Agents & Brokers News

Bock Joins Kemper as CFO

Elizabeth “Libbie” Bock will join Kemper Corp. as the chief financial officer for its Property & Casualty Group, effective May 20. In her new role, Bock will report to Denise I. Lynch, Kemper’s Property & Casualty Group executive, and will …

Willis North America Appoints Japan Global Practice Group Co-Leaders

Willis North America has named Brian Murphy and Hiromoto Ushiki as North American Practice co-leaders of the Japan Global Practice Group. Murphy and Ushiki assume the position previously held by Junji Hamada who retired in April 2013. Willis North America’s …

Rockwood Decreases Agent E&O Rates in Massachusetts, California, Texas

Rockwood Programs has implemented underwriting guideline changes to its P&C Agents E&O program. The modifications will result in a rate decrease in the states of California, Massachusetts, Nevada, and Texas. The exact amount of the decrease will be dependent on …

Zurich Expands Community Banking Products to Zurich Agency Services Agents

Zurich is now working with Zurich Agency Services, Inc., to expand its community banks offering additional agents and brokers. As part of this effort, Zurich worked with ZAS, formerly Universal Underwriters Insurance Services, Inc., to develop an online portal that …

How to Grow Your Agency by Asking and Answering the Right Questions

One of the “secrets” to building an agency, or any business for that matter, is to ask introspective questions and to answer them thoughtfully. For an operation that sells contractual promises, written by others, these queries cover a lot of …

New + Old = Workforce Success: Commentary

For the first time in history, American companies now have five generations of employees in the workforce: the silent generation (born 1925-45), baby boomers (1946-64), generation X (1964-80), generation Y (1980-90) and millennials (after 1990). Each generation has its own …

Remember E&O When Buying or Selling an Agency: Pearsall

While the industry seemed to see a spike in mergers and acquisitions activity in 2012 due to some tax implications, many are projecting that 2013 will see some healthy buying and selling, too. While there are many issues to address …

UK MGAA Members Write over $3.85 Billion in Gross Premiums

New members joining the UK Managing General Agents’ Association (MGAA) since the beginning of 2013 have increased the total combined gross written premium represented by the Association’s membership to over £2.5 billion [$3.85 billion]. “The total membership now includes 64 …

Burand’s Agency E&O Blog: Tip #31

Record Retention. It’s not as simple as everyone thinks. Significant and dangerous myths exist relative to this increasingly important topic. The first myth is that “records” means all records, not just paper records. Second, the solution is not to keep …

The Risks of Insuring the Cloud

Hollywood would have us believe that some smart, awkward computer guy in his 30s living in his mother’s basement is to blame. Surrounded by a dozen computer screens with an IQ of 150, this cyber character enjoys targeting large companies …