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 …

Underwriter 244

Underwriter Underwriting Risk Broker-Agent 244

Insurance Journal

DECEMBER 10, 2024

Specialist Risk Group (SRG), the London-based insurance intermediary backed by Warburg Pincus and Temasek, announced the acquisition of specialist insurance broker, R3. R3 is SRG’s 11th acquisition in 2024, following previous acquisitions which include Stonehatch, Capulus, and Anthony James Insurance …

Broker 245

Broker Risk Insurance Broker Insurance 245

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 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 243

Risk Broker Broker-Agent Insurance 243

Insurance Journal

APRIL 6, 2025

For many years, agents and brokers have advised clients about the benefits of telematics in reducing commercial auto risks. So, why havenit market conditions improved, and why is distracted driving still so prevalent? The answer comes down to follow- through.

Risk 162

Risk Broker-Agent Commercial Broker 162

Insurance Journal

NOVEMBER 12, 2024

Specialist Risk Group (SRG), the London-based specialist insurance intermediary, announced the acquisition of One Claim Ltd. Based in Essex, England, One Claim provides broker partners and their clients with claims management support from initial notification through to settlement. The One …

Claim 258

Claim Risk Broker Broker-Agent 258

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

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 277

Broker-Agent Commercial Agents Broker 277

Insurance Journal

FEBRUARY 19, 2025

CFC Launches Cyber Portfolio Quoting for American Brokers CFC said it has launched a new service to automate quoting for up to thousands of policies. Initially available for CFC’s cyber products, US brokers can now bulk quote their entire book …

Broker 147

Broker Cyber Broker-Agent Liability 147

Insurance Journal

SEPTEMBER 4, 2024

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

Risk Agents Broker-Agent Insurance 264

Insurance Journal

NOVEMBER 5, 2024

Specialist Risk Group (SRG), the London-based specialist insurance intermediary that is majority-owned by Warburg Pincus and Temasek, announced the acquisition of specialist reinsurance firm NW Re. Financial details of the deal were not disclosed. SRG said the acquisition reinforces its …

Risk 263

Risk Broker-Agent Insurance Insurer 263

Insurance Journal

SEPTEMBER 30, 2024

Specialist Risk Group (SRG), the London-based specialist insurance intermediary, announced that its acquisition by Warburg Pincus, a global growth investor, and Temasek, the Singapore-based investment company, has been completed. With the necessary regulatory approvals now received, the partnership marks a …

Risk 264

Risk Broker-Agent Insurance Insurer 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.

Insurance Agency 290

Insurance Agency Insurance Broker Broker Insurer 290

Insurance Journal

JANUARY 24, 2025

Specialist Risk Group (SRG), the London-based insurance intermediary, announced it will acquire the assets of Ecclesia Group in The Netherlands and Belgium a move that will see seven businesses and 700 new colleagues across the two countries join SRG.

Risk 245

Risk Broker-Agent Insurance Insurer 245

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

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. How do MGAs Differ From Insurance Brokers?

Agents 52

Agents Broker-Agent Broker Underwriter 52

American Agents Alliance

MARCH 3, 2025

However, for agents and brokers, these new AI-driven processes can introduce new E&O risks to mitigate and manage. Learn more about managing new E&O risks introduced by AI to ensure AI remains an asset, not a liability. Agents may be held responsible for faulty or misleading information given by their chatbots.

Broker-Agent 52

Broker-Agent Broker Agents Risk 52

Insurance Journal

FEBRUARY 25, 2025

the Vancouver, Canada-based insurance broker, announced the acquisition of Fuse Insurance, a Calgary-based, technology-driven commercial insurance brokerage. Founded in 2017, Fuse has built a strong reputation for managing complex risks in industries such as ecommerce, healthcare, … Axis Insurance Managers Inc.,

Commercial Insurance 219

Commercial Insurance Insurance Broker Insurer Insurance 219

American Agents Alliance

JUNE 18, 2024

Independent agents and brokers must balance selling and service insurance policies with running an agency. Essential Leadership Skills for Independent Agents and Brokers Independent agents and brokers wear many hats as they balance the roles of business owners and insurance advisors.

Broker-Agent 52

Broker-Agent Broker Agents Insurance Industry 52

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.

Broker-Agent 52

Broker-Agent Insurance Agents Insurance Agent Broker 52

American Agents Alliance

DECEMBER 8, 2024

Driven by rapid advancements in technology, shifting risks, and increasing policyholder expectations, the industry will likely have different products and services by the time 2025 draws to a close. Read more about 2025 insurance trends and consider how these risks and opportunities may impact your agency.

Broker-Agent 40

Broker-Agent Agents Broker Risk 40

American Agents Alliance

DECEMBER 3, 2024

Agents, brokers, carriers, vendors, and others across the insurance ecosystem regularly share content, advertise, and engage with customers on various social media platforms. But for agents and brokers, the social media E&O risks should be considered before engaging on social media. Confidentiality issues.

Broker-Agent 40

Broker-Agent Broker Agents Risk 40

Friendly Agent

FEBRUARY 12, 2020

In this article, I have compiled some of the best insurance podcast which I feel are beneficial for Insurance Agents, Brokers, insurtech startups and even carriers. In some or all of these podcasts, you can expect Sales, Marketing and Operations related subjects which can help insurance agencies and brokers. Latest Podcasts 2.Insurance

Agents 130

Agents Broker-Agent Insurance Agency Insurance 130

Zywave

SEPTEMBER 8, 2024

With the nature and location of work transforming, companies face dynamic risks – particularly for Excess & Surplus (E&S) coverage. But it can be tedious for insurance brokers and Managing General Agents (MGAs) to provide these options to businesses at scale. Commercial insurance is more intricate than ever.

Broker-Agent 98

Broker-Agent Commercial Insurance Insurance Broker Commercial 98

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

ProWriters

FEBRUARY 7, 2025

At the same time, AI makes improved risk assessment and protection against cyber threats possible. No insurance broker or agent today can afford to ignore the presence of artificial intelligence in cyber security. By reducing false positives, it helps insurers assess actual risk exposure.

Cyber 53

Cyber Broker-Agent Broker Liability 53

Rough Notes

SEPTEMBER 30, 2024

Helping property owners improve their risk profile with new tech and strategies By Maura Ciccarelli Protection from natural disasters and everyday emergencies like water leaks and electrical fires have always been top of mind for property owners.

Risk 59

Risk Broker-Agent Broker Agents 59

Distinguished

FEBRUARY 10, 2025

It covers fine art, sports cards, handbags, and other collections, up to $125 million on a single risk as the primary or excess layer or on a quota-share basis. Whats Covered The policy covers a wide range of risks for direct physical damage, including fire and theft, under an all-risk policy structure with broad coverage.

Broker-Agent 52

Broker-Agent Insurance Insurer Insured 52

Insurance Journal

DECEMBER 2, 2024

announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired the UK-based operations of Caytons Law LLP. Gallagher & Co. Terms of the transaction were not disclosed. Caytons is a claims and legal management firm …

Claim 249

Claim Risk Broker-Agent Broker 249

Insurance Journal

DECEMBER 3, 2024

the Rolling Meadows, Illinois-headquartered insurance brokerage, risk management and consulting services firm, announced the acquisition of a Canadian and Australian insurance brokerages. Gallagher & Co., In Canada, Gallagher purchased Sault Ste. Marie, Ontario-based Dawson & Keenan Insurance Ltd.

Risk 246

Risk Broker-Agent Insurance Insurer 246

Rough Notes

NOVEMBER 1, 2024

A guide for agents and brokers on the peril, its impact, mitigation steps and response By Thomas Brocksmith As natural catastrophes go, hail probably isn’t at the top of the list of perils that keep most people up at night. Yet, every year, hail is the cause of damage to hundreds of thousands of properties […]

Broker-Agent 98

Broker-Agent Damage Broker Agents 98

Insurance Journal

FEBRUARY 3, 2025

announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired W K Webster & Co Ltd. Gallagher & Co. Terms of the transaction were not disclosed. W K Webster specializes in marine and transit claims …

Claim 235

Claim Marine Risk Broker-Agent 235

AMAXX

JANUARY 13, 2025

Insurance Company: The Risk Bearer Often referred to as the underwriter, insurer, or carrier, the insurance company provides the workers’ compensation policy and assumes the employers risk. Brokers and Agents: Employer Advocates Brokers serve as intermediaries between employers and insurance companies.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Broker-Agent 98

Protect Commercial Insurance

SEPTEMBER 13, 2024

The Role of Brokers in Securing the Best Commercial Insurance Deals When it comes to safeguarding a business, securing the right commercial insurance is a crucial step. Here is where brokers come in, not merely as middlemen, but as invaluable partners in the quest for the best commercial insurance deals.

Commercial Insurance 52

Commercial Insurance Broker Commercial Broker-Agent 52

American Agents Alliance

FEBRUARY 7, 2025

Social inflation and E&O risks are connected as agents must manage policyholder expectations even as claims costs rise, premiums remain high, and denials are issued for claims policyholders expected to be covered. Learn more about social inflation and E&O risks and how to manage these concerns.

Broker-Agent 52

Broker-Agent Risk Policyholder Agents 52

Distinguished

OCTOBER 1, 2024

If you missed our recent webinar, “Fine Art & Collectibles Insurance: Q&A for Brokers,” don’t worry. Brokers with similar accounts are welcome to send them in for review. Prior to her years as an underwriter, Alison spent seven years as an insurance broker specializing in the Fine Arts.

Broker 52

Broker Broker-Agent Inland Marine Insurance 52

American Agents Alliance

JANUARY 11, 2025

The recent Eaton and Palisades fires in the greater Los Angeles area are evidence of the increasingly prevalent wildfire risk in California. As stories of resilience and courage emerge and the fires are contained, agents and brokers provide critical insurance support for policyholders.

Insurance Industry 52

Insurance Industry Risk Broker-Agent Policyholder 52