Insurance Journal

SEPTEMBER 30, 2024

Ventis, the London-based commercial and residential real estate managing general agent, has expanded into Ireland, continuing its mission to deliver client service and capacity to brokers in the underserved middle of the property market. Ventis’ capacity will be distributed through …

Broker-Agent 277

Broker-Agent Commercial Agents Broker 277

Insurance Journal

JANUARY 7, 2025

insurance agents and brokers, but until recently that has been easier to assert than to achieve consistently. Boosting growth and profitability is a goal for all U.S. Booking organic growth is difficult, even for firms with strong sales cultures, and …

Broker 246

Broker Broker-Agent Insurance Agents Insurance Agent 246

Insurance Journal

AUGUST 12, 2024

The 22 acquirers that make up the Sica Fletcher Index were involved in 242 agent-broker deals in the first six months of 2024, totaling $635 million in revenue. That is a 45% drop in revenue from what was acquired during …

Broker 288

Broker Broker-Agent Agents 288

Insurance Journal

NOVEMBER 21, 2024

According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes rose … Respondents of a recent survey reported lower premium increases for all lines of business except umbrella during the third quarter.

Premium 246

Premium Commercial Broker-Agent Commercial Property 246

Insurance Journal

AUGUST 20, 2024

Commercial property/casualty premium increases in the second quarter 2024 were flat or down from the previous quarter for all lines of business—evidence of a softening insurance market, according to The Council of Insurance Agents & Brokers (CIAB) quarterly survey. Premiums …

Commercial 279

Commercial Commercial Property Broker-Agent Premium 279

Insurance Journal

JULY 17, 2024

This edition of International People Moves details appointments at managing general agent DUAL Europe and insurance broker WTW. A summary of these new hires follows here. DUAL Swiss Taps Tokio Marine’s Wyss as Managing Director DUAL Europe announced the appointment …

Broker-Agent 279

Broker-Agent Insurance Broker Broker Agents 279

PSM Brokerage

AUGUST 1, 2024

Registration and Training for Marketplace Agents and Brokers Plan year 2025 Marketplace registration and training is now available for new and returning agents and brokers on the Marketplace Learning Management System (MLMS). Returning agents and brokers can take training through the MLMS or the HHS-approved vendor(s).

Broker-Agent 92

Broker-Agent Broker Agents License 92

Insurance Journal

AUGUST 2, 2024

Ryan Specialty, a publicly traded provider of specialty products for insurance agents, brokers and carriers, has agreed to buy US Assure Insurance Services of Florida, a company specializing in builder’s risk insurance. Based in Jacksonville and founded in 1977, US …

Broker-Agent 264

Broker-Agent Risk Building Insurance Agents 264

Insurance Journal

NOVEMBER 20, 2024

The 22 acquirers that make up the Sica Fletcher Index were involved in 142 agent-broker deals in the third quarter to match the amount of deal from the same quarter last year. Members completed 385 acquisitions for the year as …

Broker 264

Broker Broker-Agent Agents 264

Insurance Journal

OCTOBER 20, 2024

National Todd Jackson, owner and partner of McGowan Insurance Group, has been named chairman of the Independent Insurance Agents & Brokers of America (the Big “I”). Jackson was installed as the 2024-2025 chairman of the industry group at its fall …

Broker-Agent 264

Broker-Agent Insurance Agents Insurance Agent Broker 264

Insurance Journal

AUGUST 5, 2024

Wholesalers are a bridge between retail agents/brokers and the markets that provide the specialized coverages that retailers need for their most challenging risks. This post is part of a series sponsored by Dyad. Their success hinges on two crucial factors: …

Broker-Agent 246

Broker-Agent Broker Agents Risk 246

Insurance Journal

SEPTEMBER 1, 2024

The 22 acquirers that make up the Sica Fletcher Index were involved in 242 agent-broker deals in the first six months of 2024, totaling $635 million in revenue. That is a 45% drop in revenue from what was acquired during …

Broker 246

Broker Broker-Agent Agents 246

Insurance Journal

NOVEMBER 3, 2024

For property/casualty insurance brokers and agents, understanding permissible fee structures is crucial to maintaining compliance and avoiding penalties. Todayis insurance regulatory landscape can be a tricky one, particularly when it comes to charging fees. With state laws varying widely and …

Broker-Agent 246

Broker-Agent Casualty Insurance Insurance Broker Broker 246

Insurance Journal

SEPTEMBER 30, 2024

Verve Risk Services, the London-based managing general agent, announced the launch of a captive insurance product and its “Verve Aura” broker portal, designed to meet evolving customer needs. Formed in 2016 and supported by OneAdvent, the specialist MGA services platform, …

Broker 246

Broker Broker-Agent Agents Insurance 246

Insurance Journal

JANUARY 7, 2025

Ryan Specialty, a specialty insurance services firm and trading partner for agents and brokers, plans to acquire Nashville-based Velocity Risk Underwriters, with a closing date early this year. Velocity Risk, providing coverage for catastrophe-exposed properties, is a managing general underwriter …

Underwriter 244

Underwriter Underwriting Risk Broker-Agent 244

Insurance Journal

DECEMBER 18, 2024

Washington Insurance Commissioner Mike Kreidler issued fines totaling $576,500 against insurance companies, agents, brokers and unlicensed entities in October and November of 2024 for violations of state insurance laws and regulations. The fines included $100,000 levied against PacificSource Health Plans …

Broker-Agent 242

Broker-Agent Broker Agents Insurance Companies 242

Redbird Agents

MARCH 18, 2025

Whether you are considering retirement, looking to capitalize on the market value of your agency, or exploring strategic mergers, our team of seasoned business brokers is committed to guiding you through every phase of the sales process. How do independent insurance agents maximize their earnings from a sale?

Insurance Agency 130

Insurance Agency Broker-Agent Insurance Insured 130

Rough Notes

JANUARY 31, 2025

Past Rough Notes cover agents and brokers have spoken. CONGRATULATIONS, SOUND PACIFIC INSURANCE By Dave Willis, CPIA The votes are in. And we have a winner.

Broker-Agent 105

Broker-Agent Broker Agents Insurance 105

Insurance Journal

FEBRUARY 13, 2025

This edition of International People Moves details appointments at the broker BMS and the managing general agent DUAL UK. A summary of these new hires follows here. BMS Taps Howden Re’s Biddell as Managing Director and Head of London P/C …

Broker-Agent 223

Broker-Agent Underwriter Underwriting Broker 223

Insurance Journal

FEBRUARY 23, 2025

The 22 acquirers that make up the Sica Fletcher Index were involved in 533 agent-broker deals in 2024, down 6% from 2023. Members completed 146 acquisitions during the fourth quarter of 2024. This was 11% less than a year ago.

Broker 217

Broker Broker-Agent Agents 217

Distinguished

APRIL 9, 2025

A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Unlike agents or brokers, MGAs can bind coverage, price policies, and handle claims they essentially act as an extension of an insurer. How do MGAs Differ From Insurance Brokers?

Agents 52

Agents Broker-Agent Broker Underwriter 52

PSM Brokerage

FEBRUARY 27, 2025

With this drastic funding reduction, more consumers will likely turn to licensed insurance agents and brokers to navigate their coverage choices. In previous years, studies have shown that Navigators were significantly more involved in Medicaid and CHIP enrollments compared to brokers. What Does This Mean for Insurance Agents?

Insurance Agents 52

Insurance Agents Insurance Agent Agents Broker-Agent 52

Insurance Journal

APRIL 17, 2025

A former Friendswood, Texas insurance agent turned himself into authorities last week over charges that he fraudulently brokered insurance policies, the Friendswood Police Department announced. Edgar Peralta of Edgar Peralta with Peralta Insurance Brokerage LLC, is charged with theft, a …

Broker 165

Broker Insurance Broker Broker-Agent Theft 165

PSM Brokerage

JANUARY 22, 2025

As an agent, broker, or web-broker, you are tasked with connecting individuals and families with the health insurance they need, all while adhering to strict compliance guidelines. Fair Competition: Compliance creates a level playing field for agents and brokers.

Agents 52

Agents Broker-Agent Broker Out-Of-Pocket 52

Insurance Journal

APRIL 6, 2025

For many years, agents and brokers have advised clients about the benefits of telematics in reducing commercial auto risks. So, why havenit market conditions improved, and why is distracted driving still so prevalent? The answer comes down to follow- through.

Risk 162

Risk Broker-Agent Commercial Broker 162

Insurance Journal

FEBRUARY 19, 2025

CFC Launches Cyber Portfolio Quoting for American Brokers CFC said it has launched a new service to automate quoting for up to thousands of policies. Initially available for CFC’s cyber products, US brokers can now bulk quote their entire book …

Broker 147

Broker Cyber Broker-Agent Liability 147

Insurance Journal

MARCH 31, 2025

Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? This is the final call for participating in this year’s Young Insurance Agents Opinion Survey! The deadline for participating is April 1.

Agents 147

Agents Insurance Industry Insurance Agents Insurance Agent 147

Friendly Agent

SEPTEMBER 21, 2020

The movie tackles the lives of stockbrokers and also talks about the life of their partners, insurance agents. When you think you would be able to find valuable satisfaction in life when you help protect the security and well-being of people dear to you, the career as an insurance agent is very fulfilling. Here we go.

Insurance Agents 130

Insurance Agents Insurance Agent Agents Broker-Agent 130

Friendly Agent

FEBRUARY 12, 2020

In this article, I have compiled some of the best insurance podcast which I feel are beneficial for Insurance Agents, Brokers, insurtech startups and even carriers. In some or all of these podcasts, you can expect Sales, Marketing and Operations related subjects which can help insurance agencies and brokers. Latest Podcasts 2.Insurance

Agents 130

Agents Broker-Agent Insurance Agency Insurance 130

Insurance Journal

APRIL 20, 2025

The Council of Insurance Agents & Brokers (CIAB) reports that fourth-quarter … Wouldn’t it be nice to know what the future holds? The insurance market, the economy, and consumer expectations are all shifting, making it hard to know where to focus.

Broker-Agent 147

Broker-Agent Insurance Agents Insurance Agent Broker 147

Insurance Journal

FEBRUARY 4, 2025

The 22 acquirers that make up the Sica Fletcher Index were involved in 533 agent-broker deals in 2024, down 6% from 2023. Members completed 146 acquisitions during the fourth quarter 2024. This was 11% less than a year ago. Total …

Broker 173

Broker Broker-Agent Agents 173

Insurance Journal

OCTOBER 20, 2024

As if it were yesterday, I vividly remember going to my first catastrophic fire loss with my dad at the young age of nine. It was a house fire in Sarasota involving a resident falling asleep with a lit cigarette.

Insurance Agent 279

Insurance Agent Insurance Agents Agents Claim 279

Friendly Agent

OCTOBER 28, 2020

How do you become the best real estate agent in your area? If you love meeting people and being your own boss, then surely you’re fit to become a real estate agent. In this article, I will be giving you tips to help you increase your income and marketability as a real estate agent. What Does a Real Estate Agent Do?

Agents 130

Agents Broker-Agent License Building 130

Redbird Agents

APRIL 15, 2024

It looks like you’re here to learn how to become a Medicare insurance agent? This article breaks down the 8 steps required to start and maintain a successful career in Medicare sales and build a residual six-figure income in five years or less (I’ve coached many agents who have accomplished this in 24 months or less).

Insurance Agent 130

Insurance Agent Insurance Agents Agents License 130

Insurance Journal

OCTOBER 24, 2024

Washington Insurance Commissioner Mike Kreidler issued fines totaling $302,500 against insurance companies, agents, brokers and unlicensed entities in July, August and September for violations of state insurance laws and regulations. Among those actions was a $40,000 fine issued to Allstate …

Broker-Agent 147

Broker-Agent Broker Insurance Insured 147

Insurance Journal

MARCH 13, 2025

USG Insurance Services, a national wholesaler and managing general agent, has hired Joshua Reinhold as associate producer and broker in its Tampa office another step in the company’s nationwide expansion plans. Reinhold has seven years of experience in the …

Broker-Agent 147

Broker-Agent Broker Agents Insurance 147

Insurance Journal

FEBRUARY 24, 2025

Article Key Points: Insurance distribution involves various entities like agents, IMOs, FMOs, brokers, aggregators, MGAs, and MGUs. Carriers appoint licensed agents to sell products, but the process varies based on … This post is part of a series sponsored by AgentSync.

Broker-Agent 130

Broker-Agent License Insurance Insured 130