All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Sep 7 2018 // It took just 78 days for a deal involving billionaire J. Christopher Flowers to blow up.Confie Seguros Holding II Co., an owner of auto-insurance brokerages that cater to Hispanic drivers with spotty credit, paid $100...
Sep 7 2018 // Randall & Quilter Investment Holdings Ltd. (R&Q) announced a corporate restructuring to create a new division, Accredited, which comprises its U.S. and European program management businesses.Accompanying this...
Sep 5 2018 // Bluefin Underwriting, a UK-based managing general underwriter (MGU), has rebranded as Victor Insurance.The announcement follows the larger global unification and rebrand of The Schinnerer Group to Victor Insurance earlier...
Sep 5 2018 // Atlanta, GA, September 5, 2018— Blue River Underwriters will hold two separate informational program webinars this month. The first webinar on the Contractors Elite program this Thursday, September 6 from 11:30 a.m. to...
Aug 31 2018 // Canopius announced it has signed a partnership with Anvil Underwriting Ltd., a credit and political risk managing general agent (MGA).The agreement is effective from Sept. 3 and will allow Anvil to underwrite credit...
Aug 20 2018 // 1. RTSP! Read the Stinkin’ Policy! Don’t guess about coverage. Your prospects and clients depend upon you and your knowledge. When in doubt…read the stinkin’ policy! Too often agents rely upon what...
Aug 16 2018 // Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary R&Q Insurance (Malta) Ltd. has signed three new program underwriting partnerships – or fronting arrangements – with...
Aug 13 2018 // Global insurance wholesale brokerage AmWINS Group has formed two specialty managing general agencies focused on the marine industry, AmWINS Specialty Logistics Underwriters (ASLU) and Sentinel Marine Underwriters...
Aug 10 2018 // Pie Insurance, an online seller of workers’ compensation policies to small-and-medium-sized businesses, reported it has completed an $11 million Series A funding round.The company, a full stack managing general agent...
Aug 3 2018 // QBE North America has expanded its operating agreement with Jorgensen & Co., a specialist professional liability managing general underwriter, to offer errors and omissions insurance on an admitted basis to small,...
Jul 26 2018 // Aspen Managing General Agency, a division of Atlanta-based Allstar Financial Group, has partnered with Tower Hill Specialty (THS) to offer property insurance programs in Texas.Tower Hill Specialty offers a range of...
Jul 26 2018 // Sciemus, a specialty managing general agency (MGA), is undertaking a series of changes starting with a new name, Occam Underwriting.“Taking its name from ‘Occam’s razor,’ the problem-solving...
Jul 19 2018 // Texas Security General Insurance Agency LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of Loving and Etheredge Inc. d/b/a Texas Commercial Insurance Facilities (TCIF) and its...
Jul 18 2018 // Managing general agents (MGAs) are increasingly interested in working with insurtech firms to enable their businesses to become more customer-centric, according to a new survey of UK MGAs.More than 42 percent of survey...
Jul 17 2018 // QBE North America has formed a partnership with AmWINS Program Underwriters (APU) to offer errors and omissions coverage for architects, engineers and design (A&E) businesses.The launch is part of QBE’s...
Jul 17 2018 // While there’s a bright future for managing general agents that “get it right,” Grahame Chilton, CEO of Gallagher UK, warns against tolerating the few rogue MGAs who could ruin the reputation of the entire...
Jul 5 2018 // Andrew Matson has been named leader of Aon’s newly formed Global Portfolio Broking team – a Reinsurance Solutions unit.Aon said the unit “will build on the success of established pioneering facilities, while...
Jul 2 2018 // Momentum for rate increases on loss-free reinsurance accounts dissipated during the June/July property catastrophe renewals, and in some cases, pricing declined, according to a report published by Willis Re.For example,...
Jul 2 2018 // AFL Insurance Brokers Ltd. has acquired a controlling stake in specialist employer protection managing general agency (MGA) Concordia Employment Services Ltd., for an undisclosed sum.London-based Concordia was launched in...
Jun 27 2018 // Folgate Insurance Co. Ltd. has received approval from the UK’s Prudential Regulation Authority (PRA) to start writing primary insurance, as well as reinsurance.All business written through Folgate will be...