wholesale broker News

Venture Capital Firm Buys California Wholesaler Yates, Rolls Out Growth Plan

Scottish American Capital, a venture capital group with a cache of high net worth individuals, has purchased 80 percent of Tustin, Calif.-based Yates & Associates and given founder Jim Yates a three-year contract as chairman. The company said it now …

Field to Head Sales for Swett & Crawford’s New York City Office

Harold Field has been given leadership and profit center responsibility of the New York City office for wholesale broker Swett & Crawford. In addition to his new sales leadership responsibility, Field will continue to serve as a broker in the …

Henderson Joins AmWINS in Florida

Wholesale broker AmWINS Group Inc. said that Brian Henderson has joined the company as executive vice president. Henderson joins AmWINS from Peachtree Special Risk Brokers, a division of Brown and Brown Insurance, where he was a senior vice president and …

Roth Joins XS Brokers to Head New Connecticut Office

Patricia Roth has joined XS Brokers Insurance Agency Inc., a Northeast excess and surplus lines wholesale brokerage and managing general agency firm based in Quincy, Mass. Roth has joined the firm’s senior management team as an executive vice president in …

Wholesaler All Risks Expands Orlando Branch; Names Deising Manager

Wholesale insurance broker All Risks, Ltd. reports that Don Deising has been hired to lead its Orlando, Florida operation as branch manager and senior broker. Deising will produce new business while leading the Orlando office. All Risks also announced the …

Appalachian Underwriters Buys Reliance Administrators of South Carolina

Tennessee-based wholesale insurance broker Appalachian Underwriters Inc. has obtained the assets of Reliance Administrators, Inc., a Rock Hill, South Carolina wholesaler that specializes in workers’ compensation, commercial lines and niche programs. Robert Arowood, president, Appalachian Underwriters Inc., said that Reliance …

R-T Specialty to Acquire American E&S from Wells Fargo

Chicago-based R-T Specialty, the wholesale brokerage unit of Ryan Specialty Group, has agreed to purchase the wholesale insurance business of American E&S Insurance Brokers (AES) from Wells Fargo Insurance Services. R-T Specialty said it will acquire substantially all of the …