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: …

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Broker-Agent Broker Agents Risk 246

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 246

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 …

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Broker Broker-Agent Insurance Agents Insurance Agent 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

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 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

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).

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Broker-Agent Broker Agents License 92

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 …

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Broker-Agent Broker Agents Insurance Companies 242

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

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 …

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Underwriter Underwriting Risk Broker-Agent 244

Insurance Journal

JANUARY 29, 2025

This edition of International People Moves details appointments at the re/insurer Canopius Group and the broker Evolin. Patel Named Chair of Canopius Managing Agents, Succeeding Meader Canopius Group, the global specialty re/insurer, … A summary of these new hires follows here.

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Broker-Agent Agents Broker Insurer 231

Rough Notes

JANUARY 31, 2025

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

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Broker-Agent Broker Agents Insurer 105

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 Insurer 147

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 …

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Broker-Agent Insurer Broker Insurance 147

Insurance Journal

FEBRUARY 19, 2025

Howden, the London-based global insurance intermediary group, announced the acquisition of aviation specialists Forbes Insurance Ltd., and the acquisition of the book of business from Hill Aviation Insurance Services Ltd. Forbes Insurance … Financial details of the acquisitions were not disclosed.

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Insurer Insurance Insured Broker-Agent 147

Solstice Insurance Broker

MARCH 28, 2025

The healthcare insurance needs of your clients constantly change based on factors such as workforce productivity and budget. The good news is there are a range of tried-and-true strategies that can help you consistently attract top-notch leads every quarter.

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Insurer Insurance Insured Broker-Agent 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.

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Broker-Agent License Insurer Insurance 130

Insurance Journal

MARCH 10, 2025

announced it has acquired the remaining shares of Philippines-based Philpacific Insurance Brokers & Managers Inc., Gallagher & Co. dba Philinsure, following a minority investment in the business. Terms of the transaction were not disclosed. Philinsure is a commercial …

Insurance Broker 147

Insurance Broker Broker Commercial Insurer 147

Insurance Journal

MARCH 4, 2025

Specialist Risk Group (SRG), the London-based insurance intermediary, announce the acquisition of Brentacre Insurance, a specialist broker with deep expertise in providing insurance for modified and performance vehicles, subject to regulatory approval. Financial details of the transaction were not disclosed.

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Broker Risk Insurer Insurance 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 309

Insurance Broker Broker Risk Insurer 309

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. ACA Agent Resources

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Insurance Agents Insurance Agent Agents Broker-Agent 52

Insurance Journal

AUGUST 2, 2024

According to a press release, the company now offers homeowners insurance services and coverage in Ohio through Orion Select Insurance Co., Orion180’s admitted insurance carrier. Orion180 has announced its expansion into the Buckeye State. Orion180 also operates in Alabama, Arizona, …

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Insurance Carrier Insurer Insurance Insured 263

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'.

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Broker-Agent Commercial Insurance Insurance Broker Commercial 52

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 …

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Broker Commercial Insurance Broker Insurer 278

Insurance Journal

OCTOBER 29, 2024

WTW announced the expansion of its Corporate Risk & Broking (CRB) business in Japan with the launch of an insurance brokerage service. The new service will offer insurance solutions to commercial clients, as well as wholesale facultative reinsurance placement services …

Commercial 263

Commercial Insurer Insurance Insured 263

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 Insurer 286

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

JULY 23, 2024

The national auto insurance shopping and quoting rate reached a new high between April and June, but many insurers appear to have achieved or are approaching rate adequacy, “which should lead to less rate activity and perhaps less shopping in …

Auto Insurance 299

Auto Insurance Insurer Insurance Insured 299

Zywave

MARCH 19, 2025

In today’s digital age, Application Programming Interfaces (APIs) have become essential tools for businesses across various industries, including insurance. Benefits of APIs in the Insurance Industry APIs offer numerous benefits to the insurance industry, enhancing efficiency, customer experience, and data management.

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Insurance Industry Broker-Agent Insurer Insurance 52

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

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.

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Insurance Agency Insurance Broker Broker Insurer 290

American Agents Alliance

FEBRUARY 14, 2025

Cross-selling is an important tool for independent insurance agents and brokers, but it must be done ethically. Policyholders benefit from their agents expertise and knowledge when cross-selling is done well. It can be a very beneficial practice for agents and policyholders alike when done ethically.

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Broker-Agent Insurance Agents Insurance Agent Broker 52

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

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 …

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Broker Insurance Broker Insurer Insurance 262

Insurance Journal

MARCH 5, 2025

Marsh, the insurance brokerage business of Marsh McLennan, announced that it has acquired Fontana Rava-Toscano & Partners (FRT), a Milan-based insurance brokerage. Terms of the acquisition were not disclosed. Founded in 1992 by the current partners together with Giancarlo Fontana …

Broker-Agent 223

Broker-Agent Insurer Insurance Insured 223

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.

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Insurance Broker Broker Broker-Agent Insurer 52