Latest Insurance Wholesale Headlines

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

Fidelis’ MGA Firestone Rebrands to Oakside

Jun 25 2018 // Fidelis Insurance announced it has rebranded its managing general agent (MGA), Firestone Surety Ltd., to Oakside Surety Ltd. London-based Oakside is focused on the small and medium-sized enterprises sector of the surety...

Connecticut’s Paragon Insurance Holdings Hires Fuller

Jun 21 2018 // Paragon Insurance Holdings LLC, a national, multi-line specialty managing general agency (MGA) based in Avon, Conn., has hired Tonya Fuller as vice president of its Winery and Brewery division. Additionally, Ashley...

Insurtech MGA Corvus Insurance Launches ‘Smart’ Cyber Coverage

Jun 18 2018 // Corvus Insurance, an insurtech managing general agent, has released a new cyber insurance offering for organizations with up to $1 billion in annual revenue.The new Smart Cyber Insurance product includes the features of a...

Major Growth Plans Ahead for Schinnerer Group – Now Rebranded as ‘Victor’

Jun 18 2018 // Big changes are ahead at The Schinnerer Group, a managing general underwriter (MGU), which is getting a new name – Victor – and has some major expansion plans.From its current premium base of $1.2 billion,...

Texas Insurance Wholesalers Find Strength in Independence, Relationships

Jun 15 2018 // There’s no denying the robust mergers and acquisition trend among wholesale brokers in the property/casualty insurance industry nationwide, and Texas is no exception.But some Texas wholesale brokers and managing...

UK MGU StartPoint Taps Liberty Specialty’s Selby to Lead Financial Institutions Team

Jun 15 2018 // London-based managing general underwriter StartPoint Executive Risks has appointed Mark Selby as head of its newly created financial institutions underwriting practice.The FI practice is a complement to the current...

MGA Volante Obtains US$900M in Capacity to Support 9 Global Underwriting Teams

Jun 14 2018 // Volante Global Ltd., the new international managing general agent (MGA) platform, has successfully secured a US$900 million gross premium, multi-class, multi-territory “A+” capacity treaty agreement.The...

Arthur J. Gallagher & Co. Announces Acquisition of New York’s H.R. Keller & Co.

Jun 13 2018 // Arthur J. Gallagher & Co. has announced the acquisition of Buffalo, N.Y.-based H.R. Keller & Co. Inc. Terms of the transaction were not disclosed.H.R. Keller & Co. Inc.’s Eric Keller, Andrew Coric and...

Property MGA EPUL Offers Online Terrorism Cover as Pool Re Alternative in UK

Jun 11 2018 // European Property Underwriting Ltd. (EPUL), the London-based commercial property managing general agent (MGA), has launched a flexible UK and Northern Ireland terrorism solution offering cost-effective cover as an...

Breckenridge Insurance Services Hires Commercial Insurance Cyber Specialty Broker Ashley Holtz

Jun 8 2018 // Atlanta, GA, June 8, 2018 — Breckenridge Insurance Services is pleased to announce Ashley Holtz has joined the wholesale brokerage team as assistant vice president and broker. Holtz brings additional cyber coverage...

Profile: Major Growth Plans Ahead for Schinnerer Group – Now Rebranded as ‘Victor’

Jun 7 2018 // Big changes are ahead at The Schinnerer Group, a managing general underwriter (MGU), which is getting a new name – Victor – and has some major expansion plans.From its current premium base of $1.2 billion, Victor has...

Arthur J. Gallagher Closes Acquisition of Texas MGA, Pronto Insurance

Jun 6 2018 // Arthur J. Gallagher & Co. has completed the acquisition of Brownsville, Texas-based managing general agency (MGA), broker and claims administrator Pronto Insurance. Pronto’s primary business is the placement of...

Risk Strategies Acquires Cincinnati Intermediaries

Jun 4 2018 // National insurance brokerage and risk management firm, Risk Strategies, has acquired Ohio-based Cincinnati Intermediaries LLC, a specialty wholesale brokerage and managing general underwriter (MGU) focused on professional...

People

Jun 4 2018 // Smart Choice has named Chris Reisdorf, formerly of All Risks, to lead the company’s efforts in North Carolina as state director.A 25-year veteran of the insurance industry, Reisdorf has worked in a number of areas...

Some Texas Insurance Wholesalers Find Strength in Independence

Jun 4 2018 // There’s no denying the robust mergers and acquisition trend among wholesale brokers in the property/casualty insurance industry nationwide, and Texas is no exception.But some Texas wholesale brokers and managing...

Breckenridge Insurance Services Promotes Two Senior Team Members

May 31 2018 // Atlanta, GA, May 31, 2018 — Breckenridge Insurance Services recently promoted two senior team members within the wholesale brokerage team. Trevor Pierce is now the division vice president and managing broker of multiple...

Aon Names Hennessy to Head New Carrier Solutions Group

May 30 2018 // Insurance broker Aon has appointed Karl Hennessy as chief executive officer of the firm’s newly created Carrier Solutions group.The newly formed group will support and grow Aon’s network of managing general...

Castel Specialty Taps White to Lead New Political Risk Division

May 22 2018 // Castel Specialty, the division of managing general agent Castel Underwriting Agencies Limited for smaller books of niche business, has expanded its portfolio with the launch of Castel Political Risk.Led by Tom White,...

MGA Boost Provides Insurtechs with Insurer Access, Backend Operations

May 17 2018 // Boost Insurance has nailed down a dedicated reinsurance facility to help support its B2B insurtech development platform.Nephila is leading the facility with participation from Markel Digital, the insurtech group within...

Arthur J. Gallagher to Acquire Texas MGA, Pronto

May 10 2018 // Arthur J. Gallagher & Co. has agreed to acquire 100 percent of the equity interests of Pronto Holdco LLC, the parent company of Pronto Insurance (Pronto). The transaction is subject to customary closing conditions and...