There will be fewer insurance agencies operating in the property/casualty insurance industry in the future and those that remain will be larger and more tech-savvy, says an insurance-focused executive at the consulting firm, Ernst & Young (EY). Ed Majkowski, EY’s …
On a first quarter results call W.R. Berkley Corp. President and CEO Robert Berkley cited a growing and alarming level of tension between carriers and distributors, driven by what he called a fight to grow margins in the face of …
Timing is everything. That statement could apply to many things in life but when it comes to transferring insurance agency ownership from one family member to another the timeframe is critical, according to a father and son who have executed …
