Agents & Brokers News

Agency Valuations: A Victim of the Credit Bubble?

In the early 1700s, John Law, a brilliant mathematician, advised the French government their economy could be improved by printing lots of paper money not backed by gold or silver. The key was getting people to trust the paper money. …

Gillispie Joins Highland Risk Services in Chicago as VP

Ryan Gillispie has joined Highland Risk Services in Chicago as vice president effective Sept.1, 2010. Gillispie is responsible for wholesale brokering of property and casualty insurance for long term care facilities and allied health providers through a network of retail …

Heffernan Financial Services Names Dreher VP

San Francisco-based Heffernan Financial Services, a division of Heffernan Insurance Brokers, has added Robert J. Dreher as vice president and chartered retirement plans specialist to its Financial Services division. Prior to joining Heffernan, Dreher was a financial advisor for Ameriprise …

Matson, Norris, Hall and Hayes Join Wholesale Trading Co-Op

Wholesale Trading Co-Op LLC has added Erik Matson, Bruce Norris, Kenyon Hall and Joe Hayes to its wholesale professional and leadership group. Matson will be a managing partner, bringing more than 25 years of insurance underwriting, reinsurance, specialty program development, …

Aon Announces Leadership Team for Merger with Hewitt

Insurance broker Aon Corp. said it has finalized a five-year employment agreement with the head of Hewitt Associates, the benefits and human resources consulting giant it agreed to purchase earlier this year. Russell P. Fradin, current chief executive officer of …

ISU Adds L/P Insurance Services to Network

ISU International is pleased to welcome ISU L/P Insurance Services to the ISU Network. ISU L/P Insurance Services, a 40-employee agency in Reno, Nev., was launched by President Nick Rossi on September 1. The company is a full-service insurance brokerage, …

Navigators Rebrands Retail Logistics Unit; Names Kritz President

Navigators Management Co. Inc. has rebranded its retail brokerage division presently known as Navigators Logistics Insurance Services. The division will now be called iTrade Risk & Insurance Services. The company said retail unit will have outlets in five cities and …

National Alliance, Univ. of Central Ark. to Offer Insurance Designation

The National Alliance for Insurance Education & Research, in partnership with the University of Central Arkansas, will offer the University Associate Certified Insurance Counselor (UACIC) designation for university students, which not only provides them a designation before they graduate, but …

Willis India to Appeal Insurance Regulators’ Decision on License

Willis Group Holdings announced today that it will appeal a decision by India’s Insurance Regulatory & Development Authority (IRDA) that it is “not inclined to accept” the license renewal application of the broker’s joint venture in India, Willis India Insurance …

Ironshore Partners with Palmer & Cay on Timberlands Insurance Program

Ironshore Inc. has launched a Timberlands Insurance Program designed by Palmer & Cay, LLC for institutional timber tract owners and managers. Ironshore will underwrite a portfolio of policies created exclusively by Atlanta-based broker Palmer & Cay, LLC for the protection …