Latest Agencies Headlines

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

SME Broker Ardonagh Advisory to Acquire UK-Based R.K. Henshall

Aug 19 2024 // Ardonagh Advisory, Ardonagh Group’s SME broking platform, has agreed to acquire UK chartered insurance broker R.K. Henshall & Co. Ltd.Financial details of the transaction, which is subject to regulatory approval,...

Agents Say Outlook Positive: Survey

Aug 19 2024 // Despite challenges posed by inflation, market volatility and rapidly changing technologies, independent agents remain positive about their businesses and report more optimistic perceptions of national business conditions...

101 Ideas for Sales, Marketing & Agency Management

Aug 19 2024 // 1. Content Marketing. Use content marketing to stand out as an industry thought leader. Create informative and engaging content, such as blog posts, whitepapers, and e-books focused on industry trends and insurance tips....

Downward Spiral: Florida Insurance Agent Charged with Embezzlement After Lawsuits

Aug 16 2024 // Florida authorities have arrested a well-known southwest Florida insurance agent, charging him with larceny and embezzlement of premiums.Reid McDaniel, 33, who was named the honorary mayor of North Fort Myers last year but...

Best Agencies to Work For: Submit Now.

Aug 15 2024 // Is your agency a Best Place to Work? Then it’s time to nominate your agency for Insurance Journal’s “Best Agency to Work For” award.To nominate your agency, you must be a current employee of the...

Insurance Broker NFP Acquires Orca Financial Group in Ireland

Aug 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...

Sica Fletcher Index: Agency-Broker M&A Down Slightly in First Half 2024

Aug 13 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...

People Moves: Everest Launches Global Broker Management Team Led by Izzo; Evolin Broking Launches Casualty Division With 3 Senior Hires

Aug 12 2024 // This edition of International People Moves details appointments at re/insurer Everest Group and Evolin Broking.A summary of these new hires follows here. Everest Launches Global Broker Management Team Led by IzzoEverest...

PCF Insurance Services Acquires DLD Insurance Brokers in California

Aug 12 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...

Innovating Insurance Distribution: The Role of Managing General Agents, Managing General Underwriters and Program Administrators

Aug 7 2024 // This post is part of a series sponsored by Dyad. In the insurance industry, managing general agents (MGAs), managing general underwriters (MGUs), and program administrators (PAs) fill a critical role in facilitating the...

People Moves: Benefield Joins B&R as SVP and Broker

Aug 6 2024 // Wes Benefield 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...

Congratulations Top 100 Agencies

Aug 5 2024 // This year marks the 20th annual publication of Insurance Journal’s Top 100 Independent Agencies special report. Again, a large majority of firms in the Top 100 saw notable increases in total property/casualty revenue...

Upskilling: Three Skills to Sharpen as a Seasoned Agent Who Wants More

Aug 5 2024 // Whether they own their own agency or not, an insurance producer is essentially an independent businessperson. Why? Because a producer’s income, as someone whose primary income is based on commissions, is largely up...

Tesla Registers Insurance Brokerage in China, National Corporate Database Shows

Aug 2 2024 // Tesla registered an insurance broking firm in China at the end of July, based on a national corporate information database, in a sign that the U.S. automaker may be trying again to gain approval to sell insurance products...

Insurance Broker Miller Acquires Swiss Reinsurance Capital Advisory Business

Aug 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...

Confie Acquires Insurance Agencies in Texas, Florida, North Carolina

Jul 30 2024 // Confie, a California-based personal lines distributor, has acquired three insurance agencies in the South, the firm said last week.Affordable Insurance in Hendersonville, North Carolina; US1 Insurance in Miami; and...

Brown & Brown Agrees to Buy Dutch Insurance Broker, Quintes Holding B.V.

Jul 29 2024 // Brown & Brown Inc. announced it has entered into an agreement to acquire Quintes Holding B.V., a Netherlands-based insurance group.Brown & Brown acquired Quintes from the private investment firm Aquiline Capital...

BMS Agrees to Purchase UK Insurance Broker DR&P From Private Equity Firm Inflexion

Jul 29 2024 // BMS Group, the London-based independent specialist re/insurance broker, has entered into an agreement to acquire David Roberts & Partners (DR&P) from private equity firm Inflexion.Financial details of the deal were...

Outlook Positive, AI Use on the Rise for Independent Agents, Says Nationwide

Jul 25 2024 // Despite challenges posed by inflation, market volatility and rapidly changing technologies, independent agents remain positive about their businesses and report more optimistic perceptions of national business conditions...

How California’s Homeowners Insurance Crisis Is Affecting Brokers

Jul 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...