Insurance Journal

DECEMBER 4, 2024

Verlingue, the Quimper, France-based insurance broker and subsidiary of the Adelaïde Group, announced it has acquired ProConseils Solutions, a major player in the insurance brokerage market in French-speaking Switzerland. Financial details of the deal were not disclosed. Verlingue said this …

Insurance Broker 250

Insurance Broker Broker Insurer Insurance 250

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 264

Insurance Broker Broker Insurer Insurance 264

Insurance Journal

OCTOBER 9, 2024

An insurance broker who collected nearly $137,000 in sales commissions by submitting fabricated insurance applications for end-of-life insurance policies in clients’ names without their knowledge, and used those clients’ personal and banking information to pay for those policies, was sentenced …

Insurance Broker 260

Insurance Broker Broker Policy Life Insurance 260

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 258

Insurance Broker Broker Insurer Insurance 258

Insurance Journal

NOVEMBER 14, 2024

A federal judge on Wednesday sentenced a North Carolina insurance agent to five years in prison for his role in a decade-long scheme that created fraudulent tax shelters and cheated the U.S. government of more than $22 million in tax …

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Insurance Broker Broker Insurance Agent Insurance Agents 246

Insurance Journal

AUGUST 13, 2024

NFP, an Aon company and insurance brokerage, announced its acquisition of Orca Financial Group, a specialist financial brokerage based in Leopardstown, County Dublin. Financial details of the deal were not disclosed. The Orca team will join NFP’s employee benefits and …

Insurance Broker 290

Insurance Broker Broker Insurer Insurance 290

Insurance Journal

OCTOBER 10, 2024

A former insurance broker has pleaded guilty to a number of charges including insurance fraud for collecting premiums without placing coverage. Karen Marie Dondanville, 56, a former broker from Mission Viejo, pleaded guilty to 90 counts including grand theft auto, …

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Theft Agents Premium Insurance Broker 264

Insurance Journal

JULY 29, 2024

a Netherlands-based insurance group. Brown & Brown Inc. announced it has entered into an agreement to acquire Quintes Holding B.V., Brown & Brown acquired Quintes from the private investment firm Aquiline Capital Partners (which purchased a majority stake in Quintes …

Insurance Broker 262

Insurance Broker Broker Insurer Insurance 262

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 …

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Broker-Agent Insurance Broker Broker Agents 279

Tosten Marketing

JANUARY 27, 2025

Insurance broker lead generation is a critical aspect of growing a successful brokerage. At Tosten Marketing, we’ve seen firsthand how effective strategies can transform a broker’s business. How Digital Marketing Boosts Insurance Lead Generation Digital marketing has transformed lead generation for insurance brokers.

Insurance Broker 52

Insurance Broker Broker Broker-Agent Insurer 52

Solstice Insurance Broker

JUNE 4, 2024

Unlock success as an insurance broker with tailored phone scripts. Learn how clear communication, addressing objections, and personalized service can enhance client relationships and drive sales.

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Insurance Broker Broker Insurer Insurance 130

Insurance Journal

NOVEMBER 3, 2024

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

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Broker-Agent Casualty Insurance Insurance Broker Broker 246

Solstice Insurance Broker

JANUARY 30, 2025

As an insurance broker, open enrollment on the ACA insurance marketplace is likely crucial for your business. You can collaborate with many clients at one time to secure needed coverage. Plus, you can generate significant revenue.

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Broker Insurance Broker Broker-Agent Insurer 130

Insurance Journal

MARCH 13, 2025

along with its wholly owned subsidiary Anderson & Co (Insurance Brokers) Ltd. Ardonagh Advisory, the Ardonagh Group’s SME broking platform, announced it has acquired Anderson & Co. Holdings) Ltd., Financial details of the transaction were not disclosed. Established over …

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Broker Insurance Broker Broker-Agent Insurer 165

Redbird Agents

MARCH 18, 2025

Targeted Marketing Strategy: Develop a strategic marketing plan that highlights the unique aspects of your insurance book of business to attract the right insurance brokers and potential buyers. What makes an independent insurance agency valuable to prospective buyers? How much can I sell my book of business for?

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Insurance Agency Broker-Agent Insurer Insurance 130

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.

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Agents Broker-Agent Broker Underwriting 52

Insurance Journal

OCTOBER 2, 2024

HUB), the Chicago-based insurance broker, announced an exclusive referral and broker program partnership throughout the U.S., Canada and Mexico with MAS Seguros, the largest trucking insurance broker in Mexico. Hub International Ltd. The partnership is a response to Mexico’s growing …

Broker 264

Broker Insurance Broker Insurer Broker-Agent 264

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 …

Broker 264

Broker Insurance Broker Commercial Insurance Commercial 264

Solstice Insurance Broker

JANUARY 23, 2025

As an insurance broker, you can be the compass your clients need. Be the Lighthouse In the often murky waters of insurance jargon and policy complexities, your role as an insurance broker is akin to a lighthouse. Annual open enrollment (AEP) is here. It is a task that often feels like traversing a maze.

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Broker Out-Of-Pocket Insurance Broker Deductible 100

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 Insurer 290

Insurance Journal

NOVEMBER 7, 2024

the Amsterdam-based, privately owned insurance broker, announced the sale of H.W. and HWI France to Steadfast Group, the largest general insurance broker network and underwriting agency group in Australasia and owner of one of the … International B.V.,

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Insurance Broker Broker Underwriting Underwriter 246

Insurance Journal

NOVEMBER 27, 2024

Insurance broker Aon plc announced it has signed a definitive agreement to acquire the in-house insurance agency business of Mitsubishi Chemical Group (MCG), enhancing Aon’s risk and health capability offering in Japan. Financial details of the deal were not disclosed.

Insurance Agency 290

Insurance Agency Insurance Broker Broker Insurer 290

Insurance Journal

JULY 18, 2024

Insurance broker Marsh McLennan reported second quarter net income of $1.125 billion, an 8.7% increase from $1.035 billion reported during Q2 2023. Operating income rose 13% to $1.6 Q2 earnings per share increased 10% to $2.27, while adjusted earnings …

Insurance Broker 278

Insurance Broker Broker Broker-Agent Insurer 278

Insurance Journal

JULY 26, 2024

Three brokers – NFP, Clear Group, and Strategic Risk Group – each announced acquisitions during July. In reverse chronological order, the acquisitions are listed as follows: NFP, the New York-based insurance broker and Aon subsidiary, announced on July 24 that …

Risk 277

Risk Broker Insurance Broker Broker-Agent 277

Insurance Journal

OCTOBER 17, 2024

Insurance broker Marsh McLennan reported a 6% increase in third quarter consolidated revenue to $5.7 billion, while revenue increased 5% on an underlying (organic) basis. Q3 operating income was $1.1 billion, an 11% increase from $996 million reported in Q3 …

Insurance Broker 277

Insurance Broker Broker Broker-Agent Insurer 277

Insurance Journal

SEPTEMBER 27, 2024

Axis Insurance Managers Inc., the Vancouver, Canada-based insurance broker, announced the acquisition of Baker Insurance, a property/casualty brokerage based in Calgary. Financial details of the deal were not disclosed. This strategic move strengthens Axis’ presence in the region and enhances …

Broker 278

Broker Insurance Broker Insurer Insurance 278

Insurance Journal

OCTOBER 3, 2024

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

Broker 278

Broker Commercial Insurance Broker Insurer 278

Solstice Insurance Broker

JULY 19, 2024

You need to know that insurance agent burnout is, unfortunately, common. 39 percent of people in the insurance industry have reported burnout. Are you feeling overwhelmed and exhausted at work? The national average is 35 percent. However, burnout doesn't have to be part of your every day.

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Insurance Agent Insurance Agents Agents Insurance Industry 147

Insurance Journal

SEPTEMBER 4, 2024

The Clear Group, the London-based independent insurance broker, announced the acquisition of the managing general agency, Accelerate Underwriting. Financial terms of the deal, which is its fourth involving an MGA, were not disclosed. Established in 2015, Accelerate Underwriting is a …

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Underwriting Underwriter Insurance Broker Broker 262

Insurance Journal

SEPTEMBER 25, 2024

Insurance broker WTW has launched a new China Client Division within Corporate Risk and Broking, North America (CRB NA), as part of its strategy to expand its presence and broaden offerings focused on the Chinese market. The new China Client …

Insurance Broker 263

Insurance Broker Broker Risk Broker-Agent 263

Insurance Journal

JANUARY 13, 2025

Miller, the London-based specialist re/insurance broker, announced its further expansion into Asia with the launch of Miller Korea, led by David Kim as head of Korea. Miller Korea will focus on delivering global specialty expertise in the Korean market via …

Broker 264

Broker Insurance Broker Broker-Agent Insurer 264

Insurance Journal

SEPTEMBER 26, 2024

Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, has launched an office in Bermuda to focus on wholesale insurance broking for its global clients. Trading as Acrisure Bermuda Ltd., the new business unit aims to complement current reinsurance …

Insurance Broker 264

Insurance Broker Broker Broker-Agent Insurer 264

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 Insurer 263

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

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 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 262

Broker Insurance Broker Insurer Insurance 262

Insurance Journal

SEPTEMBER 25, 2024

the Vancouver, Canada-based insurance broker, announced it has acquired the O’Neill Group, one of British Columbia’s premier employee group benefits, life insurance, and wealth advisory firms. Axis Isurance Managers Inc., Financial details of the deal were not disclosed. O’Neill Group …

Life Insurance 260

Life Insurance Insurance Broker Broker Insurer 260