Managing general agencies (MGAs) are going through a significanttransition right now. Technology and the changing workforcehave impacted the insurance market broadly, and MGAs are notimmune to the disruption.
MGA and national wholesale insurance brokerage WorldwideFacilities has appointed a new senior vice-president for its Chicagooffice. The company has chosen Brad Verret as its newest SVP,specializing in transportation.Verret
The Information Commissioner’s Office (ICO) handed out arecord number of fines to companies in January, with financialservices firms accounting for almost half of them, suggestingthat pressure is being
CBL Corporation Limited’s voluntary administrators haveconfirmed they will focus on satisfying the requirements of theCompanies Act and other obligations relevant for the duration ofthe administration. According to the
PartnerRe and Ark Syndicate Management Ltd (ASML) haveentered an agreement regarding the transfer of PartnerRe’supstream energy insurance portfolio to ASML Syndicate NOA3902. The agreement applies to policies incepting
Chatbots are quickly gaining popularity in the insurance industry.Insurance buyers are getting used to making their initialtransactions in cyber space before engaging with humanadvisors for more bespoke guidance.