Agents & Brokers News

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Roofers Market Detail: Leo Risk Services, a regional wholesale broker, has markets for roofing contractors …

Markel Completes Acquisition of Aspen, FirstComp

Markel Corp. has completed the previously announced acquisition of Aspen Holdings, Inc., a privately held insurance group that provides workers compensation insurance and related services, principally to small businesses, in 31 states. Aspen, which is headquartered in Omaha, Nebraska, operates …

New Jersey Insurance Broker Pleads Guilty in Loan Scheme

A former partner in a New Jersey insurance brokerage firm has admitted stealing more than $20 million in a fraudulent loan scheme. Forty-eight-year-old Gavin Gatta of Wayside pleaded guilty in U.S. District Court in Newark to a wire fraud charge. …

Who’s Giving in Federal Politics

Top Insurance Contributors to Federal Candidates and Parties Property/casualty insurance advocacy groups, including the Independent Insurance Agents & Brokers of America, the Council of Insurance Agents & Brokers and the Property Casualty Insurers Association of America again made the top …

Lloyd’s McGovern Works to Expand No. American Business; Part II

Sean McGovern now heads Lloyd’s operations in the U.S. and Canada – the first and third largest sources of business for its underwriters. Lloyd’s not only wants to hold on to that business, but also to increase it. “We’re in …

People

Hylant Group, headquartered in Toledo, Ohio, promoted Tammy Vaughn Cameron to vice president, marketing and branding. Cameron joined Hylant Group in 2006 as director of marketing and public relations. In this role, she spearheaded numerous branding and marketing communications initiatives …

User Experience and the Generation Gap

Currently, the insurance industry is on the brink of a demographic shift, and as more young professionals begin to enter the field and veterans begin to retire, a whole new set of expectations arises regarding technology and solutions. Today’s young …

Markel International further expands bloodstock, livestock business

Markel International will further expand its bloodstock and livestock business with the acquisition of the renewal rights of the bloodstock and livestock book currently written by Talbot Underwriting Ltd. Sophie Dunkerley and Alex Colquhoun will join Markel from Talbot to …

A New Way to Reach Consumers

Fiesta Auto Insurance Combines Insurance and Tax Preparation Services Under One Roof Modeling an insurance agency business after a sandwich shop might sound like an unusual goal, but that’s what John Rost, founder, president of CEO of Fiesta Auto Insurance …

The Power of More

Why the Time is Right for Agency Networks They go by many names — networks, alliances, franchises, clusters and aggregators — but all have similar goals. Aggregator groups have been around the insurance industry for more than three decades but …