Latest Insurance Wholesale Headlines

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

Security Vendors, Partnerships Offer Key to Simplifying, Selling Cyber Insurance Online: CoverHound CEO

Jun 9 2016 // CoverHound CEO Keith Moore has a vision of simplifying cyber insurance sales that involves underwriting the security vendors used by insureds—a model that could ultimately allow small business customers to bind their...

Wiggins Joins MGA-Focused Holding Company, DOXA, in Indiana

Jun 7 2016 // Fort Wayne, Ind.-based DOXA Insurance Holdings LLC (DOXA) has named Timothy Wiggins as chief operating officer and managing partner.DOXA, launched in April 2016, is a holding company focused on managing general agents...

Nexus Signs 3-Year Capacity Deal with XL Catlin to Write Financial Lines in Asia

May 31 2016 // Nexus Underwriting, the independent specialty managing general agent (MGA), has signed a three year underwriting capacity deal with XL Catlin in Asia through XL Insurance Co. SE.Through its new branch based in Hong Kong,...

AAMGA’s Incoming President Levy Talks About Challenges, Opportunities

May 23 2016 // For 90 years the American Association of Managing General Agents (AAMGA) has dedicated itself to the growth and sustainability of the global specialty distribution marketplace. This year’s incoming AAMGA president,...

Fry Promoted to Senior VP Specialty Programs at QBE North America

May 12 2016 // QBE North America said it has promoted Erin Fry to senior vice president and underwriting leader for its Specialty Programs division.Fry will be responsible for the strategic underwriting plan for QBE specialty products...

K2 Acquires MGA; Launches Comp, Accident Programs with QBE

Apr 18 2016 // Program specialist K2 Insurance Services (K2) has acquired New Jersey-based High Point Underwriters, a managing general agency (MGA) specializing in workers’ compensation alternatives. K2 also launched a nationwide...

Verisk Opens Commercial Property Data to MGAs, Program Managers

Apr 15 2016 // Verisk Insurance Solutions said it is making its data for loss estimating of commercial properties available to managing general agents (MGA), managing general underwriters (MGU), and program administrators and others in...

Specialty Insurance Veteran Launches MGA Holding Company: DOXA

Apr 12 2016 // A group of investors led by Matthew Sackett, former senior vice president of national sales for K&K Insurance and former president and CEO of Leisure Sports Specialists, has announced the formation of DOXA Insurance...

London MGA, Pardus, Raises £1.6M ($2.3M) to Facilitate Next Phase of Growth

Apr 7 2016 // Pardus, the London-based independent managing general agency (MGA), announced the completion of a £1.6 million ($2.3 million) capital raising, which attracted a variety of new private investors into the business.Pardus...

Antares Lloyd’s Syndicate Partners with Iron-Starr, Ironshore’s Bermuda MGA

Apr 7 2016 // Ironshore Inc. announced that Antares Syndicate 1274 at Lloyd’s will join as a subscribing insurer for Bermuda-based Iron-Starr Excess Agency Ltd.Iron-Starr is a managing general agency (MGA), which underwrites...

K2 Insurance Acquires MGA, Launches Workers’ Comp, Accident Program with QBE

Apr 4 2016 // Program specialist K2 Insurance Services (K2) has acquired a New Jersey managing general agency specializing in workers’ compensation alternatives and also launched a nationwide workers’ compensation program...

BB&T Completes Acquisition of Swett & Crawford

Apr 4 2016 // BB&T Corp. said it has completed its acquisition of wholesale insurance and reinsurance broker CGSC North America (Swett & Crawford) from Cooper Gay Swett & Crawford.North Carolina-based BB&T said it...

AmWINS’ MGA Unicorn Names Nightingale as CEO, Cashen as Motor Fleet U/W

Mar 30 2016 // Charlotte, N.C.-based broker AmWINS Group Inc. announced the appointment of Darren Nightingale as chief executive officer of its London-based managing general agent, Unicorn Underwriting.Nightingale will be joined by...

Blue River Underwriters Expands Auto Dealer Program Nationally With Acquisition of Platinum Program Managers and Insurance Services

Mar 30 2016 // Atlanta, GA, March 30, 2016 — Blue River Underwriters, a Breckenridge Insurance Group company, has acquired California-based wholesale commercial auto insurance provider Platinum Program Managers and Insurance Services....

AmWINS Gets Backing for Unicorn MGA from Berkshire Hathaway International

Mar 29 2016 // U.S.-based global insurance distributor AmWINS Group Inc. announced it has secured backing from AA+ rated Berkshire Hathaway International Insurance Ltd. for its London-based managing general agent (MGA), Unicorn...

Former U.S. Security Specialist’s MGA Ridge Global Tackling Cyber Risks

Mar 23 2016 // It may be surprising to some that a former governor and head of National Security started an insurance company focused on cyber risk, but Tom Ridge, president and CEO of Ridge Global says it shouldn’t be.“While...

Mark Walker Joins Breckenridge Insurance Services in Pivotal Leadership Role

Mar 7 2016 // Atlanta, GA, March 7, 2016 — Mark Walker has joined Breckenridge Insurance Services wholesale brokerage division to oversee the market development efforts as SVP, chief market officer and casualty practice leader. Walker...

Jewelers unBLOCKed Appointed MGA for Tokio Marine

Mar 2 2016 // Tokio Marine Management & Insurance Companies (TMM) and Jewelers unBLOCKed (JUB) have entered into an exclusive agreement to offer jewelers block insurance coverage in the United States. The program will provide a...

ANV Increases Lloyd’s Underwriting Capacity for M&A Cover

Mar 1 2016 // ANV Global Services Ltd., the managing general underwriter (MGU) segment of specialty insurance group ANV Holdings, announced an increase in its Lloyd’s underwriting capacity for mergers and acquisitions...

BB&T to Buy Swett & Crawford for $500M

Feb 24 2016 // Three months after it announced it would sell its North American operations, U.K.-based wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) has a buyer. North Carolina-based BB&T Corp. has agreed to...