growth potential News

USI Targets Southeast for Growth with Newly-Acquired Georgia Offices

Following USI Insurance Services’ acquisition of two insurance brokerage offices in Savannah, Ga., from Wells Fargo Insurance and Willis North America, the USI Southeast region has announced it plans to aggressively grow this market through ongoing investment and future expansion. …

The PIA Partnership Launches Growth Tool For Agency Members

The National Association of Professional Insurance Agents (PIA) and its agency-company council, The PIA Partnership, have designed a new tool to help independent insurance agenciesgrow and increase profits. “Closing the Gap – Growth & Profit” provides agents with calculators to …

MAPFRE Enters Indonesian Market with 20% Stake in ABDA

Spain’s MAPFRE announced that it has acquired a 20 percent stake in the Indonesian insurance company Asuransi Bina Dana Arta (ABDA), and “has established a partnership in which MAPFRE becomes the industrial insurance partner that will provide the necessary expertise …

S&P Sees High Growth Potential for India’s P&C Market

Standard & Poor’s Ratings Services has published a report, which concludes that the Indian non-life insurance sector has “substantial growth potential because market penetration remained low–leaving significant room for further growth.” S&P’s article – “The Indian Non-Life Insurance Sector Is …