Lark Acquires Client Book of Choice Benefits
Dec 6 2021 // Aston Lark, the London-based insurance broker backed by Goldman Sachs that is soon to become part of Howden, announced the acquisition of the client book of UK-based Choice Benefits Ltd. Financial details of the deal were...
Brokers Report Cyber Insurers Requiring Security Steps Along With Higher Premiums
Dec 6 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...
5 Things Agents Can Do to Be Better Business Owners
Dec 2 2021 // This post is part of a series sponsored by AgentSync. Independent agents and brokers comprise an essential part of the insurance distribution pipeline, yet, these business owners and their small firms are often mavericks,...
Howden Acquires UK Specialist Broker Ross Insurance Group
Dec 2 2021 // Howden, the international re/insurance broker, announced it has acquired Ross Insurance Group, a commercial broker servicing corporate and technology clients, as it continues to invest in expertise for its UK...
