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 Agent Near Me

MAY 22, 2024

Explore the disparities between commercial insurance brokers and agents in our enlightening blog post 'Understanding the Differences Between Commercial Insurance Brokers and Agents'. The post Understanding the Differences Between Commercial Insurance Brokers and Agents appeared first on Insurance Agent Near Me.

Broker-Agent 52

Broker-Agent Commercial Insurance Insurance Broker Commercial 52

American Agents Alliance

JULY 17, 2024

Agents and brokers play important roles in the digital claims management process, from educating policyholders on loss mitigation to helping insureds file claims and work with their insurers. Knowing how to help these policyholders throughout their claim can be a helpful service agents can offer their insureds.

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Broker-Agent Broker Agents Claim 52

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.

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Premium Commercial Broker-Agent Commercial Property 130

Insurance Journal

SEPTEMBER 16, 2024

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 conference …

Broker-Agent 260

Broker-Agent Insurance Agent Insurance Agents Broker 260

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

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 275

Broker-Agent Commercial Broker Agents 275

Insurance Journal

NOVEMBER 5, 2024

Insurance broker Aon plc has signed a definitive agreement to acquire UK-based insurance broker Griffiths & Armour. Financial details of the deal were not disclosed. Upon completion of the transaction, Griffiths & Armour will become wholly owned by Aon UK …

Insurance Broker 246

Insurance Broker Broker Insured Insurance 246

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 …

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Broker-Agent Insurance Agent Insurance Agents Broker 261

Insurance Journal

OCTOBER 31, 2024

The Clear Group, the London-based independent insurance broker, announced the acquisition of A-One Insurance Group (A-One), a major commercial insurance broker in the south of England. Financial details of the transaction were not disclosed. Clear said this latest deal is …

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Broker Insurance Broker Commercial Insurance Commercial 264

Insurance Journal

JULY 14, 2024

By Chad Hemenway 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 …

Broker-Agent 264

Broker-Agent Premium Casualty Insurance Insurance Agent 264

Insurance Journal

OCTOBER 29, 2024

Clear Group, the UK independent insurance broker that is owned by Private Equity at Goldman Sachs Alternatives, has entered the wholesale Lloyd’s broker space with the acquisition of Lilley Plummer Risks Ltd., a London-based marine and property specialist. Financial details …

Broker 262

Broker Risk Insurance Broker Marine 262

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 …

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Commercial Commercial Property Broker-Agent Premium 279

Insurance Journal

NOVEMBER 21, 2024

THB Chile is a retail insurance broker providing property/casualty, life and health benefits, and reinsurance services to clients throughout Chile. Gallagher & Co. announced the acquisition of Santiago, Chile-based THB Chile. Terms of the transaction were not disclosed.

Broker 173

Broker Insurance Broker Broker-Agent Insured 173

Insurance Journal

OCTOBER 25, 2024

The Clear Group, the London-based independent insurance broker, announced it has acquired Vision Insurance Services Ltd, based in Bagshot, Surrey, UK. Financial details of the transaction were not disclosed. This latest acquisition strengthens Clear’s presence in the south east of …

Broker 261

Broker Insurance Broker Insured Insurance 261

Insurance Journal

OCTOBER 30, 2024

Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Stonehatch, a leading specialist bloodstock and livestock insurance broker. Financial details of the transaction were not disclosed. Founded in 2014 by Chris Williamson, London-headquartered Stonehatch has built a …

Broker 261

Broker Risk Insurance Broker Broker-Agent 261

Insurance Journal

OCTOBER 1, 2024

Miller, the London-based specialist re/insurance broker, announce it has completed the acquisition of Madrid-based commercial insurance broker Bruzon Correduría de Seguros y Reaseguros. The transaction, which first was announced in May, closed on Sept. 30 following the receipt of all …

Insurance Broker 264

Insurance Broker Broker Commercial Insurance Commercial 264

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

Insurance Journal

NOVEMBER 17, 2024

As insurers look to 2025, several trends are emerging that affect premium and deductible costs — leading to lengthy conversations between insurance agents and brokers and their customers. For worship facilities, some of the most prevalent trends include: • Weather-related …

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Underwriter Underwriting Broker-Agent Deductible 130

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 …

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Risk Broker-Agent Building Insurance Agent 264

Insurance Journal

OCTOBER 3, 2024

the London-based specialist insurance broker, has acquired MIS Motorsport’s commercial business in the UK and Ireland. Kingfisher Insurance Services Ltd., Financial details of the transaction were not disclosed. As part of the acquisition, a new entity will be created called …

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Broker Commercial Insurance Broker Insured 278

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

AUGUST 1, 2024

Miller, the London-based independent specialist re/insurance broker, announced the acquisition of reinsurance capital advisory business 4809 Brokers AG. Financial details were not disclosed. As its third Continental European acquisition since 2022, Miller said, the transaction forms part of its continued …

Insurance Broker 261

Insurance Broker Broker Insured Insurance 261

Insurance Journal

AUGUST 30, 2024

Specialist Risk Group (SRG) announced the acquisition of the ongoing renewal rights of Morton Insurance Brokers, a specialist in private hire and taxi insurance across the UK since 1987. Financial details of the transaction were not disclosed. The acquisition strengthens …

Insurance Broker 309

Insurance Broker Broker Risk Insured 309

Insurance Journal

AUGUST 19, 2024

Ardonagh Advisory, Ardonagh Group’s SME broking platform, has agreed to acquire UK chartered insurance broker R.K. Henshall & Co. Financial details of the transaction, which is subject to regulatory approval, were not disclosed. Established in 1976, R.K. Henshall & …

Broker 290

Broker Insurance Broker Broker-Agent Insured 290

Insurance Journal

AUGUST 20, 2024

Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Anthony James Insurance Brokers, subject to regulatory approval. Financial details of the transaction were not disclosed. This latest acquisition further expands and strengthens SRG’s retail pillar, Specialist Risk …

Insurance Broker 286

Insurance Broker Broker Risk Insured 286

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 Insured Insurance 147

Insurance Journal

AUGUST 27, 2024

Clear Group, the London-based independent insurance broker, announced it has acquired the share capital of UK-based R T Waters Ltd. Financial details of the deal were not disclosed. This latest deal adds to Clear’s presence in South East England as …

Broker 263

Broker Insurance Broker Broker-Agent Insured 263

Redbird Agents

JULY 9, 2024

If selling insurance was so easy, then why is it that roughly 10 percent of the independent insurance agents generate the vast majority of the sales? Are all independent agents good salespeople? Why Do Insurance Agents Fail? It’s a common misconception that becoming an insurance agent is an easy path to success.

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Insurance Agent Insurance Agents Agents Broker-Agent 130

Smart Insurance Agents

OCTOBER 16, 2024

A medical health insurance broker helps you choose the best health insurance plan tailored to your needs. Unlike agents tied to one insurer, brokers work with multiple companies to give you unbiased options. This article will explain how brokers operate, the benefits of using one, and how to find the right broker for you.

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Insurance Broker Broker Broker-Agent Out-Of-Pocket Expense 52

PSM Brokerage

NOVEMBER 7, 2024

The Scope of Appointment is a document that outlines the specific topics and types of information that a Medicare sales agent or broker intends to discuss with a Medicare beneficiary during a face-to-face or telephone appointment. The agent's or broker's name and contact information. When is an SOA Required?

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Broker-Agent Broker Agents License 98

Insurance Journal

JULY 29, 2024

Inflexion is nearing a sale of its majority stake in David Roberts & Partners in a deal that values the UK insurance broker at about £450 million ($579 million), according to people familiar with the matter. The private equity firm …

Insurance Broker 255

Insurance Broker Broker Insured Insurance 255

Insurance Journal

NOVEMBER 19, 2024

Guy Carpenter, the reinsurance specialist and a business of Marsh McLennan, announced it has entered into an agreement to acquire the remaining 51.5% of shares of Carpenter Turner, an Athens-based regional leader in the reinsurance broking and advisory business. Terms …

Broker 244

Broker Broker-Agent Agents 244

Word & Brown

AUGUST 1, 2024

A Health Insurance broker – sometimes called an insurance agent – is a licensed professional who works with individuals and businesses to help them shop for and compare insurance policies. Beyond sales, the life of an insurance broker includes service to customers after the sale related to claims, administration, and annual renewal.

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Broker Insurance Broker Broker-Agent License 52

Insurance Agent Near Me

AUGUST 7, 2024

Get prepared for your commercial insurance decisions by asking these 7 crucial questions to your brokers! The post 7 Questions to Ask Your Commercial Insurance Brokers Before Signing appeared first on Insurance Agent Near Me.

Commercial Insurance 52

Commercial Insurance Insurance Broker Commercial Broker 52

Neilson Marketing Services

NOVEMBER 4, 2024

For retail insurance brokers and MGAs, a well-built insurance website isn’t just about aesthetics; it’s about credibility, generating leads, and staying competitive. Local Reach: The Three Essential Elements For local agents targeting clients in a single town and a few neighboring towns, visibility in the local market is key.

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Insurance Broker Building Broker Broker-Agent 111

American Agents Alliance

OCTOBER 18, 2024

Tough insurance markets make managing the industry a challenge for independent agents and brokers. Read on to learn more about how agents and brokers can best manage tough insurance markets. Agents should learn about and stay updated on changes to compliance and regulations.

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Agents Broker-Agent Policyholder Broker 52