Two bank-owned insurance brokers reported mixed first quarter results, with BB&T increasing revenues by 35 percent and Wells Fargo experiencing an 11 percent decline.
The acquisition of wholesale-broker Crump and the firming insurance market lifted fourth-quarter income for BB&T Insurance Services by 43 percent, the Winston-Salem, N.C.-bank BB&T says.
Industry wholesalers from Burns & Wilcox, CRC Insurance and AmWINS look toward the future and weigh in on economic challenges, updated techology and acquisitions for 2013.
CRC|Crump acquires Preferred Brokerage, E.G. Bowman relocates to financial district, Markel partners with Experian to enhance DataBreach program, Connecticut and Maine Big I Assocs. offer WAHVE staffing services to members, Willis finds two new risk assessment apps to be successful during Hurricane Isaac.
Lateral moves among insurance agencies can be as hurtful and damaging as any breakup. Having the right agreements in place help make severed employment relationships as amicable and drama-free as possible for all parties involved.
Lateral moves among insurance agencies can be as hurtful and damaging as any breakup. Having the right agreements in place help make severed employment relationships as amicable and drama-free as possible for all parties involved.
Two of the three insurance-brokerage firms reporting second quarter financial results this week showed increases in revenues and organic growth as the economy improves and insurers push for premium increases.
Arthur J. Gallagher acquired Whitehaven, new programs from Western Security Surplus Insurance Brokers and K&K, Manry & Heston honored for service, legacy Crump P&C Brokerage rebranded under CRC|Crump