All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Jun 12 2013 // Nexus Group, a London-based Specialty MGA, has announced a transaction with reinsurer PartnerRe, which covers the current core financial lines underwritten by Nexus for a term of up to five years.Colin Thompson, CEO of...
Jun 6 2013 // USG Insurance Services Inc., a national wholesaler and managing general agent (MGA) has expanded its Louisiana operations with the addition of Jessica Dixon as a producer/broker. She will focus on developing retailers in...
May 20 2013 // Lakeland, FL, 05/20/13 – Epic-Premier Insurance Solutions, Inc., today welcomed Leslie Curtis as National Sales Manager. Leslie possesses extensive experience within the wholesale insurance...
May 15 2013 // The UK’s Managing General Agents’ Association (MGAA) has formally begun its search for its first full time managing director.The announcement explained that the “managing director’s main...
May 14 2013 // After a two year process in which the board of directors of the American Association of Managing General Agents (AAMGA) has examined the changing demographics within the wholesale insurance space, the board has voted to...
May 14 2013 // Oklahoma-based managing general agent, Midlands, is the newest member of the Trusted Choice consumer branding program for independent insurance agents and brokers, the Independent Insurance Agents & Brokers of America...
May 6 2013 // The incoming president of the American Association of Managing General Agents (AAMGA) is no newcomer to insurance. He has some 40 years of experience under his belt.Frank Mastowsi founded his family-run managing general...
May 2 2013 // Arthur J. Gallagher announced the acquisition of UK-based Property & Commercial Limited from Barbon Insurance Group. Terms of the transaction were not disclosed.“This insurance business provides retail and...
Apr 25 2013 // New members joining the UK Managing General Agents’ Association (MGAA) since the beginning of 2013 have increased the total combined gross written premium represented by the Association’s membership to over...
Apr 24 2013 // The McGowan Companies (McGowan), based in Fairview Park, Ohio, has purchased the assets of Governmental Underwriters of America Inc. (GUA). Effective immediately, GUA will begin operating under the newly formed McGowan...
Apr 22 2013 // San Diego, Calif.-based K2 Insurance Services has acquired Aegis Security Inc. in Harrisburg, Penn. Terms of the acquisition were not disclosed.Aegis Security specializes in insurance for manufactured homes, motorcycles,...
Apr 10 2013 // The Independent Insurance Agents and Brokers of America (IIABA) announced that Chicago-based managing general agent Donald Gaddis Co. Inc. has joined the Trusted Choice consumer branding program for independent insurance...
Apr 8 2013 // Strickland Insurance Brokers Inc., a wholly owned subsidiary of Goldsboro, N.C.-based Strickland Insurance Group Inc., announced it has acquired the assets of Palmyra, Va.-based Tower Transportation Underwriters Inc.Tower...
Apr 3 2013 // A few wholesalers groups are breathing a brief sigh of relief following a recent Los Angeles Superior Court decision in a lawsuit involving “stranger liability.”The issue was brought to light in Hull & Co....
Apr 3 2013 // Ascent Underwriting, the cyber risks Managing General Agent (MGA) led by Amlin capacity, said it is “to ring-fence cyber breach notification costs separately from its main insurance policy limit to protect small and...
Mar 28 2013 // Amounting to just $4.7 billion in aggregate deal value, the 46 merger and acquisition transactions announced in the property/casualty insurance sector in 2012 were near record low levels, according to the latest annual...
Mar 25 2013 // Here is a snapshot of the property/casualty insurance industry merger and acquisition activity reported byInsurance Journal in 2012.Major carrier transactions included Nationwide’s acquisition of Harleysville, The...
Mar 12 2013 // A mergers and acquisitions advisory firm focusing on the insurance agency sector says it is hearing more this year about “a lack of quality acquisition opportunities,” which could lead to fewer deals this year...
Mar 4 2013 // The UK’s Amlin plc announced it has entered into an agreement to acquire RaetsMarine, a managing general agent it said is ranked in the top three global providers of fixed premium marine liability protection and...
Feb 19 2013 // The global use of Transactional Insurance could rise by as much as 25 percent in 2013, according to Jeffrey Cowhey, President of Ambridge Partners LLC. The company’s announcement described the product as “a...