Filed Under:Agent Broker, Commercial Business

Around the P&C insurance industry: Nov. 1, 2017

News from H.W. Kaufman Group, Global Insurance Accelerator, KMRD Partners and more. (Photo: Thinkstock)
News from H.W. Kaufman Group, Global Insurance Accelerator, KMRD Partners and more. (Photo: Thinkstock)

Michigan-based H.W. Kaufman Group has announced the opening of its new office in Grand Rapids, Michigan for Burns & Wilcox. The office will be located at 125 Ottawa Street, Suite 425, Grand Rapids, MI, 49503. 

The Global Insurance Accelerator (GIA) has announced that SFM Mutual Insurance Company (SFM), a workers' compensation specialty provider, will join the GIA board of directors as part of support for the company's recent annual investment. Looking forward to the annual InsurTech Week in Des Moines which will take place on October 23-27, SFM plans to introduce an additional 15 InsurTech startups to the GIA Network. 

KMRD Partners has partnered with Pennsylvania-based Kueny Insurance. KMRD Partners Inc. is a boutique risk management and human capital solutions firm. 

Neon has launched an underwriting operation in Italy with Cambiaso Risso, a leading Italian marine broker, to develop the company's marine portfolio. Intending to write business from January 1, 2018, Neon Italy will, subject to approval, be regulated by IVASS and become a Lloyd's approved coverholder writing on behalf of Neon's syndicate 2468.

Guy Carpenter & Company LLC, a wholly owned subsidiary of Marsh & McLennan Companies, hosted the Reinsurance Symposium in Baden-Baden on Oct. 22. The ninth year that Guy Carpenter has hosted the event, the theme of the Symposium was "Profiting from Disruption." 

"A Pink Evening in Boston with SIAA," a 90-minute event at the Boston Marriott at Copley Place, raised over $50,000 for Dana-Farber Cancer Institute and the Jimmy Fund. October is Breast Cancer Awareness Month and the event kicked-off SIAA's 44th semi-annual business meeting with guests from all over the country. 

Burns & Wilcox Canada has expanded into British Columbia with the official opening of its Vancouver office. The new office is located in the business district of downtown Vancouver at the Oceanic Plaza Centre. 

Frenkel & Company and EPIC Insurance Brokers & Consultants have announced that they have joined forces. Upon joining EPIC, the firm will operate as Frenkel & Company - a division of EPIC. 

Burns & Wilcox has launched a new Personal Cyber insurance endorsement. The coverage includes ransomware and cyber extortion, placing the company among the first to make cyber coverage available to individuals. 

I-CAR has awarded Insurance Gold Class business recognition at the corporate level to Nationwide. I-CAR has now secured its 12th major insurance carrier to support the organization's vision of connecting the collision repair industry with the information, knowledge and skills required to perform complete, safe and quality repairs fro the benefit of the customer. 

Artex Risk Solutions has acquired Chandler Insurance Management. Chandler brings to Artex more than 20 years of captive insurance management experience in the Cayman Islands. 

Fifth Third Bancorp has closed on the acquisition of Epic Insurance Solutions Agency LLC, and Integrity HR. This announcement builds upon Fifth Third's recent acquisitions of R.G. McGraw Insurance Agency and The Retirement Corporation of America. 

Related

Around the P&C insurance industry: October 18, 2017

News from Sovos, West Bend Mutual Insurance Company, Trov and more.

Featured Video

Most Recent Videos

Video Library ››

Top Story

How video-enabled services are transforming the insurance industry

Over 70% of insurance professionals will deploy video-enabled services, according to new research from Vidyo and Efma.

Top Story

Identity theft takes the sparkle off of the holiday shopping season says new study

Cyber risks affect shopping patterns, according to Generali Global Assistance.

More Resources

Comments

eNewsletter Sign Up

Agent & Broker Insider eNewsletter

Proven success tips and essential information to help agents and brokers grow their practice – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.