Agents & Brokers News

Broker MDS Holdings Acquires Quorum Saude

Iberian and Latin American broker MDS Holdings has acquired broker Quorum Saude, Seguros e Previdência and has appointed its founder Hélio Novaes as CEO of its Brazilian operations. “Quorum is a well known multi-line broker in the Brazilian market with …

Stronger Economic Times Add to Recruitment Challenges

People are a company’s greatest asset. Yet finding the right people is often challenging, particularly in the insurance industry. While the economic downturn put a hold on hiring for many firms, the seemingly steady recovery of the U.S. and Canadian …

Best Issues Special Report on China: ‘A Dangerous Wind or An Opportunity?’

The Chinese insurance and reinsurance market is “well positioned to continue to grow and is entering a new stage in its development,” according to a new report reveals from A.M. Best. Best said its analysis of the world’s seventh-largest insurance …

People

K&K Insurance, based in Ft. Wayne, Ind., named Todd Bixler president and CEO. Bixler joined K&K Insurance in 1986 as controller, responsible for financial reporting and accounting operations. His subsequent positions of increasing responsibility with K&K included chief financial officer, …

Early frost. It’s time to hunt, harvest and sow

This weekend in Minnesota, the woods had a telling tinge of the coming brilliant reds and golds of autumn. The sun pitched its rays at a slightly longer angle, hinting at the passing of yet another short summer. Saturday morning, …

6 Ways Agents Fail Their Workers’ Compensation Customers

Agents Can Easily Fall into the Trap of Poor Service and Not Even Know It Like most agents, you work hard at writing new accounts, what salespeople through the years have referred to as “getting the fish in the boat.” …

Fireman’s Fund Ready to Rally

Fireman’s Fund’s financials, like other insurance carriers’, got bruised a little in the first half of 2010, following some heavy catastrophe losses. But in an exclusive mid-year market update, company President and CEO Mike LaRocco said he’s “very bullish” about …

Business Moves

Unisource Program, U.S. Risk Specialty lines underwriting manager and wholesale broker U.S. Risk Insurance Group Inc. has taken over Florida-located Unisource Program Administrators, a wholesaler of workers’ compensation, for an undisclosed sum. The deal will enable the Dallas-based U.S. Risk …

People

Former AIG Chief Executive Officer Martin Sullivan, who was ousted three months before the U.S. government bailed the insurer out, is joining Willis Group Holdings PLC. Sullivan will head a new unit – Willis Global Solutions– that will oversee brokerage …

6 Ways Agents Fail Their Workers’ Compensation Customers

Agents Can Easily Fall into the Trap of Poor Service and Not Even Know It Like most agents, you work hard at writing new accounts, what salespeople through the years have referred to as “getting the fish in the boat.” …