Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Blue River Underwriters Promotes Jared Mathis to Executive Vice President
Mar 31 2017 // Atlanta, GA, March 31, 2017 — Blue River Underwriters, a Breckenridge Insurance Group company, has promoted specialty property senior vice president Jared Mathis to executive vice president of the division. As executive...
Superyacht Specialist Yachtpod to Underwrite on Castel’s MGA Platform
Mar 30 2017 // Yachtpod Risk Partners has launched as an underwriting cell on the Castel Underwriting Agencies Ltd.’s MGA formation platform to offer dedicated superyacht insurance on a worldwide basis. Yachtpod specializes in...
Steamin’ Hot Markets: Cyber, Sharing Economy, Active Shooter, Construction, Mergers and More
Mar 20 2017 // Cyber Sharing Economy, Active Shooter, Construction, Mergers and More Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. For 2017, experts predict the U.S....
Wholesale Broker Groups NAPSLO, AAMGA Merging to Form WSIA
Mar 8 2017 // The insurance industry could soon have a new acronym: WSIA. Introducing the Wholesale and Specialty Insurance Association (WSIA). That’s the name and acronym for the new wholesale, specialty and surplus lines...
Lloyd’s MGA, CFC Underwriting, Launches Cyber Incident Response App
Mar 6 2017 // CFC Underwriting, the London-based specialist lines underwriting agency, announced the launch of a new cyber incident response application. The app allows policyholders to notify a claim with a click of a button and...
People
Mar 6 2017 // Texas Insurance Commissioner David Mattax has been reappointed to the post by Gov. Greg Abbott, the governor’s office announced. His term expires Feb. 1, 2019. Mattax has served as insurance commissioner since...
Asta Invests in London & Dubai Reinsurance MGA, Arma Underwriting
Feb 27 2017 // Asta, the London-based Lloyd’s third party managing agent and specialist MGA investor, announced it has agreed to invest in the development of Arma Underwriting Ltd. Asta will take a minority equity stake in Arma and...
Starr’s Pittinger Joins ANV Global Services as Underwriting Director
Feb 22 2017 // ANV Global Services Inc., the North American managing general underwriter (MGU) owned by AmTrust Financial Services Inc., has appointed James Pittinger to the role of underwriting director. Responsible for the North...
AXIS Insurance Taps Beazley’s Brown to Lead London Market MGA Growth
Feb 22 2017 // AXIS Capital Holdings Ltd. announced that Julian Brown has joined AXIS Insurance as vice president and underwriter, responsible for leading growth initiatives and product development for the company’s London market...
Ed Announces Series of Appointments and One Departure
Feb 15 2017 // Ed, the London-based reinsurance, wholesale and specialty broker, has announced several appointments over the past few weeks in the areas of international property and casualty, marine and energy, finance, and...
UK Opens National Cyber Security Centre; MGA Sciemus Comments
Feb 15 2017 // The UK’s National Cyber Security Centre (NCSC) was officially launched this week – a government sponsored organization that is focused on improving the UK’s cyber security and cyber resilience. The NCSC will...
Beazley Buys Canadian Specialty MGA, Creechurch Underwriters
Feb 6 2017 // Beazley is expanding its presence in Canada with the acquisition of the specialist managing general agent, Creechurch Underwriters. The financial terms of the transaction were not disclosed. Since its founding in 1996,...
H.W. Kaufman, Burns & Wilcox Canada Buy XN Canada Private Client Services
Jan 31 2017 // H.W. Kaufman Financial Group and Burns & Wilcox Canada announced they have acquired the high-value homeowner’s insurance practice from Quebec-based XN Financial Services Inc. (XN). A managing general agent and...
RSGUM Acquires Interstate Insurance Management in Pennsylvania
Jan 30 2017 // RSG Underwriting Managers (RSGUM) has agreed to acquire the total assets and operations of Interstate Insurance Management Inc. (Interstate). Interstate was represented in the transaction by Marsh, Berry & Company Inc....
StarStone Partners with Dubai-Based MGA; Swiss Re’s Hussey Appointed
Jan 24 2017 // StarStone, the global specialty insurer and subsidiary of Enstar Group Ltd., announced a joint venture partnership with Malakite Underwriting Partners Ltd., a managing general agent in Dubai, subject to regulatory...
Targeting Growth with Hockey Pucks, Insureon CEO Seeks Constant Improvement
Jan 23 2017 // A major online provider of commercial insurance for small businesses in the United States keeps track of its growth milestones with hockey pucks. OK, that might be a bit of a stretch but Chicago-based Insureon definitely...
Targeting Growth with Hockey Pucks, Insureon CEO Seeks Constant Improvement
Jan 23 2017 // A major online provider of commercial insurance for small businesses in the United States keeps track of its growth milestones with hockey pucks. OK, that might be a bit of a stretch but Chicago-based Insureon definitely...
Soft Market Is Main Factor Limiting Growth of UK MGAs: Survey
Jan 20 2017 // Soft market conditions have replaced regulation and compliance as the main factor affecting growth for UK managing general agents (MGA) in 2017, said a survey of members of the London-based Managing General Agents’...
Correction: Brown & Brown’s Hull Acquires Insurance House Commercial MGA Business
Jan 3 2017 // Hull & Co., a wholesale insurance subsidiary of giant Brown & Brown, has acquired the commercial managing general agency operations of Insurance House. Insurance House is an MGA and wholesale insurance broker...
Insureon CEO on Growth, Hockey Pucks and the Perils of Complacency
Dec 6 2016 // A major online provider of commercial insurance for small businesses in the United States keeps track of its growth milestones with hockey pucks. OK, that might be a bit of a stretch but Chicago-based Insureon definitely...
