USG Announces Hire of Ricciardi in Philadelphia, PA

USG hire

USG Insurance Services, Inc., a national wholesaler and MGA, is pleased to announce the hire of Sergio Ricciardi, Producer/Broker: Team Lead, in the Philadelphia, PA branch. Ricciardi brings 15 years of industry experience to the USG team, most recently from Scottish American. As Producer/Broker: Team Lead at USG, Sergio will expand his industry relationships and… Continue reading USG Announces Hire of Ricciardi in Philadelphia, PA

USG Announces Promotion of Capo in Covington, LA

USG hire

USG Insurance Services, Inc., a national wholesaler and MGA, is pleased to announce the promotion of Ron Capo to Producer/Broker: Commercial Lines in Covington, LA. Capo has been with USG since November of 2019 as an Associate Producer/Broker. In his new position as Producer/Broker: Commercial Lines, Ron will continue building his book of business and… Continue reading USG Announces Promotion of Capo in Covington, LA

USG Announces the Hire of Strickland in Houston, TX

USG hire

USG Insurance Services, Inc., a national wholesaler and MGA, is pleased to announce the hire of Greg Strickland, Producer/Broker: Commercial Lines, in Houston, TX. Strickland joins the USG team with 12 years of experience in the industry, most recently with Burns & Wilcox in Houston, TX. As Producer/Broker at USG, Greg will continue building his… Continue reading USG Announces the Hire of Strickland in Houston, TX

Amwins Group, Inc. Completes Acquisition of Worldwide Facilities

insurance acquisition

Amwins Group, Inc. (“Amwins”), a global distributor of specialty insurance products and services, announced it has completed the acquisition of Worldwide Facilities (“Worldwide”), the fourth-largest wholesale broker in the U.S. This marks the closure of the definitive agreement that was announced on March 5, 2021. Worldwide, founded in 1970, is highly complementary to Amwins brokerage,… Continue reading Amwins Group, Inc. Completes Acquisition of Worldwide Facilities

Amwins to Acquire Worldwide Facilities

AIG and Stone Point Capital

Amwins Group, Inc. (“Amwins”), a global distributor of specialty insurance products and services, has signed a definitive agreement to acquire Worldwide Facilities (“Worldwide”), the fourth-largest wholesale broker in the U.S. Worldwide broadens Amwins’ specialty capabilities and expands its footprint, especially on the west coast. “The acquisition of Worldwide is a watershed moment not just for… Continue reading Amwins to Acquire Worldwide Facilities

Ed Broking Launches TradEd in Bermuda

Ed, the global reinsurance, wholesale and specialty broker, today announced the external launch of its TradEd portals for carriers and clients in Bermuda. TradEd, the etrading platform that is used in-house by BGC insurance companies globally, is now available to clients and carriers on the island, enabling a seamless placement of risk for all parties.… Continue reading Ed Broking Launches TradEd in Bermuda

Arthur J. Gallagher & Co. Acquires Wholesaler CMS, LLC

2023 insurance M&As lowest in a decade

Arthur J. Gallagher & Co. today announced the acquisition of Melville, New York-based CMS, LLC. Terms of the transaction were not disclosed. Founded in 1996, CMS, LLC is a full-service wholesale insurance broker working with agents across the United States. The team specializes in placing coverages for construction, importing, wholesaling/distributing, manufacturing and real estate businesses,… Continue reading Arthur J. Gallagher & Co. Acquires Wholesaler CMS, LLC

Ironshore Initiates Wholesale Market Strategy for Streamlined Product Distribution

Ironshore, a Liberty Mutual company, announced today the realignment of its wholesale distribution platform to meet the needs of the wholesale brokerage market. Ironshore will have dedicated wholesale underwriting resources nationwide for their core specialty businesses of property, casualty, environmental, health and professional lines, as well as additional regional distribution resources. The expanded wholesale distribution… Continue reading Ironshore Initiates Wholesale Market Strategy for Streamlined Product Distribution

Jimcor Agency, Inc. Announces Addition to Western Pennsylvania Team

Jimcor Agencies, an independent MGA and insurance wholesaler, has hired Ed Emanuel as a property and casualty brokerage specialist for the Western Pennsylvania office; located in Pittsburgh, PA. This is the most recent announcement as we continue expansion of operations nationally. Jimcor Agency, Inc. is an independent managing general agent and wholesaler with 9 offices… Continue reading Jimcor Agency, Inc. Announces Addition to Western Pennsylvania Team