Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Ryan Direct Agrees to Acquire Northern Ireland MGA, Midas Underwriting
Jan 8 2016 // Ryan Direct Group (RDG), the insurance services business and part of Chicago-based Ryan Specialty Group (RSG), has entered into agreement to acquire Northern Ireland-based MGA Midas Underwriting, subject to regulatory...
Specialty MGA Nexus Underwriting Acquires Millstream
Dec 17 2015 // Specialty MGA, Nexus Underwriting Management Limited, announced that it has acquired City of London based Millstream Underwriting Limited, an independent managing general agency specializing in travel personal accident and...
2015- Modernization in the Non-Admitted Market
Dec 9 2015 // Dallas, TX, December 9, 2015- 2015 has been a big year for mergers and acquisitions in our industry. You read consolidation news everyday…Willis to buy Towers Watson…Confie acquires another broker…Gen...
U.K. MGAs Seek Greater Role in Claims Process: MGAA Matters Survey
Nov 23 2015 // Managing general agents are keen to be more involved in the claims process because they view claims as a core competence with an intrinsic link to underwriting, according to the latest MGAA Matters Survey.* The fourth...
MarketScout Launches Professional Liability Practice, Hires McCormick to Lead
Nov 23 2015 // MarketScout, the national electronic insurance exchange and specialty managing general agency (MGA) headquartered in Dallas, has formed a national professional liability practice with the addition of insurance industry...
Ryan Specialty Acquires UK’s Hunter George & Partners, M&A Specialist MGA
Nov 16 2015 // Ryan Specialty Group (RSG), the Chicago-based global specialty insurance services business, has reached an agreement to acquire Hunter George & Partners Ltd., the London-based specialist managing general agent (MGA)...
California DMV Agreement Changes How Motor Vehicle Records Are Handled
Oct 28 2015 // California agents and brokers are being notified of a new change to how they can handle motor vehicle records. An agreement between representatives from the insurance industry and the California Department of Motor...
Roth Joins Insurance Wholesaler, Founders Professional, in Chicago
Oct 23 2015 // Insurance wholesaler, Founders Professional, has added Ryan Roth as a professional liability broker in the company’s new downtown Chicago office. Roth has nearly 10 years of professional liability experience. Prior...
Swett & Crawford’s MGA Adds Two Lumber Underwriters in California
Oct 21 2015 // The Insurance Center for Building Materials has hired Rick Zorman and Phil McCown in Los Angeles. Both Zorman and McCown are experienced lumber underwriters and will expand the firm’s capabilities for this...
Texas All Risk General Agency Receives Special Recognition for Advancements in Technology from Nautilus Insurance Group
Oct 16 2015 // Dallas, TX, October 14 2015- Nautilus President Tom Kuzma presented the award at the company’s 30th Anniversary celebration in Whistler, British Columbia on September 29th. The carrier’s top MGA partners were...
ANV Appoints Helson as CEO for Lloyd’s Business
Oct 13 2015 // Global specialty insurance group ANV Holdings BV announced the appointment of Janet Helson as CEO of the group’s Lloyd’s Managing Agency, ANV Syndicates Limited, subject to regulatory approval. Effective...
Eydent Reports Swearingen’s Retirement, Staff Promotions
Oct 12 2015 // Eydent Insurance Services LLC, a Mt. Pleasant, Mich.-based program administrator specializing in niche markets, announced that Jim Swearingen, chief underwriting officer, will retire effective Nov. 15. Swearingen began his...
Global Risk Partners Hires Lewer to Lead E-Trading; Lee for e-Trade Underwriting
Oct 12 2015 // Simon Lewer has joined Global Risk Partners Limited (GRP)* as the chief operating officer of its MGA Division, with responsibility for the development of GRP’s electronic trading initiatives. He also has been...
Tischer Joins ANV Underwriters’ M&A Insurance Team
Oct 8 2015 // ANV Underwriters, the international managing general underwriter (MGU) segment of specialty insurance group ANV Holdings, announced the appointment of Florian Tischer to its Mergers and Acquisitions (M&A) Insurance...
Booth Joins DUAL as Non-Exec Chairman & Named Hyperion’s Non-Exec Director
Oct 2 2015 // Hyperion, the world’s largest employee-owned insurance group, announced today that Clem Booth will join DUAL, its underwriting arm, as non-executive chairman of the board. He will also become a non-executive director...
Insurance Wholesaler Socius Names 3 to Leadership Posts
Sep 25 2015 // Socius Insurance Services Inc., a management liability and property/casualty insurance wholesaler, announced three changes to its leadership team. According to Patrick E. Hanley Sr., president of Socius, the changes are:...
Brit Announces Investment in New York-Based Ambridge Partners
Sep 23 2015 // Brit Limited, a global specialty insurer and reinsurer based in London, announce that it has made a significant strategic investment in Ambridge Partners LLC, a New York-based managing general underwriter of transactional...
MGAs Next to Feel Impact of Capital Markets: AmWINS’ DeCarlo
Sep 7 2015 // Steve DeCarloNow that traditional reinsurers are adjusting to the idea that third-party capital providers have moved into their space, managing general agents (MGA) may be next to feel the negative impact of new capital,...
Texas Wholesale Insurance Group Founder, Myron Steves, Passes
Aug 31 2015 // Texas independent managing general agency and wholesale insurance broker, Myron Steves, announced the passing of its founder and namesake, Myron F. Steves, Sr., with the following message: With a heavy heart we share the...
Hiscox Appoints Giralt as Head of Property for Miami MGA
Aug 28 2015 // Specialist global insurer Hiscox has appointed John Giralt as head of Property for its Miami MGA operation. Joining from Catlin XL where he was a director covering the Americas, Giralt was responsible for managing the...
