Latest Insurance Wholesale Headlines

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

Entrepreneurial Spirit and Trust: Marks of Today’s Successful MGA

Apr 18 2005 // An Interview with Francis Johnson, AAMGA President-ElectFrancis Johnson, president of Johnson and Johnson Inc., of Charleston, South Carolina, becomes president of the American Association of Managing General Agents in...

MGA GOES HIGH TECH

Apr 4 2005 // W.E. Love & Assoc. Inc. in Burlington, N.C., recently decided to go high-tech with an iChannel Web-based electronic imaging and document management system that can be integrated with any agency management, policy...

CEO of Aon’s Insurance Wholesaler Swett & Crawford Leaves the Company

Mar 15 2005 // Thomas Comer, president and CEO of Swett & Crawford, announced to employees at the end of the business day on March 14 that he will be leaving the company, according to unidentified sources. The reason for...

N.C. MGA Goes High Tech With Electronic Imaging, Document Management

Mar 11 2005 // Blue Goose Agency Services, an application service provider hosting and technology services provider to the managed general agency and general agency market, has announced the successful implementation of iCHANNEL their...

American Wholesale Insurance Group Adds Pritchard to Financial Risk Specialist Team

Mar 10 2005 // American Wholesale Insurance Group (AmWINS) has hired veteran Andrew Pritchard to lead the efforts of AmWINS’ Financial Risk Specialist Team (FIRST) in pioneering innovative insurance solutions for the global Asset...

Kings & Pawns: Excess Brokers’ Moves and Mergers

Feb 21 2005 // The emergence of large national and regional firms and the creation of networks of brokers as industry kings are transforming the nation’s wholesale insurance marketplace but experts maintain that independent...

AmWINS to Acquire Willis’ Stewart Smith Group

Feb 15 2005 // Willis Group Holdings and American Wholesale Insurance Group Inc. announced that AmWINS will acquire Stewart Smith Group, Willis’ U.S. wholesale unit. Terms of the transaction were not disclosed. It is expected to...

Crouse and Associates Chooses Custom Insurance Solutions as Management System Provider

Jan 31 2005 // Texas-based Custom Insurance Solutions (CIS) has been chosen by Crouse and Associates as their MGA / wholesale management system provider. Crouse and Associates, the largest independently owned wholesale brokerage firm in...

First Acceptance Corp. Acquires Texas Agency

Jan 26 2005 // First Acceptance Corporation, a provider of non-standard personal automobile insurance, announced it has acquired the assets of San Marcos, Texas-based HCS Claims Service Inc. dba Heritage Claims Services Inc., and LGNP...

AssuranceAmerica Gains Regulator Approval for Alabama

Jan 7 2005 // AssuranceAmerica Corp., an Atlanta-based insurance company with operations in Georgia, Florida and South Carolina has received approval from the Alabama Department of Insurance to commence insurance operations in that...

Partners Continue to Come and Go, But It’s a Great Time to Jump in the Game

Dec 6 2004 // Partners Continue to Come and Go, But It’s a Great Time to Jump in the GameProgram business over the past 10-15 years has been a rocky road for the insurance industry. Companies are in the game today, but gone...

AAMGA Offers Feedback on Proposed Broker Disclosure Amendment to Producer Licensing Model Act

Dec 3 2004 // The National Association of Insurance Commissioners (NAIC) recently issued a draft Proposed Broker Discloser Amendment to the Producer Licensing Model Act, and requested industry and public comment before commencing...

HRH Purchases Vt.’s Smith Bell Thompson

Nov 19 2004 // Hilb Rogal & Hobbs Company (NYSE:HRH ), the eighth largest insurance and risk management intermediary, has signed a definitive agreement to acquire the stock of Smith, Bell & Thompson, Inc., a Vermont-based...

AmWINS Launches Management Liability Unit

Nov 1 2004 // American Wholesale Insurance Group (AmWINS), the Charlotte, N.C.-based independent wholesale insurance broker, has formed a new specialty team to focus exclusively on management and professional liability products.Called...

Professional Liability: Will the Cycle Remain Unbroken’

Oct 25 2004 // Some say it’s over—the hard market, that is. Certainly in some areas of professional liability this is true. Many renewal premiums in 2004 are flat, or are even dropping by 10 percent or more. Not withstanding the...

AAMGA University Aims Fundamentals Class at Newbies

Sep 6 2004 // Something different was definitely in the air at a seminar put on by the American Association of Managing General Agents (AAMGA) last June. As the group of MGAs and wholesale brokers settled in for the introductory dinner...

New Texas Broker/MGA Targets Contracting, Equipment

Jul 20 2004 // A.D. Carlton Insurance is a new specialty wholesale broker and MGA located in Irving, Texas, formed to assist agents in placing crane accounts, equipment rental/distribution companies, steel erection, millwright and a...

IMMS Launches Online Market Service

Jul 12 2004 // Insurance Marketing & Management Services (IMMS) has announced the launch of IMMSmarkets.com, an online service that allows retail insurance agencies to submit their markets needs, free of charge, to a network of...

Another Soft Market Creates a Hard Reality

Jul 5 2004 // Like a commercial airline scrambling to squeeze out a profit in the face of increased competition and skyrocketing fuel prices, many insurance agents find themselves caught in the downward spiral of another soft market...

Strategic Advisory Boards Can Help Handle the Unexpected

Jun 21 2004 // As the producer of an insurance agency or brokerage, your business means everything to you. Years of hard work have finally paid off to ownership of your agency—but are you prepared to deal with the unexpected challenges...