Agents & Brokers News

How Workers’ Comp Helps People to Recover: NCCI CEO Commentary

Every year there are more than two million workplace injuries in the United States. Behind each of those claims is a firefighter, a construction worker, or a mechanic. They’re our moms, dads, sisters, brothers, and neighbors. One of them is …

What to Expect in Agency Technology

To say the agency technology space is robust is an understatement. Right now, the industry is seeing an “onslaught of technology available to enable agents and brokers to better manage, not only their business, but also their customer base,” says …

Digital Car Repair Platform Fixico Raises €7M to Expand Internationally

Fixico, the Amsterdam-based digital platform for car damage repair, has raised €7 million ($7.9 million) to grow its international footprint and fleet and insurance partnerships. The technology company offers a digital platform that seamlessly handles car repair for consumers, insurers, …

Arthur J. Gallagher Acquires Australia Workplace Risk Consultant P2 Group

Arthur J. Gallagher & Co. announced the acquisition of Hawthorn, Victoria-based P2 Group. Terms of the transaction were not disclosed. Founded in 2003, P2 Group helps employers proactively manage occupational health and reduce the risk of worker injuries and WorkCover …

Hub International Acquires Canada Retirement Consulting Firm Porchlight Financial

Insurance broker Hub International Ltd. announced it has acquired Porchlight Financial, based in Vancouver, British Columbia. Terms of the transaction were not disclosed. Porchlight Financial is a full-service group retirement plan consulting firm with 25 years of experience in helping …

London Market Broker BMS Partners with BitSight to Provide Cyber Risk Analysis

BMS Group, the London-based independent specialist re/insurance broker, has partnered with BitSight, a cyber security ratings company, to provide cyber risk analysis services to BMS clients across all lines of business. More than 1,500 organizations are using BitSight Security Ratings …

Agents (Still) Looking for Underwriting Sweet Spot: Channel Harvest Survey

Whether technology is driving a “one size fits all” underwriting approach or carriers are narrowing their strike zone, this year’s independent agency survey from Channel Harvest reveals agents continue to ding companies for lack of flexibility. The latest Channel Harvest …

Canada Broker Navacord Acquires Demers’ Insurance in Alberta

Toronto-based broker Navacord Corp. announce it has the addition of Bonnyville, Alberta-based Demers’ Insurance Ltd., effective June 3, 2019. Financial details of the transaction were not disclosed. Serving Bonnyville and the surrounding community since 1978, Demers’ Insurance will operate as …

Hub International Buys Saskatchewan-Based Broker, Cottenie & Gardner

Hub International Ltd., the Chicago-based global insurance brokerage, announced that it has acquired Cottenie and Gardner Inc., a Kamsack, Saskatchewan-based independent broker. Terms of the transaction were not disclosed. Cottenie & Gardner provides personal and commercial insurance solutions, including in …

Canada’s Western Financial Acquires Ontario Brokerage EGM Insurance Group

Western Financial Group has furthered its strategic expansion in Ontario with the acquisition of EGM Insurance Group. Financial details of the acquisition, which is Western’s third brokerage acquisition in Ontario, were not disclosed. Pembroke, Ontario-based EGM had its roots as …