Agents & Brokers News

Lockton, Germany’s Funk Group Extend Service Pact

Two large privately-held and independent insurance brokers, U.S.-based Lockton and Germany’s Funk Group, said they will expand their risk management service alliance. Through the alliance, Funk will provide risk management support for Lockton clients in Germany, Switzerland, Austria and some …

Lockton Expands Risk Management Services with Germany’s Funk Group

Insurance brokers Lockton and Germany’s Funk Group announced that they will expand their risk management service alliance. “Through the alliance, Funk will provide risk management support for Lockton clients in Germany, Switzerland, Austria and some Eastern European countries,” said the …

Arthur J. Gallagher Acquires Illinois’ Premier Risk Services

Arthur J. Gallagher & Co. has acquired Premier Risk Services Inc. in Itasca, Ill. Terms of the transaction were not disclosed. Formed in 1986, Premier Risk Services is a retail insurance broker providing commercial property/casualty and employee benefits insurance and …

Kauffman Installed as President of Indiana Agents Group

The Independent Insurance Agents of Indiana has installed Byron C. Kauffman as president of the organization for 2011. Kauffman is with Wetzel Insurance Agency Inc., North Manchester, Ind. Other officers installed for 2011 are: President-Elect Edward S. Matthews, Edward Matthews …

Qantas Moves to Take Rolls-Royce to Court over Engine Failure

Qantas stepped up pressure on Thursday on engine maker Rolls-Royce to settle damages related to an engine failure on one of its giant Airbus A380 aircraft, but said it would keep the door open for an out-of-court settlement. Qantas said …

Brokerslink Adds Three New Members in Global Expansion

Brokerslink, one of the world’s largest independent insurance broker alliances, has added three new members expanding its presence in key geographical markets and specialist business areas. The new members include: CG&B Group, a Canadian broker providing full brokerage services in …

New York Dinner for Insurance Charitable Fund Tops $1 Million

The Insurance Industry Charitable Foundation (IICF) New York division has surpassed the $1 million mark for ticket sales for its 2010 benefit dinner, which will be held Wednesday Dec. 8, 2010, at the Waldorf-Astoria Hotel in New York City. “The …

RLI Creates New Professional Services Group

RLI Corp. has created a new Professional Services Group to expand its capabilities within the professional services market. The new group, formed by a merger of three existing products, will offer a portfolio of solutions to serve the growing number …

Michel Joins Marsh’s Global Rail Practice

Insurance broker Marsh appointed James N. Michel as a senior vice president in its Global Rail Practice. Michel, who will be based in Washington, D.C., has over 35 years’ experience in rail design and operations, with specialties in operational analysis, …

Colemont Texas Now Operating as AmWINS Brokerage of Texas

AmWINS Group announced that effective Dec. 1, the Texas operations of Colemont Insurance Brokers has been officially renamed AmWINS Brokerage of Texas. AmWINS and Colemont announced in April 2010 that they planned to merge. Combined, the two companies expect to …