Agents & Brokers News

Ascinsure: Retailer-Owned Wholesale Broker Rebrands in a Down Market

Trust us. That, in a nutshell, is the underlying message behind a new rebranding campaign for Ascinsure Specialty Risk, the wholesale broker subsidiary of Pittsburgh-based retail brokerage Allied Insurance Brokers. The rebranding includes a name change (it’s pronounced, “uh SIN …

People

Stephen M. Franz was named senior vice president of Dallas-based managing general agency and wholesale broker Capstone Underwriters LLC. Franz has been with Capstone since 2004. Prior to Capstone, he held positions at all levels of the property/casualty insurance industry …

TV and Radio: To Advertise or Not?

One Texas Agency Has Figured Out How to Make It Work Is advertising on radio and television a cost-effective way to help expand an independent insurance agent’s book of business? It may not be for everybody, but Criss Sudduth says …

It Figures

$60 Million Reported price to be paid by Deutsche Bank for AIG’s building at 72 Wall St. to a consortium of owners, including a South Korean investment banking firm that purchased the building last year. The building comprises one of …

Declarations

Concerns About Claims “I have a concern that BP is stalling claims. Yes, BP is stalling. I doubt they are stalling for money. It’s not that. I just don’t think they know the answers to the questions (by claimants).” —Kenneth …

Unleash the Power of Your Computer

How to Gain More Hours a Day Computers should bring efficiency and save a lot of time. But they can actually waste time if you don’t use them properly. Most agencies have an agency management system and a rating system, …

How Program Partners Can Help Agents Sell Value

There is a quote from Warren Buffet that I want to put on my wall and send to all my colleagues: “Price is what you pay. Value is what you get.” Agents, brokers and underwriters should heed Mr. Buffet’s advice. …

People

Thomas Allan has joined Boston-based Richards Robinson Sheppard Insurance as vice president. Allan specializes in construction accounts and has over 35 years of experience in the industry. Prior to joining Richards Robinson Sheppard Insurance, he served as producer and account …

Business Moves

Hub International, Maple Leaf Insurance Chicago-based Hub International Ltd. announced that its Transportation Insurance operating unit acquired the retail book of business from Maple Leaf Insurance Agency Inc., a Bremerton, Wash.-based brokerage firm that serves trucking companies throughout the United …

Declarations

New England Wind “The barn was completely flattened.” —Kati King, of Gorham, Maine, where 54 mph winds destroyed her 150-year-old, 40,000-square-feet cow barn. Similar scenes were recorded throughout New England and New York as unusually powerful windstorms battered the region …