Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Report: Confusion in Wisconsin Refinery Blast Evacuation Caused by Social Media

Oct 15 2018 // Social media caused confusion during evacuation efforts following a refinery explosion and fire in Wisconsin, according to a report.Douglas County created an 18-page report examining the emergency response to the Husky...

Insurtech Partnerships: What Insurers Want and Get

Oct 15 2018 // Remember the scene in the 1989 movie When Harry Met Sally? During lunch with Harry at a deli, Sally very publicly fakes a wild orgasm. A nearby patron, when asked what she’d like to order, signals in Sally’s...

Supply and Demand Keeping M&A Market Active

Oct 15 2018 // In the first two quarters of 2018, we saw continued high levels of merger and acquisition (M&A) activity. There were 252 announced deals through June 30, 2018.Those deals were spread over a vast universe of buyers...

Insurtech Jumpstart Rolls out Parametric Earthquake Product for Californians

Oct 15 2018 // A firm that wants to make a name for itself as the first parametric insurtech in the U.S. for earthquakes has officially launched in California, over a year after its anticipated original launch date.Jumpstart Insurance...

People

Oct 15 2018 // Stone Creek Insurance Agency is expanding its Spokane, Wash. presence with the addition of four new employees.San Francisco Bay Area-based Stone Creek launched its Spokane office in February. Charles Hook has been named...

People

Oct 15 2018 // Wholesale insurance services firm, Midlands Management Corp., headquartered in Oklahoma City, appointed Mark Sullivan as leader of its Transportation team. He is based in Dallas.Sullivan joined Midlands in 2010 as an...

Cincinnati Financial to Acquire London Specialty Underwriter from Munich Re

Oct 12 2018 // In a bid to diversify its earnings and expand its markets beyond the U.S., Cincinnati Financial Corp. has agreed to acquire MSP Underwriting Limited, a London-based global specialty underwriter and subsidiary of Munich...

Berlin Insurtech Startup Simplesurance Sets Sights on U.S. for Future Expansion

Oct 12 2018 // Simplesurance founder and CEO Robin von Hein sat down last year with Insurance Journal’s sister publication, Carrier Management, to discuss the company’s strategy.Based on the edge of Berlin’s trendy...

Canadian Broker Network Appoints Kemp, Co-President of CapriCMW, as Chairman

Oct 12 2018 // Canadian Broker Network(CBN), the Toronto-based network of independent insurance brokers, has appointed Andrew Kemp, co-president, CapriCMW Insurance Services Ltd., as the next CBN chairman.He succeeds Mike Robinson,...

Insurance Agency M&A Activity Continues at ‘Impressive’ Level: OPTIS

Oct 12 2018 // There were 463 announced insurance agency mergers and acquisitions during the first three quarters of the year, the second-highest nine-month total.According to OPTIS Partners’ M&A database, the total trails only...

Willis Towers Watson Names Kinzer Head of Construction Brokerage

Oct 12 2018 // Insurance broker and advisor Willis Towers Watson has named Kelly Kinzer as head of Construction Broking in its Corporate Risk and Broking segment. Kinzer, a 15-year industry veteran, joined Willis Towers Watson in 2015...

Nguyen Promoted to Personal Lines Manager at Texas All Risk, Select General Agencies

Oct 11 2018 // Dallas-based Texas All Risk General Agency Inc. and Select General Agency LLC have promoted Binh Nguyen to personal lines manager.Nguyen will oversee underwriting and customer service for Texas All Risk homeowner’s...

AGCS Taps Brewer from AIG, Promotes Tiplady, for UK Broker Relationship Team

Oct 11 2018 // Allianz Global Corporate & Specialty SE (AGCS), Allianz Group’s specialist carrier for corporate insurance business, announced the appointments of Lee Brewer as senior broker relationship manager and Harriet...

Brokerslink Expands in Africa with Addition of 8 Independent Brokers

Oct 11 2018 // Brokerslink announced the expansion of its global broker network, which includes eight independent brokers from Africa, a brokerage in Indonesia, two specialist wholesale brokers and two companies that focus on risk and...

Muldowney Named President of Independent Insurance Agents of Illinois

Oct 8 2018 // Patrick Muldowney has been elected president of the Independent Insurance Agents of Illinois.The Chicago-based Muldowney will be responsible for the general leadership functions of the organization. He will also serve as a...

Lending Tree to Buy Online Insurance Service QuoteWizard for $370M

Oct 5 2018 // Online financial services marketplace LendingTree Inc. said it has agreed to acquire QuoteWizard.com, one of the largest online insurance comparison marketplaces.Since its founding in 2006, QuoteWizard has helped nearly 40...

AFL Insurance Brokers Appoints Moretti from JLT as Director of Casualty

Oct 5 2018 // Independent Lloyd’s broker AFL Insurance Brokers Ltd. (AFL) has appointed of Julia Moretti as director – casualty, effective September 2018.Moretti joins the AFL team from JLT Reinsurance Brokers Ltd., where she...

Digital Broker Kelly Klee Launches Online Coverage Plan for Private Clients

Oct 4 2018 // Kelly Klee, Inc., a digital insurance broker in the high net worth space, has released a customizable online coverage plan for private client insurance.The new Kelly Klee online coverage plan allows consumers to see quotes...

Canada MGA Totten Insurance Buys Lloyd’s Coverholder Anderson McTague

Oct 3 2018 // Totten Insurance Group Inc., a Toronto-based managing general agency, announced it has acquired Anderson McTague & Associates Ltd.Terms of the transaction were not disclosed. Headquartered in Saint John, New Brunswick,...

Insurtech Jumpstart Rolls out Parametric Earthquake Product for Californians

Oct 2 2018 // A firm that wants to make a name for itself as the first parametric insurtech in the U.S. for earthquakes has officially launched in California, over a year after its anticipated original launch date.Jumpstart Insurance...