Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Nexus Rebrands Equinox Global as Nexus Specialty in the U.S.
Nov 5 2019 // London-based managing general agent Nexus Group announces the rebranding of Equinox Global Inc. in the U.S. as Nexus Specialty Inc. Nexus said the move will enhance the company’s aim to build both through acquisition...
Fidelis Insurance Takes Equity Stake in New MGA Perigon, Provides Capacity
Nov 4 2019 // Fidelis Insurance, the Bermuda-headquartered re/insurer, announced it has taken an equity stake in a new managing general agent (MGA) Perigon Product Recall Ltd., and will be providing underwriting...
Reinsurers Take the Technology Lead
Oct 21 2019 // When it comes to innovation and utilization of emerging technologies in the insurance industry, reinsurance companies once led the way as early adopters of technology. But recently, the primary insurance sector has...
London-Based MGA Castel Specialty Enters Construction and Engineering Market
Oct 17 2019 // Castel Specialty, the London-based division of club-style MGA formation platform Castel Underwriting Agencies Ltd., has entered the construction and engineering market, primarily focused on the UK, North America,...
Salus Workers’ Compensation Acquires Omaha’s Method Insurance Services
Oct 8 2019 // Salus Workers’ Compensation LLC (Salus), a managing general agent (MGA) and third-party administrator (TPA), has completed its acquisition of Method LLC d/b/a Method Insurance Services (Method), a full-service...
Wholesale Broker H.W. Kaufman Buys U.K. MGA and Cyber Specialist Node International
Sep 30 2019 // H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the acquisition of Node International, a U.K. managing general agent that specializes in cyber risk and...
Breckenridge Insurance Services Continues to Expand With the Hiring of Aaron Patterson as Vice President, Broker
Sep 18 2019 // Atlanta, GA, September 18, 2019 — Breckenridge Insurance Services is pleased to announce the hiring of Aaron Patterson, vice president, broker. Patterson brings a well-rounded commercial insurance sales and underwriting...
Fire Sprinkler Contractors Insurance Program Webinar to be Held Tuesday, September 10
Sep 9 2019 // Atlanta, GA, September 9, 2019 — Bob Leonhart and Cricket Thomas, CRIS, both executive vice presidents and program directors at Blue River Underwriters, will host an informative webinar on the Fire Sprinkler Elite...
Ryan Specialty Group’s Transactional Risk Unit, Hunter George, Gets a Name Change
Sep 4 2019 // Ryan Specialty Group Europe announced that its London-based transactional risk managing general underwriter, Hunter George & Partners, is changing its name to RSG Transactional Risks Europe. The dedicated transactional...
One General Agency Acquires Renewal Rights to Oklahoma City MGA’s Business
Aug 26 2019 // One General Agency (OGA) has acquired the renewal rights to the book of business previously owned by Oklahoma City-based Acton Inc. (Acton). Acton President Eric Acton will be joining the OGA staff. One General Agency...
Arch Insurance to Buy Coastal Commercial Property MGU Ventus Risk Management
Aug 19 2019 // Arch Insurance North America has agreed to acquire Ventus Risk Management, a technology and analytics-driven managing general underwriter that specializes in providing coastal commercial property insurance solutions to...
Breckenridge Insurance Services Hires Professional Liability Broker George Boldarini
Aug 15 2019 // Atlanta, GA, August 15, 2019 — Breckenridge Insurance Services is pleased to announce the hiring of George Boldarini, RPLU, AU, vice president, broker, professional liability. Boldarini has nearly 20 years of insurance...
Execs: Wholesalers at Center of Topa Plans After Acquisition of California Insurer
Aug 9 2019 // Two key executives involved in the acquisition of Topa Insurance Group by Altamont Capital Partners who spoke about the deal were emphatic about one thing: wholesalers will continue to be the center of the company’s...
RSG MGA EmergIn Risk Enhances Agent, Broker E&O Program
Aug 8 2019 // EmergIn Risk, part of the Ryan Specialty Group family and a division of RSG Underwriting Managers, has expanded its insurance agents and brokers professional liability program, [In]fuse to include new coverage and less...
Property Insurance Veteran Stephen Manahan Joins Blue River Underwriters
Aug 7 2019 // Atlanta, GA, August 7, 2019 — Stephen Manahan has joined the Specialty Property Program team of Blue River Underwriters, part of Breckenridge Insurance Group, as vice president, underwriting. Manahan brings more than 25...
U.S. Risk Acquires Houston’s U.S. E&O Brokers
Aug 5 2019 // Dallas-based property/casualty insurance wholesaler and managing general agent (MGA), U.S. Risk LLC, has acquired U.S. E&O Brokers (U.S. E&O), a wholesale broker and MGA. U.S. E&O is headquartered in Houston,...
People
Aug 5 2019 // National Linda Dodson The Vertafore technology users network, NetVU, has named Linda Dodson as executive director. Dodson’s career has included work in an insurance agency and with agency carriers. She began her...
AXA XL, Vindati to Offer Ocean Cargo Insurance Via Online Platform
Jul 29 2019 // AXA XL’s U.S. marine insurance business and Vindati, an insurtech managing general underwriter (MGU) offering specialty products and an integrated shopping experience for brokers and agents, have partnered to offer...
Nexus Buys Specialist Financial and Professional Lines MGA, Plus Risk Ltd.
Jul 29 2019 // Independent specialty managing general agent Nexus Group has acquired Plus Risk Ltd. (PRL), a London-based financial and professional lines MGA, providing management liability and niche professional indemnity...
MGAguard to Offer Specialty Insurance Products Via Technology Platform
Jul 25 2019 // MGAguard, a new technology-enabled platform funded by Cerberus Capital Management, L.P. and its affiliates and funds managed by TCW Asset Management Co., has launched with a focus on offering specialty insurance...
