All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Sep 18 2017 // Detroit, Mich.-based H.W. Kaufman Financial Group named Daniel J. Kaufman senior vice president of corporate growth. Kaufman will continue to serve as managing director and lead the Chicago, Milwaukee, Pittsburgh and...
Sep 14 2017 // With growth prospects becoming rarer in the continuing competitive insurance market, carriers are among three sets of buyers fueling a hot M&A environment for specialized managing general agencies, representatives of...
Sep 12 2017 // Safebuilt Insurance Services, Inc. dba SIS Wholesale Insurance Services, a national commercial lines insurance program administrator, has launched a new online inland marine contractors’ equipment program. The...
Sep 7 2017 // Specialty Program Group LLC has acquired the assets of Burbank, Calif.-based wholesaler Monarch E&S Insurance Services.Monarch E&S is a full-service MGA and wholesale brokerage established in 1986. The firm...
Sep 4 2017 // As long as there is an insurance industry, wholesaler brokers believe they will have a role to play.“We will continue to be an important sector – a small sector – but still a very important sector of how...
Aug 31 2017 // Ascot Group Ltd. (AGL) announced the creation of Vertical Underwriting Managers, its first specialty managing general agency (MGA) cell under Ethos Specialty Insurance Services, AGL’s standalone MGAVertical will...
Aug 29 2017 // Atlanta, GA, August 29, 2017 — Breckenridge Insurance Services welcomes commercial property and casualty broker David Stamatis, ASLI as vice president. Stamatis will further the geographic office expansion of the team to...
Aug 23 2017 // NexAssure Group is set to open a specialist managing general agent, NexAssure Agency (UK) Ltd. in London and has appointed a senior underwriter Mark Angel as head of Specialty to lead the company’s expansion into...
Aug 22 2017 // Ascot Group Ltd. (AGL) has launched Ethos Specialty Insurance Services, LLC, a standalone managing general agent (MGA), operating under AGL.Michael Sillat has been appointed as chief executive officer of Ethos, effective...
Aug 21 2017 // DOXA Insurance Holdings LLC, a Midwest-based private equity investment firm acquiring medium to small managing general agencies (MGAs), has appointed Kevin Wall as the company’s new chief financial officer (CFO). A...
Jul 24 2017 // Chief executive officers of property/casualty insurance brokers and P/C insurance carriers called each other out in June for engaging in activities they said were “classic signs of a soft market.”During a...
Jul 19 2017 // JenCap Holdings LLC has agreed to acquire privately held Special Risks Facilities Inc., an MGA/contract binding authority and wholesale insurance brokerage firm based in Sterling Heights, Michigan.Special Risks was formed...
Jul 19 2017 // Specialty insurance managing general agent Nexus Group said it has acquired the assets of Personal Accident Treaty Reinsurance MGA operated by ZON Re, a U.S. based treaty reinsurance managing underwriter and Lloyd’s...
Jul 11 2017 // Ryan Specialty Group (RSG) announced the formation of its first Latin American-focused managing general underwriter (MGU), hiring two former executives from American International Group to lead the unit.Pascal Alvarez has...
Jul 10 2017 // Insurtech startup Bridger has purchased Pleasanton, Calif.-based SCJ Insurance Services in a step toward launching what the firm contends will be “simpler, cheaper, and easier-to-manage automotive...
Jul 5 2017 // The Hanover Insurance Group Inc. announced that Chaucer, the company’s international specialty insurance group, has acquired SLE Holdings, a market-leading Lloyd’s managing general underwriting agency based in...
Jun 27 2017 // Pen Underwriting* has launched a new product to address the UK construction industry’s wide-ranging, complex risk exposures.Backed by “A”-rated capacity from specialist insurer CNA Hardy, the single...
Jun 22 2017 // Insurtech startup Bridger has purchased Pleasanton, Calif.-based SCJ Insurance Services in a step toward launching what the firm contends will be “simpler, cheaper, and easier-to-manage automotive...
Jun 14 2017 // Chief executive officers of property/casualty insurance carriers and insurance brokers called each other out last week for engaging in activities they said are “classic signs of a soft market.”During a session...
Jun 7 2017 // Dallas-based insurance exchange MarketScout, which provides agents with access to specialty markets, has sold its workers’ compensation managing general agency business to Specialty Program Group.MarketScout said it...