All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Jul 2 2015 // Specialty insurance brokerage Alliant Insurance Services announced today it has expanded its managing general agent (MGA) practice through the acquisition of Preferred Concepts, an insurance program underwriter and...
Jul 1 2015 // UK-based Castel Underwriting Agencies, the club-style MGA formation platform, has appointed James Nugent as its first chief underwriting officer. He joins Castel from Amlin where he was head of underwriting performance and...
Jun 30 2015 // Dallas, TX, June 30 2015–To use a baseball metaphor, Texas All Risk General Agency (TAR) is batting .725 with Atlantic Casualty Insurance Company at the mid-year point.According to TAR VP David Day, “With the All...
Jun 24 2015 // Newbridge Risk Partners has launched operations on Castel Underwriting Agencies MGA formation platform, targeting political violence and terrorism risks in emerging markets.The new underwriting cell will be focused on the...
May 28 2015 // Dallas, TX, May 28, 2015 – Following 3 years of exceptional results in personal lines, Texas All Risk General Agency, Inc. is again expanding it’s homeowners/dwelling fire aggregate in the Greater Houston...
May 18 2015 // The American Association of Managing General Agents (AAMGA) expanded its membership again in 2015 with the addition of eight new organizations, all based in Canada.The Canadian organizations sought to become part of the...
May 15 2015 // A.M. Best has revised the outlook to positive from stable for the issuer credit rating (ICR) of MGA Insurance Co. Inc. (MGA) in Dallas and affirmed its ICR of “bbb.”Concurrently, A.M. Best has affirmed the...
Apr 29 2015 // Dallas, TX, April 29, 2015 – Texas All Risk General Agency, Inc. has been awarded the rare distinction “Exemplary Agent” by Nautilus Insurance Group (a W. R. Berkley Company). Nautilus gives this...
Apr 22 2015 // Portage, Mich.-based managing general agency and surplus lines broker, J.M. Wilson, has promoted Dawn Van Niman who will be serving multiple roles as accounting and finance associate, agency coordinator assistant, and...
Apr 21 2015 // Paragon Insurance Holdings LLC., a managing general agency based in Avon, Connecticut, hired Randy Roppelt as president of the Construction Division. Prior to joining Paragon Insurance, Roppelt was president and chief...
Apr 20 2015 // Acquisition activity for the first quarter of 2015 reached 90 deals, a record for the first three months of the year. We saw the same number of transactions announced during the fourth quarter of 2014, typically the most...
Apr 13 2015 // The nonstandard auto market is not for every carrier or agency. Since 2007, carriers writing nonstandard auto policies have reported deteriorating operating performance and many have struggled to maintain market share.But...
Apr 8 2015 // Houston-based upstream oil and gas energy managing general agent (MGA), J.H. Blades & Co. Inc., Swett & Crawford’s Dallas energy team and the recently-acquired Burke Daniels Inc., have joined forces with Wild...
Apr 7 2015 // RSG Underwriting Managers (RSGUM) has launched Windward Specialty, a new managing general underwriter. Windward Specialty will underwrite a range of property risks exclusively through wholesale insurance brokers. The new...
Apr 1 2015 // CGSC North America has launched STATPro Underwriters, a managing general agency serving the Miscellaneous Professional Liability insurance marketSTATPro provides underwriting exclusively via Swett & Crawford wholesale...
Apr 1 2015 // The Bermuda-based Hamilton Insurance Group has completed the acquisition of Sportscover Underwriting Limited, the Lloyd’s managing agent for Syndicate 3334, and Kinetic Insurance Brokers Limited, a Lloyd’s...
Mar 26 2015 // Insurance wholesaler J.M. Wilson has promoted Jenna Caschetta to property/casualty underwriter in its Arlington Heights, Ill., office and added Gerry McCabe as P/C underwriter.Caschetta is responsible for quoting new and...
Mar 23 2015 // Insurance Journal reported on more than 200 deals involving agencies’ or brokerages’ mergers and acquisitions in 2014. Activity was busiest in the first and fourth quarters, with more than 60 announcements...
Mar 20 2015 // The UK’s Managing General Agents’ Association (MGAA), has announced a much needed initiative to find and promote “young talent” in the insurance industry. It’s specifically aimed at...
Mar 9 2015 // The nonstandard auto market is characterized by substandard operating performance. Since 2007, carriers writing nonstandard auto policies have reported deteriorating operating performance and many are struggling to...