Worldwide Facilities, LLC, a national wholesale insurance broker, managing general agent and program underwriter, is pleased to announce the acquisition of Clearwater Underwriters, Inc., a surplus lines MGA based in Clearwater, FL. Clearwater Underwriters was established in 1991 to provide a market for retail agents in the placement of excess flood coverage in the state… Continue reading Worldwide Facilities Expands Programs Division; Acquires Clearwater Underwriters, Inc.
Tag: MGAs
3XY Insurance Solutions Helps the Industry Make Things Happen
In the wake of the COVID-19 pandemic, the paramount role that insurance and risk management plays for business success has never been more critical. The expertise and guidance in effectively navigating insurance issues, regulations, safety and loss controls along with mitigating liability has put agency owners and senior executives at retailers, MGAs, wholesalers, and program… Continue reading 3XY Insurance Solutions Helps the Industry Make Things Happen
Program Business Revenues Jump 12% to $40.5B in 2018
Amid a good economy and the growing recognition of the value of programs, program business continued to deliver noteworthy results in 2018, according to The 2019 State of Program Business Study published by the Target Markets Program Administrators Association (TMPAA). Program business premium rose 12.18 percent in 2018, reaching $40.5 billion from $36 billion in… Continue reading Program Business Revenues Jump 12% to $40.5B in 2018
U.S. P/C Insurers Benefit from Excess & Surplus Lines Rebound
A recovery of the US excess and surplus (E&S) lines insurance market is benefiting US property & casualty (P/C) insurance companies, according to a Fitch Ratings report. Typically, more volatile than standard admitted insurance markets, the E&S business vastly underperformed P/C insurers overall in 2017 with a 116 percent direct statutory combined ratio, significantly higher… Continue reading U.S. P/C Insurers Benefit from Excess & Surplus Lines Rebound
Introducing the New ProgramBusiness.com
As you can see, we have a whole new look for the Daily NewsFlash — and that’s just the beginning! ProgramBusiness.com, after nearly 20 years since its launch as a game changer in connecting the retail and wholesale communities, has released a new brand and digital platform. The new brand features a clean logo reflecting… Continue reading Introducing the New ProgramBusiness.com
Welcome to the New ProgramBusiness.com
As you can see, we have a whole new look for the Daily NewsFlash — and that’s just the beginning! ProgramBusiness.com, after nearly 20 years since its launch as a game changer in connecting the retail and wholesale communities, has released a new brand and digital platform. The new brand features a clean logo reflecting… Continue reading Welcome to the New ProgramBusiness.com