Latest Insurance Wholesale Headlines

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

M&A Inks Partnership Deal With Maestro Specialty in N.Y.

Sep 25 2012 // Merger & Acquisition Services Inc. (M&A), an investment, advisory and financial services firm to the re/insurance industry, announced a marketing partnership agreement with Maestro Specialty Corporation in New...

AmWINS Forms Managing General Underwriter with Former Rockhill Execs

Sep 19 2012 // North Carolina-based insurance wholesaler AmWINS Group Inc. said it has partnered with two insurance industry executives, Terry Younghanz and Richard Parks, to form a new managing general underwriter (MGU) focused on...

First Capacity Exchange Hailed as Success by MGA’s, Insurers

Sep 14 2012 // The inaugural Managing General Agents’ Association (MGAA) capacity exchange has been hailed as a success by insurers and MGA’s alike as an effective route to identifying and developing new products and scheme...

Aces Names Meeker Product Development Director

Jul 23 2012 // Managing general agent Aces Commercial Insurance Services Inc. named Ken Meeker as director of product development.His goals are on market development and expansion into the Southern California and Arizona markets. At...

RSA Is Latest Insurer to Join Managing General Agents’ Association

Jul 13 2012 // Global insurer RSA has become the latest member of the London-based Managing General Agents’ Association (MGAA), which now has 50 members with a combined underwriting capacity of £1.4 billion [$2.33 billion] in...

ACES Names Meeker Director Of Product Development

Jul 2 2012 // San Diego, Calif.-based managing general agent ACES Commercial Insurance Services Inc. named Ken Meeker director of product development. Meeker’s focus is on market development and expansion into the Southern...

BMS Group’s Pioneer Names Hinman in U.S. Expansion

Jun 25 2012 // The UK-based BMS Group, an independent global broker, announced the appointment of delegated authority underwriter Gene Hinman, who will join its Managing General Agent (MGA) platform, Pioneer Underwriting Ltd, in a move...

UK MGA’s Advised on Changes in Employers Liability, Public Liability Claims

Jun 22 2012 // Impending changes in UK laws governing claims for Employers Liability (EL) and Public Liability (PL) should be a priority membersof the UK’s Managing General Agents’ Association were told at a recent briefing...

Wholesale Insurance Broker LevelFirst Opens Austin Office

Jun 18 2012 // LevelFirst a diversified wholesale broker and managing general agency headquartered in Dallas, has opened an Austin, Texas, office. Vivian Plein has joined LevelFirst to lead the Austin office. Plein has more than 10 years...

MGAA Appoints Comerford as First General Manager

Jun 15 2012 // The UK’s Managing General Agents Association announced the appointment of Jane Comerford as General Manager. She will be responsible for all operational aspects of the Association’s activities, and will work...

AAMGA President Chaffin Stresses Need for Perpetuation; Cites Effect of Revised Catastrophe Model on E&S Business

May 7 2012 // Relationships are important to the success of any insurance business, but it’s perpetuation that matters most when it comes to survival.R.C. Chaffin, president and CEO of Coral Gables, Fla.-based SeaCoast...

Outlook Revised to Positive for Texas-Based MGA Insurance Co.

Apr 26 2012 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of MGA Insurance Co. Inc. (MGA) in Dallas.The ratings...

Business Moves – Southeast

Apr 16 2012 // Peachtree, Personable HoldingsA Florida domiciled auto insurer that provides coverage to 18,000 drivers in the state and Georgia has been acquired by California equity firm looking to enter the non-standard market....

Business Moves – South Central

Apr 16 2012 // Louisiana Agency Partners, The Kirksey AgencyLouisiana Agency Partners (LAP) announced that The Kirksey Agency in West Monroe, La., has become the 12th member agency of the Louisiana-based network of independent insurance...

Business Moves – Midwest

Apr 16 2012 // Great American Insurance GroupCincinnati, Ohio-based Great American Insurance Group’s environmental division opened a regional office in New York City. The expansion complements the environmental division’s...

Western Security Surplus Insurance Brokers Announces Staff Changes

Apr 4 2012 // Kyle Stevens, president and CEO of Western Security Surplus Insurance, announced organizational changes in the Dallas office and a new hire for WSS’ Roseville, Calif., office.Jennie Reed has been promoted to senior...

K2 Acquires Majority Stake in Midwestern

Mar 27 2012 // San Diego, Calif.-based managing general agent K2 Insurance Services LLC has acquired a majority stake in Midwestern Insurance Alliance Inc., an MGA based in Louisville, Ky. that underwrites workers’ compensation...

Update: Insurance Wholesaler AmWINS Is Recapitalizing: CEO DeCarlo

Mar 13 2012 // The owners of AmWINS Group Inc., the largest wholesale insurance broker in the United States by premiums placed, have put the company up for sale, expecting a valuation of about $1.5 billion, three people familiar with the...

AmWINS Transportation Underwriters Receives MGA Appointment for ‘A’ XV Rated Carrier to Underwrite Long Haul Truckers

Feb 27 2012 // Burlington, NC, 02/24/12 – AmWINS Transportation Underwriters is proud to be one of just five MGAs appointed with this ‘A’ XV rated carrier to underwrite this program, which targets above average for-hire...

Ironshore Opens P/C Production Center in Boston for Wholesale Market

Feb 24 2012 // Ironshore Inc. has opened a property/casualty production center in Boston dedicated to the insurance wholesale market, the company said.The new center will focus on serving the East Coast, including New England, New York,...