All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Jan 18 2019 // Vital Insurance Partners, an insurance consulting and program intermediary, has named Curtis Kochman senior vice president of Program Placement.Kochman, who will be based in Pittsburgh, Penn., will be responsible for the...
Jan 15 2019 // Cyber insurance is trending upward, the industry is growing, and the technology around it is evolving at a very quick pace. While predictions are always hard to make, here are five trends that are likely to catapult the...
Jan 9 2019 // AmTrust Financial Services announced leadership changes as it moves forward now as a private company.Its $2.95 billion privatization plan was finalized on November 28, 2018 after receipt of all approvals, according to the...
Jan 8 2019 // Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary Accredited Insurance (Europe) Ltd. has signed a new program underwriting partnership with Kitsune Ltd., a UK managing...
Jan 8 2019 // Brit Ltd., the London-based specialty insurer and reinsurer, announced it has made a significant strategic investment in Sutton Special Risk Inc. Financial details of the deal were not released.Toronto-based Sutton is a...
Dec 20 2018 // Independent specialty managing general agent Nexus Group announced it has completed the acquisition of Hiscox Global Flying (HGF) via an asset purchase into Millstream Underwriting Ltd., a Nexus Group company that...
Dec 17 2018 // Reinsurance broker JLT Re North America is partnering with Pact Insurance, a personal auto insurtech company, to develop digital insurance products for mobility risks.Pact is a managing general agency headquartered in San...
Dec 3 2018 // As more and more consumers click for services and borrow rather than buy, the sharing economy is benefitting.According to Harvard Business Review, the sharing or on-demand economy is attracting more than 22.4 million...
Nov 27 2018 // Corvus Insurance has secured $10 million in new venture financing that the Boston-based insurtech managing general agency plans to use to jump into additional lines of commercial insurance.Two firms led the startup’s...
Nov 19 2018 // AFL Insurance Brokers, the London-based Lloyd’s broker, was looking for an MGA platform in the United States and found the perfect partner when it purchased Zodiac Insurance Services, which specializes in...
Nov 8 2018 // Insurance industry trailblazer Patrick Ryan thinks the insurance program business could be headed for interesting times given recent consolidation in the retail insurance agency sector, an influx of capital and the recent...
Oct 29 2018 // AFL Insurance Brokers, the London-based Lloyd’s broker, was looking for an MGA platform in the United States and found the perfect partner last month when it purchased Zodiac Insurance Services, which specializes in...
Oct 22 2018 // While there are some issues with the data, virtually every report shows the cyber insurance market growing. Aon Benfield had it growing 37 percent last year to $1.8 billion. It’s profitable and the loss ratio is in...
Oct 16 2018 // National wholesale brokerage, managing general agent and program underwriter Worldwide Facilities has announced a restructuring that reorganizes operations into three divisions: Worldwide Brokerage, Worldwide MGA, and...
Oct 4 2018 // Ascent Underwriting, the London-based cyber and specialty lines managing general agent (MGA), has appointed Caspar Stops as head of cyber.Stops, who will take up the role at the end of November, joins from Brit Ltd. where...
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,...
Sep 21 2018 // Fidelis Insurance announced it has taken an equity stake in a new managing general agent, Kersey Specialty Ltd., and will be providing underwriting capacity. London-based Kersey will focus on the upstream energy...
Sep 18 2018 // Los Angeles-based Worldwide Facilities LLC announced plans to acquire managing general agent and excess and surplus lines broker, McClelland and Hine Inc. and McClelland & Hine Trucking Underwriters LLC (collectively,...
Sep 17 2018 // London-based insurance provider Thomas Miller reports it has agreed to purchase the managing general agency and insurance services operations of Zeller Associates, a shipping, trade and transport insurance specialist based...
Sep 10 2018 // Independent specialty managing general agent Nexus Group has completed the acquisition of Altitude Risk Partners from the club-style MGA formation platform Castel Underwriting Agencies Limited in an asset purchase.Altitude...