A soft market hasn't stopped excess and surplus lines industry veterans from building and launching businesses--and wholesale brokerages have been as active as carriers in the early part of 2010.
AmWINS Group Inc. said it has acquired Colemont Insurance Brokers in Dallas, in a move which may make it the nation's largest wholesale brokerage, a consultant suggested.
Roseland, N.J.-based wholesale broker Crump Group Inc. said Dave Obenauer, chief financial officer of its property and casualty insurance division, has been named president and vice chairman for the unit.
Wholesale insurance broker Crump Group Inc. said its Ascensus division has agreed to acquire CUNA Mutual Group's IRA Services division. Terms of the deal were not released.
"Adding Baden to our retirement services division is consistent with Crump Group Inc.'s strategic intent to enhance both our scale and diversity as a leader in the financial services marketplace,"
NEW YORK--Caution and selectivity were the words used to describe the acquisition strategy being employed by three chief executives of privately held brokerage firms at a recent insurance conference he
NEW YORK--Caution and selectivity were the words used to describe the acquisition strategy being employed by three chief executives of privately held brokerage firms at a recent insurance conference he
NEW YORK--Diversification and managing costs are crucial for brokers as they navigate through the current soft market conditions, according to a panel of chief executives from insurance brokerage firms