Latest Insurance Wholesale Headlines

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

Lloyd’s in the 21st Century

Sep 1 2008 // Any institution — and there aren’t many — that survives and thrives for 320 years must find ways to adapt to changing conditions. Lloyd’s of London’s transformation offers some insights as to how such...

A Winning Culture

Sep 1 2008 // Insurance Journal Top 100 Agency ProfileRANKING: No. 12 Headquarters: Denver, Colo. and Wichita, Kan. Year Founded: 1973 Additional Locations: Topeka, Kan., Dallas, Texas, Kansas City, Kan. 2007 Total Property/Casualty...

Cindy Downs

Aug 21 2008 // Dallas-based wholesale insurance broker and managing general agent Towerstone Inc. has added four new members to its team.Cindy Downs was added as a senior underwriter in the firm’s MGA unit. Downs formerly was a...

MyNewMarkets.com Announces Two More Exchange Conferences

Aug 8 2008 // Due to the success of it’s inaugural Exchange conference, MyNewMarkets.com, has scheduled two additional conferences in San Diego on Sept. 4, 2008. and Dallas on Sept. 30, 2008.MyNewMarkets.com Exchange conferences...

Beckerman Named COO of Maritime General Agency

Jul 23 2008 // Westbrook, Connecticut-based Maritime General Agency has hired Sylvia Beckerman as chief operating officer. Beckerman’s responsibilities include daily oversight of all operational segments of MGA’s various...

Jul 7 2008 // PeopleMcQueary Henry Bowles Troy LLP (MHBT) added Jim Anderson as senior vice president in the Dallas-based firm’s property/casualty group. Anderson will oversee the production and account management of...

Coronado Insurance Wholesale Services Offers Construction GL Program

Jun 17 2008 // San Diego based Coronado Insurance Wholesale Services has added online features to its admitted general liability program, Freedom. Freedom online features include online quoting, underwriting, and policy issuance, ISO 12...

Program Market to Remain Vibrant in 2008

Jun 2 2008 // The program market continues to grow and will continue to grow in 2008, as insurance companies focus on core concerns of new business production, premium writing and rate profitability. However, several new trends emerged...

A Soft Market Solution: MGAs and Risk Sharing

Jun 2 2008 // Editor’s Note: The following is part two of a discussion of the risk retention options available to managing general agents, the variables which may affect their execution, and the means and modes of analysis. The...

Survey: Program Market to Remain Vibrant in 2008

May 21 2008 // The program market continues to grow and will continue to grow in 2008, as insurance companies focus on core concerns of new business production, premium writing and rate profitability, according to a new industry survey...

What MGAs Should Know About Carriers’ Due Diligence for Programs

May 5 2008 // Smart program administrators know that aligning themselves with financially-strong insurance carriers can help attract good clients to their program. While the process of evaluating a program relationship takes more time...

Match-making: What Retail Agents Want From Wholesalers and MGAs

May 5 2008 // Like the love-lorn users of match.com, independent agents hunting for business partners among surplus lines wholesalers and managing general agents are thinking long-term, not short.They are looking for partners who will...

A Soft Market Solution: MGAs and Risk Sharing

May 5 2008 // Editor’s Note: The following is part one of a discussion of the risk retention options available to MGAs, the sundry variables which may affect their execution, and the means and modes of analysis available.The...

MyNewMarkets.com Announces Two More Exchange Conferences

Apr 8 2008 // SAN DIEGO – (April 8, 2008) – Due to the success of it’s inaugural Exchange conference, MyNewMarkets.com, has scheduled two additional conferences in San Diego, California on September 4, 2008 and Dallas,...

People

Jan 27 2008 // Zurich named Kevin Dunham senior vice president and global relationship leader for the western region of its Global Corporate in North America Business unit. Dunham is based in Glendale, Calif., and will manage accounts...

Momentum Strong for Broker M&As in October, November

Jan 13 2008 // Stock Prices: Aon Corp. (NYSE:AOC) continued to outperform the sector, up a remarkable 43.1 percent year-to-date. The company reported third quarter 2007 results at the end of October. Net income increased 92 percent to...

Communication is Key When Managing Program Contracts

Dec 2 2007 // The insurance industry survives on relationships built between agents and carriers. The two parties can strive for a harmonious partnership with few problems. Yet when communications break down and there are disagreements,...

Loss Control Crucial to Program Success

Dec 2 2007 // Loss control personnel are not often thought of fondly in customers’ minds, according to Steve Anderson, portfolio executive, risk engineering for the Zurich Program Business Unit of Zurich North America. “We...

Hull & Co. Acquires McFall General Agency’s Assets

Nov 12 2007 // Hull & Co. Inc. has acquired the aseets of McFall General Agency Inc., which has offices in Portland, Ore., and Gig Harbor, Wash.Bob McFall, who founded MGA in 1981 and currently serves as president,, will remain with...

GAINSCO Closes Sale of Subsidiary to Montpelier Re

Nov 2 2007 // Dallas-based GAINSCO Inc. and subsidiary MGA Insurance Company Inc. completed a previously announced sale of an affiliated insurance subsidiary, General Agents Insurance Company of America Inc., the company...