Latest Agencies Headlines

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

How Agents Can Help Construction Businesses Get Back on Track

Apr 26 2021 // Construction business owners experienced declines in their revenues, project completions, new bids and workforce, as the pandemic took hold in 2020. In fact, 7-in-10 construction business owners were negatively affected by...

Insuring Cannabis Webinar Take Home: Carriers, Brokers Waiting on Sidelines

Apr 22 2021 // There may be many more carriers and brokers waiting on the sidelines of the insuring cannabis sector to get in than most may realize.That was among the messages delivered by experts during Insurance Journal’s webinar...

Howden to Acquire Spain’s Largest Independent Broker, ARTAI

Apr 22 2021 // Howden, the London-based insurance broker, has announced the acquisition of ARTAI, Spain’s largest independent corporate insurance broker.The transaction, which is pending approval from Spain’s Directorate...

Broker Howden Launches Retail Operation in Switzerland, with Aon’s Jenny as CEO

Apr 20 2021 // Howden, the London-based insurance broker, announced that it has appointed Felix Jenny to lead its new retail operation in Switzerland.Howden Switzerland will form an important part of Howden’s European business,...

Digital E&S Broker Pathpoint Releases Lessor’s Risk Commercial Package

Apr 20 2021 // Pathpoint, a digital excess and surplus lines insurance distributor, has launched its Lessor’s Risk Only (LRO) Commercial Package for agents to access non-admitted coverage for property owners with a single...

Arthur J. Gallagher Invests in Broker ACE via Partnership with Dubai’s MIG Group

Apr 19 2021 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced that it has agreed to a strategic partnership with MIG Holding Ltd. (MIG Group), which will see the company take a minority interest in...

People Moves: Burkhart to Lead Michigan Big ‘I’; J.M. Wilson Promotes 3, Adds VanderMaiden

Apr 19 2021 // Jared Burkhart will be the next CEO of Big “I” Michigan (MAIA), the association announced.Burkhart joins the Big “I” team on May 3 and succeeds the current CEO, Bev Barney, who is retiring Aug. 31....

Proximity Protect Brokerage Targets Coworking, Flex Space Industry

Apr 19 2021 // Workspace management software company Proximity Space Inc. has launched Proximity Protect, a specialty, nationwide insurance brokerage offering coverage for coworking and flex space operators, members and tenants.According...

What Young Agents Think

Apr 19 2021 // This issue of Insurance Journal features exclusive results from the 2021 Young Agents Survey where nearly 300 young agents nationwide shared their views on the insurance industry and their experience as an agent. (see page...

Why Agencies Need to Improve Key Metric Measurements in Today’s Economically Challenging Times

Apr 19 2021 // Agency executives can greatly increase the success of their organizations if they know how many customers they have. That sounds fundamental. However, I find that most agencies do not have solid counts. They think they do,...

Profile of Young Agents

Apr 19 2021 // 61.7% are 31 to 40 years old.38.3% are 30 and under. 85.5% consider insurance to be a permanent career choice;12.0% are unsure;81.4% would recommend career choice to another young person — but13.6% are not sure they...

How Young Agents See Diversity

Apr 19 2021 // I’d like to see the industry known for insurance professionals coming from all walks of life, and that success can be reached in our industry no matter who you are. To not push it for the sole sake of sounding...

What Young Agents Like Most

Apr 19 2021 // Everyday is something different. This job is never repetitive. Flexibility, freedom, and the opportunity to run my own business. The ability to work in any industry with interesting companies. I really enjoy getting to...

What Young Agents Like Least

Apr 19 2021 // Being in personal lines at the moment, my least favorite part is the large amount of time that is spent talking to customers who have been conditioned to focus solely on price. Having to deal with mostly incompetent...

What Young Agents Think Survey: Optimism High Among Young Agent Leaders

Apr 19 2021 // Despite ongoing concerns over the pandemic, young agents say they felt supported by their agencies over the past year.A majority of young agents felt satisfied with how their agency responded to COVID-19 and rated their...

Massachusetts Regulators Seek to Revoke Robinhood’s License; Brokerage Sues

Apr 16 2021 // Massachusetts regulators on Thursday sought the revocation of Robinhood’s broker-dealer license after charging that it encourages inexperienced investors to place risky trades without limits, while the online...

American Modern Launches Digital Social Media Toolkit for Agents

Apr 15 2021 // American Modern, a specialty insurance provider of residential and recreational coverage, has launched Social To Go, an online toolkit designed to give agents ways to effectively use social media.According to Kevin...

Xenia Broking to Acquire UK-Based Credit Insurance Alliance (Brokers)

Apr 14 2021 // Xenia Broking Group, the London-based credit insurance and surety specialist, announced it has entered into an agreement to acquire Credit Insurance Alliance (Brokers) Ltd. (CIA).An independent trade credit insurance...

Broker BMS Launches Analytics Platform to Support Clients’ Risk Transfer Goals

Apr 13 2021 // BMS, the London-based independent specialist insurance and reinsurance broker, announced the launch of an analytics platform called Pathlight AnalyticsTM.The platform is designed to harness the collective power of the...

Unlicensed California Agent Sentenced After Stealing $450K in Premiums

Apr 12 2021 // Ai Ling Lee, 61, an unlicensed insurance agent living Hacienda Heights, was convicted of nine felony counts of grand theft after reportedly stealing nearly half-a-million dollars of her small business clients’...