Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Keesey Joins Cannasure Insurance Services as Sr. Underwriter in Ohio
Apr 25 2019 // Cannasure Insurance Services (Cannasure), a Cleveland, Ohio-based managing general agent and wholesale insurance broker for the cannabis and hemp industries, hired Jenna Keesey as a senior underwriter in its growing MGA...
Tokio Marine’s ProAg to Acquire AmTrust Financial’s Crop Insurance MGA
Apr 22 2019 // Producers Ag Insurance Group Inc. has agreed to acquire Leawood, Kan.-based managing general agent AmTrust Agriculture Insurance Services. The deal, which is subject to regulatory approvals, is expected to close by May 1....
People
Apr 15 2019 // National American International Group has named Carla Ferrara as head of communications for AIG’s Investments organization. Ferrara will be based in New York and report to Elaine Rocha, chief operating officer of AIG...
UK-Based MGA EPUL Launches Coverage Solution for Unorthodox Property Risks in UK
Apr 4 2019 // European Property Underwriting Ltd. (EPUL), a commercial property managing general agent (MGA), has launched “Solutions,” a package of covers specifically designed to address the challenges that brokers face in...
UK Specialty MGA Nexus Buys an MGA and a Broker – All in One Day
Apr 3 2019 // UK specialty managing general agent (MGA) Nexus Group lived up to its description as an “acquisitive insurance intermediary holding company,” with the purchase this week of an MGA and an insurance broker. On...
Arch Insurance (UK) Ltd. Acquires UK MGA Axiom Underwriting
Apr 3 2019 // Arch Insurance (UK) Ltd., part of Bermuda-based Arch Insurance International, has completed the acquisition of UK managing general agency Axiom Underwriting, having initially purchased a 60 percent share of the business in...
8 Things to Consider When Buying or Selling an Insurance Agency
Apr 1 2019 // Insurance agency acquisitions and deal values are near an all-time high and all expectations are that deal flow in 2019 will match or exceed last year’s numbers. And while reported numbers tend to skew towards larger...
People
Mar 18 2019 // National Nashville-based auto insurer The General has appointed veteran insurance executive Tony DeSantis to president and CEO, joining Chief Operating Officer Steve Tjugum as the company’s top leaders. Elicia Azali...
H.W. Kaufman, Burns & Wilcox Canada Buy TRU Transportation Risk Underwriters
Mar 8 2019 // H.W. Kaufman Group and Burns & Wilcox Canada announced they have acquired Toronto-based TRU Transportation Risk Underwriters Ltd. (TRU), a Canadian managing general agent (MGA) with expertise in providing risk...
Jordan Named President, CEO of Atlanta-Based Breckenridge Insurance Group
Mar 6 2019 // Breckenridge Insurance Group has appointed David A. Jordan as president and chief executive officer of the wholesale insurance brokerage, programs and financial services company. Jordan succeeds founder and former CEO...
MGA Coalition Covers Firms with Cyber Exposure Under EU’s Data Privacy Law
Mar 4 2019 // Coalition, the San Francisco-based managing general agency that specializes in cyber insurance for small and mid-sized businesses, announced it is broadening coverage to include exposures to violations of the European...
R&Q’s EU Program Manager, Accredited, Forms Partnership with UK MGA Stabilis
Feb 28 2019 // Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary, Accredited Insurance (Europe) Ltd., has signed a new program underwriting partnership with Stabilis MGA Ltd., a UK...
New Investor Property Insurance Program Webinar to be Held Thursday, February 28
Feb 25 2019 // Atlanta, GA, February 25, 2019 — Jared Mathis, executive vice president and head of the Blue River Underwriters’ specialty property group will be presenting an informational webinar on a new investor property...
MGA Coalition Covers Firms with Cyber Exposure Under EU’s Data Privacy Law
Feb 20 2019 // Coalition, the San Francisco-based managing general agency that specializes in cyber insurance for small and mid-sized businesses, announced it is broadening coverage to include exposures to violations of the European...
Insurtech-Driven MGA, Agile, Appointed as StarStone Partner in Australasia
Feb 15 2019 // Agile Underwriting Services Pty Ltd., the insurtech-driven managing general agency (MGA) and Lloyd’s coverholder, announced it has been appointed as a representative agent for global specialty insurer, StarStone, in...
MGU Lodestar Marine and Aspen Insurance Form Agreement to Provide P&I Cover
Feb 13 2019 // Lodestar Marine, the London-based managing general underwriter, announced an agreement with Aspen Insurance to provide protection & indemnity insurance (P&I) to the owners and managers of small and specialized...
Ryan Specialty to Acquire International Specialty Insurance Services of North Carolina
Feb 13 2019 // Ryan Specialty Group, LLC has reached a definitive agreement to acquire the assets and operations of International Specialty Insurance Services Inc. (ISI), an independently owned managing general underwriter with offices...
Appalachian Underwriters Adds 4 to Missouri Workers’ Comp Unit
Feb 6 2019 // Appalachian Underwriters Inc. (AUI) has hired four workers’ compensation underwriting professionals in its St. Peters, Missouri, office. Tara Regan-Collins, senior underwriter, is a seasoned insurance professional,...
Insurance Tries to Keep Up with Sharing Economy
Feb 4 2019 // As more and more consumers click for services and borrow rather than buy, the sharing economy is benefitting. According to Harvard Business Review, the sharing or on-demand economy is attracting more than 22.4 million...
SIS Wholesale Insurance Services Launches Online Commercial Excess Program
Feb 1 2019 // Safebuilt Insurance Services, Inc. dba SIS Wholesale Insurance Services, a national commercial lines insurance program administrator, has launched an online Commercial Excess Liability program. This program offers follow...
