Chicago-based HUB International topped the month of November with four publicly announced acquisitions, followed by Marsh & McLennan Agency with two.
The Patient Protection and Affordable Care Act has brought a degree of uncertainty to property and casualty independent agencies sale of employees benefits, but some experts say it may also be a time of opportunity for them as clients learn to navigate the new health care benefits landscape.
The news for insurance agents & brokers concerning organic growth continues to be positive: According to the 129 producers who participated in Reagan Consulting Inc.s most recent Organic Growth & Profitability Survey (OGP Survey), such growth continues to accelerate in 2012.
The month of August saw one major insurance-brokerage firm purchase the P&C brokerage operations of a bank as USI Insurance Services announced its acquisition of TD Insurance Inc.
Arthur J. Gallaghers move to offer a private-insurance-exchange platform is a smart strategy for leveraging the health-care-reform law into new solutions for employee-benefit clientsbut smaller brokers may find it difficult to duplicate such an offering, says one industry watcher.
Willis Group Holdings financial results will begin to strengthen in the second half of this year as the firm distances itself from an internal accounting fraud scandal and resolves integration issues related to the acquisition of Hib, Rogal & Hobbs, says Chairman and Chief Executive Officer Joe Plumeri.
Modest property and casualty rate increases will benefit the industry more than true a hard market because they are more palatable to clients, says the chairman, president and chief executive of insurance broker Arthur J. Gallagher & Co.
Arthur J. Gallaghers launch of a private insurance-exchange platform shows one broker's strategy to leverage the healthcare-reform law into new solutions for employee-benefit clients, but smaller brokers may find it difficult to duplicate such a platform, an industry watcher says.