Distinguished Programs Adds Sales Executive Roles

Distinguished Programs and HUB

Linda Picha and Beth Fulton have been hired as Regional Sales Executives by Distinguished Programs, a national insurance program manager. Picha will oversee broker relationships in Iowa, Idaho, Kansas, Minnesota, Missouri, Montana, North Dakota, Nebraska, South Dakota, and Washington, while Fulton will oversee broker relationships in Arkansas, Louisiana, Oklahoma, and Texas. “We’re proud to have… Continue reading Distinguished Programs Adds Sales Executive Roles

Russell Duffey Named President of RPS Signature Programs

RPS Artisan Contractors Program

Risk Placement Services Inc. announced on Tuesday that Russell Duffey has been named president of RPS Signature Programs, its program administration division. According to RPS, Mr. Duffey is in charge of leading the division in marketing admitted and nonadmitted proprietary programs to niche markets that require specific underwriting and distribution. He will be based in… Continue reading Russell Duffey Named President of RPS Signature Programs

Specialty Program Group LLC Acquires the Assets of ESP Insurance Brokerage LLC

insurance acquisition

Specialty Program Group LLC (SPG), a leading operator of specialty insurance brokerages and underwriting facilities, announced today the acquisition of ESP Insurance Brokerage LLC (ESP), a national insurance broker and program administrator for the sports, events and promotion marketing and entertainment industries. Headquartered in Worcester, Massachusetts, ESP offers nationwide coverages and has exclusive programs with… Continue reading Specialty Program Group LLC Acquires the Assets of ESP Insurance Brokerage LLC

Distinguished Programs Announces Majority Investment from Aquiline Capital Partners

Distinguished Programs and HUB

Distinguished Programs, a national insurance program manager, is pleased to announce that it has entered into a definitive agreement with Aquiline Capital Partners LLC to acquire a majority stake in the Company. Aquiline is a private investment firm based in New York and London with $7.5 billion in assets under management. Financial details of the… Continue reading Distinguished Programs Announces Majority Investment from Aquiline Capital Partners

Arthur J. Gallagher & Co. Acquires Risk Transfer Insurance Agency, LLC

insurance acquisition

Arthur J. Gallagher & Co. announced on Tuesday the acquisition of Risk Transfer Insurance Agency, LLC, based in Orlando, Florida. The transaction’s terms were not disclosed. Risk Transfer Insurance Agency, founded in 2000, is a full-service commercial property/casualty agency and program administrator providing customized insurance solutions and risk management services to professional employer organizations (PEOs)… Continue reading Arthur J. Gallagher & Co. Acquires Risk Transfer Insurance Agency, LLC

BRP Acquires Texas-Based Arcana Insurance Services

USI acquires Texas agency

BRP Group, Inc. announced that Millennial Specialty Insurance, LLC (“MSI”), an indirect subsidiary of BRP Group, has acquired substantially all of the assets of Arcana Insurance Services, LP (“Arcana”), a Dallas, Texas-based national insurance agency and program administrator, focused on better serving the real estate investor and property management markets. As a result of this… Continue reading BRP Acquires Texas-Based Arcana Insurance Services

eMaxx Enters Its Fourth Year of Operations as a Captive Program Administrator Surpassing $100M with Technology-Focused Model Proven to Drive Down Loss Cost

emaxx captive insurance

eMaxx, a tech-enabled specialty provider of variable cost commercial property and casualty insurance programs, entered its fourth year of operations as a program administrator reaching a significant milestone of $100M of in force premium for its captive programs. eMaxx’s managed captive programs have seen an over fifty percent reduction in frequency, which has resulted in… Continue reading eMaxx Enters Its Fourth Year of Operations as a Captive Program Administrator Surpassing $100M with Technology-Focused Model Proven to Drive Down Loss Cost

Ken Kunzman Joins Venture Insurance Programs as SVP of Underwriting

Venture Insurance Programs, a national insurance program administrator, announced today that Ken Kunzman has joined the company as senior vice president of underwriting. In his role, Kunzman will oversee day-to-day management of all underwriting operations, including pricing, structure and product implementation, for all Venture’s programs. He will also be responsible for development and maintenance of… Continue reading Ken Kunzman Joins Venture Insurance Programs as SVP of Underwriting

Arrowhead Refreshes Brand Identity to Reflect ‘Innovation’ Focus

Arrowhead General Insurance Agency Inc. (Arrowhead) today introduces its new brand identity, reflecting a commitment to leading technology innovation and significant growth for the national program administrator. The changes come at a time when Arrowhead has added new commercial programs, enhanced its insurance offerings and expanded its U.S. footprint. “Arrowhead leverages technology to pioneer innovative… Continue reading Arrowhead Refreshes Brand Identity to Reflect ‘Innovation’ Focus

AIG to Acquire Glatfelter Insurance Group

World Business teamwork puzzle pieces 3d rendering

American International Group Inc (AIG) said on Friday the insurer will acquire Glatfelter Insurance Group, a York, Pennsylvania-based insurance broker. Privately owned Glatfelter provides services for specialty insurance and has underwriting capabilities that will help boost AIG’s general insurance business, AIG said. Terms of the deal were not disclosed. AIG’s latest move comes as Chief… Continue reading AIG to Acquire Glatfelter Insurance Group