Agents & Brokers News

Young Brokerage Founder Seeks to Target ‘Underserved’ High Net Worth Space

As a self-taught app developer, when Hayden Kopser sees a problem, he seeks to build a solution. So, when he observed during his time working at AIG that some brokerages weren’t adequately servicing high net worth accounts, he saw an …

Crane Named CEO of Specialist Re/insurance Broker THB Group

THB, the specialist insurance and reinsurance broker, announced that Matthew Crane has been named chief executive officer of THB Group and president of the International division of AmWINS Group, Inc., global distributor of specialty insurance products and services. Crane succeeds …

Gallagher Releases Pandemic Group Insurance Product for India’s Front-Line Workforce

International insurance broker Gallagher announced the release of a Pandemic Group Insurance product, providing a comprehensive COVID-19 indemnity cover solution to the India market. For essential workers and front-line services including hospital and healthcare providers, food distribution, and pharmaceutical manufacturers, …

Willis Towers Watson Withdraws 2020 Target on COVID-19 Crisis; Q1 Revenues Up 7%

Willis Towers Watson is withdrawing its 2020 guidance due to the uncertainties caused by the COVID-19 pandemic. The broker said it will re-assess the guidance once it has a clearer understanding of the depth, duration, and geographic reach of the …

Non-Life Insurance Claims from Pandemic to Surpass 9/11 Claims: Willis Towers Watson

Insurance broker Willis Towers Watson on Friday estimated general insurance losses between $32 billion and $80 billion across key classes in the United States and UK from the novel coronavirus, surpassing claims from the 9/11 attacks. A report by the …

6 Ways Insurance Brokers Can Be a Resource to Clients During COVID-19 Crisis

Risk managers at companies of all kinds have been forced to rapidly evaluate how the coronavirus pandemic is affecting their businesses. They’ve had to react quickly with limited information while trying to forecast future developments. At the same time, they …

Brokerslink Network Expands in Latin America with Two Broker Affiliates

Global broking business Brokerslink announced the addition of two Latin American affiliates to its network: Asescor S.R.L. Corredor de Seguros (Asescor), based in Bolivia, and CyR Consultores in El Salvador. Asescor, headquartered in Santa Cruz de la Sierra, is a …

Broker NFP Buys UK’s Johnson Fleming Group Ltd.

NFP Corp., the New York City-based insurance broker and consultant, announced the acquisition of Johnson Fleming Group Ltd. and Johnson Fleming Future Life Planning Ltd. (together, Johnson Fleming). The transaction closed on Jan. 17, 2020 for an undisclosed sum. Johnson …

Aon’s Reinsurer Trading Portal, ABConnect, Receives Accreditation from Lloyd’s

Insurance and reinsurance broker Aon has received accreditation from Lloyd’s for its reinsurer trading portal, ABConnect Placements. Following the recent deployment of Aon’s binding function, the Lloyd’s Franchise Board provided “conditional recognition” of Aon’s ABConnect Placements platform so valid contracts …

Brokerslink Network Strengthens African Presence with Broker in Republic of Congo

Global broking business Brokerslink has announced the addition of African broker Gramon to its international network. Based in Brazzaville, Congo, the broker strengthens Brokerslink’s presence in the Africa region, an area of strategic significance to the organization. Established in 2012, …