Big “I” News

Big ‘I’ Report: Independent Agency Channel Placed 62% of Premiums in 2023

Independent agents placed more than 62% of all property/casualty insurance written in the U.S., according to the Independent Insurance Agents & Brokers of America (the Big “I”). The association’s 2024 Market Share Report said independent agents have high penetration rates …

New Survey Reveals How Independent Agents Are Adapting to the Hard Market

The hard market has independent agents “going the extra mile” to prioritize client communication, retention, technology and team morale. Trusted Choice, the national consumer brand representing the members of the Independent Insurance Agents & Brokers of America (the Big I), …

Big ‘I’ Report: Independent Agency Channel Slowly Growing

The independent agency channel is holding ground and showing slow, steady gains in lines of business penetration, including homeowners, according to the Big “I” 2023 Market Share Report. Based on 2022 data, this year’s report points to the growth of …

Talk With Fox’s Jesse Watters Leads to Big I CEO Rusbuldt’s ‘Disappointing’ Early Exit

Bob Rusbuldt — set to retire in about two months as chief executive of the Independent Insurance Agents and Brokers of America (The Big I) — was relinquished of his duties after an interview he conducted with Fox News host …

Thousands of New Independent Agencies Opened During the Pandemic: Study

The number of independent insurance agencies has increased and business conditions for agencies remain favorable, according to the 2022 Agency Universe Study. While the majority of agencies experienced increased revenue, that percentage was lower than in the previous study in …

Big I’s Symington Promoted to EVP Before Taking Over as CEO Next Year

Charles Symington has been appointed to the role of executive vice president at the Independent Insurance Agents & Brokers of America (the Big I), effective Oct. 1. Symington joined the Big I in 2004 on the government affairs staff. Since …

Big ‘I’ and Reagan Consulting Release 2022 Best Practices Study Results

As the independent agency channel moves past the coronavirus pandemic and into uncertain economic headwinds, Best Practices agencies achieved record highs in organic growth and profitability, according to the 2022 Best Practices Study by the Big “I” and Reagan Consulting. …

Big I President & CEO Rusbuldt to Retire Next Year

The longest tenured top executive of the Independent Insurance Agents & Brokers of America (Big I) has decided to step down. Bob Rusbuldt, who has been the CEO of Big I since 2001, informed the association’s national board of directors …

People Moves: Faylo New U.S. Cyber & Tech Leader at Lockton; Big ‘I’ Names Boggs VP of Agent Development; MGA Falcon Hires 3 Senior Leaders

Lockton appointed Michelle Faylo as its U.S. Cyber & Technology Leader. Faylo will lead Lockton’s team of skilled cyber specialists, delivering innovative and effective solutions to global businesses that face increasingly complex cyber risks. A 20-year veteran of the insurance …

People Moves: Godhwani, Bresnahan Assume New Top Posts at BHSI; Big I’s Flannagan to Retire; Aon Names Merlo as Claims Leader

Berkshire Hathaway Specialty Insurance Names Top Leaders Berkshire Hathaway Specialty Insurance (BHSI) announced Sanjay Godhwani has been named president, North America region, and David Bresnahan will take on the role of global chief operating officer. Peter Eastwood, president and CEO, …