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 …

Broker 271

Broker Commercial Insurance Broker Insurance 271

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 238

Broker Insurance Broker Insurance Insurer 238

Insurance Journal

AUGUST 11, 2024

PCF Insurance Services acquired the insurance business of DLD Insurance Brokers in Irvine, California. DLD Insurance Brokers specializes in serving companies in the construction, real estate, manufacturing, medical device and technology sectors. PCF Insurance Services is headquartered in Lindon, Utah, …

Insurance Broker 262

Insurance Broker Broker Insurance Insurer 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 237

Broker Risk Insurance Broker Broker-Agent 237

Insurance Journal

JULY 23, 2024

A growing homeowners insurance crisis for Californians is straining brokers who must work harder to get increasingly expensive and more frequently unavailable coverage for their clients, a crisis many of them blame on regulations and wildfires. Wildfires have made the …

Broker 302

Broker Insurance Insurer Insured 302

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 238

Insurance Broker Broker Insurance Insurer 238

Insurance Journal

NOVEMBER 20, 2024

Prosecutors report that a New York insurance broker has admitted his role in a $38 million employment tax fraud scheme involving nursing homes he owned across the country, U.S. Attorney Philip R. Sellinger announced that Joseph Schwartz, of Suffern, New …

Insurance Broker 153

Insurance Broker Broker Insurance Insurer 153

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 283

Broker Insurance Broker Broker-Agent Insurer 283

Insurance Journal

OCTOBER 30, 2024

InterWest Insurance Services acquired McDermott-Costa Insurance Brokers in San Leandro, California. McDermott-Costa Insurance Brokers is an employee owned, regional independent insurance brokerage firm. John Johnson and Mike McDermott will remain in leadership roles. InterWest is headquartered in Sacramento.

Insurance Broker 147

Insurance Broker Broker Insurance Insurer 147

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 289

Insurance Broker Broker Risk Insurance 289

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 263

Insurance Broker Broker Risk Insurance 263

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 250

Broker Insurance Broker Broker-Agent Insurer 250

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 233

Insurance Broker Broker Policy Life Insurance 233

Insurance Journal

OCTOBER 21, 2024

Investment advisers, brokers, clearing agencies and others can expect … The US Securities and Exchange Commission’s examiners will step up scrutiny of financial firms’ use of artificial intelligence next year, the latest sign of regulators’ growing concerns about the emerging technologies.

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Broker Risk 266

Insurance Journal

NOVEMBER 5, 2024

dba Statewide Commercial Insurance Brokers. Gallagher & Co. acquired Altadena, California-based American Matar International Inc., Lana Matar and her team will remain in their current location under the direction of Scott Firestone, head of Gallagher’s Southwest region retail …

Commercial Insurance 130

Commercial Insurance Insurance Broker Commercial Broker 130

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 201

Broker Broker-Agent Agents Insurance 201

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 218

Insurance Broker Broker Insurance Insurer 218

Insurance Journal

JULY 18, 2024

Shares of Texas-based insurance broker TWFG, Inc. begin trading on the Nasdaq Global Select Market today under the symbol TWFG. TWFG said it expects to realize gross proceeds of $187 million and net proceeds of approximately $168.3 million from the …

Insurance Broker 249

Insurance Broker Broker Insurance Insurer 249

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 270

Broker Broker-Agent Agents 270

Insurance Journal

NOVEMBER 7, 2024

ORANGE, CA, November 6, 2024 – CITA Insurance Services and Ascot Insurance Company (Ascot) have partnered to deliver a new real estate agents and brokers error & omissions (E&O) program nationwide. This admitted insurance product was designed to provide professional …

Broker-Agent 219

Broker-Agent Insurance Companies Broker Agents 219

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 233

Broker Broker-Agent Agents 233

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 …

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130

Insurance Journal

AUGUST 6, 2024

Brown & Riding, headquartered in Dallas, named Wes Benefield to its national management and professional liability practice as senior vice president and broker, D&O, E&O and cyber. Based in Fort Worth, Benefield has over 11 years of combined retailer, carrier …

Broker 269

Broker Cyber Liability 269

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 226

Broker Broker-Agent Agents 226

Insurance Journal

JULY 19, 2024

Insurance broker TWFG’s shares gained nearly 30% in their Nasdaq debut on Thursday, signaling strong investor demand for new stocks as the U.S. initial public offering market aims for a recovery. IPOs in the U.S. are attempting to stage a …

Insurance Broker 243

Insurance Broker Broker Insurance Insurer 243

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.

Insurance Broker 130

Insurance Broker Broker Insurance Insurer 130

Solstice Insurance Broker

JUNE 21, 2024

As a dental insurance broker, professionalism and productivity are essential for success. Commanding the respect and affection of your co-workers and clients is also imperative. However, achieving your goals will be much more challenging if you're burned out. That's where taking a summer break could be your key.

Broker 130

Broker Insurance Broker Insurer Insured 130

Insurance Journal

AUGUST 12, 2024

Everest Launches Global Broker Management Team Led by Izzo Everest Group Ltd., This edition of International People Moves details appointments at re/insurer Everest Group and Evolin Broking. A summary of these new hires follows here. the Bermuda-based property, casualty, and …

Broker 250

Broker Insurer Insured Insurance 250

Insurance Journal

NOVEMBER 20, 2024

In the competitive insurance industry, Wholesalers, MGAs, and Brokers are always seeking ways to streamline operations, integrate new technology with legacy systems, and provide faster, more accurate service to their … This post is part of a series sponsored by Selectsys.

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Insurance Marine News

SEPTEMBER 22, 2024

Join Us The post Brokers launch port disruption insurance appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Broker 105

Broker Insurance Insurer Insured 105

Insurance Journal

OCTOBER 23, 2024

hired Tiffany Francis as an associate producer/broker with their garage division team. USG Insurance Services, Inc. Francis, based in Alpine, California, entered the insurance industry eight years ago. She most recently served as a renewal garage underwriter with Risk Placement …

Broker 147

Broker Underwriter Underwriting Insurance Industry 147

Solstice Insurance Broker

MARCH 18, 2024

Managing buyer objections in insurance is an essential part of being a broker. Experiencing resistance happens to the best of us. Your prospect may have other products and offers on the table. Or they may believe they do not truly need your product.

Broker 130

Broker Insurance Insurer Insured 130

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 288

Insurance Broker Broker Insurance Insurer 288

ProWriters

OCTOBER 2, 2024

As an insurance broker, you likely recognize that while these technologies drive business operations, they also increase vulnerability to cyber crime, making Cyber Insurance a necessity for your clients. What Is a Cyber Insurance Broker? Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging.

Insurance Broker 93

Insurance Broker Cyber Broker Protection 93

Solstice Insurance Broker

SEPTEMBER 25, 2024

In the highly competitive field of health insurance sales, agents are constantly seeking ways to enhance their commissions. Distinguishing your business from the competition is essential.

Broker 147

Broker Agents Insurer Insured 147

Insurance Journal

OCTOBER 15, 2024

Specialist Risk Group (SRG), the London-based specialist insurance intermediary that is majority-owned by Warburg Pincus and Temasek, announced its launch in Asia Pacific with a new subsidiary in Singapore. As the first part of its expansion plans, SRG has, through …

Risk 195

Risk Broker Broker-Agent Insurer 195

Insurance Journal

NOVEMBER 12, 2024

Howden, the London-based insurance intermediary group, announced the acquisition of Storfield Insurance Consultants Ltd., a specialist in general insurance for small-to-medium sized enterprises (SMEs) and high-net-worth (HNW) clients. Financial details of the transaction were not disclosed. This strengthens Howden’s position …

Broker 228

Broker Insurer Insured Insurance 228