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United Risk Launches Multi-Line Reinsurance MGA, Names Cahill as CEO

Insurance Journal

United Risk, a subsidiary of Applied Underwriters, announced it has formed a multi-line reinsurance managing general agent. Jay Cahill, previously United Risk’s chief financial officer, has been named chief executive officer of the new MGA. He will be succeeded as …

Risk 136
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Average Final Expense Commission Levels for Independent Agents

Redbird Agents

Final expense insurance is one of the most lucrative life insurance markets for independent agents, offering high commission payouts, fast approvals, and steady client demand. This guide will break down the average final expense commission rates, factors that impact earnings, and what you can expect as a new agent.

Agents 130
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UK’s Specialist Risk Group Acquires Motor Fleet MGA Capulus

Insurance Journal

Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Capulus, a specialist motor fleet managing general agent (MGA). Financial details of the deal were not disclosed. Based in Wales, Capulus’ team of 21 colleagues will join SRG’s …

Risk 264
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Blog Post: Agentic AI in Business: Transforming Legal Decision-Making and Strategy

LexisNexis

Manager, Large Markets In recent discussions , legal industry experts have highlighted the potential of agentic AI systems as a transformative force for law firms aiming to leverage cutting-edge technology for competitive gain. The fundamental transformation will come with agentic AI. By Madison Johnson, Esq.

Agents 104
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Envelop Risk Launches Underwriting Division, Naming Ex-Dale Underwriter Peters CEO

Insurance Journal

Envelop Risk, the reinsurance managing general agent and analytics specialist, announced the launch of Envelop Underwriting, which will encompass all existing cyber underwriting activities: Envelop Risk Bermuda and Envelop at Lloyd’s, including the Envelop Risk SPA 1925. Dom Peters has …

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Ryan Specialty Builds with US Assure, a Builder’s Risk Specialist, in Jacksonville

Insurance Journal

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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Ryan Specialty to Acquire Nashville-Based Velocity Risk Underwriters MGU

Insurance Journal

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 …