Brokers

Much of MGAs' success can be attributed to how versatile they can be.

The deal is expected to be completed later this year, subject to regulatory approval. Marsh did not disclose the terms of the deal.

Agency networks and associations provide benefits historically harder to come by as a standalone business or agency.

CoverForce, a new insurtech API, has partnered with the ISU network for independent agents to help its members reach new customers.

It is important to leverage human-in-the-loop processes, rather than automating them away, and to surface relevant information for agents to help contextualize interactions with policyholders.

Half the insurance workforce will retire over the next 15 years and the key to surviving the shift will be capturing, sharing and scaling the institutional knowledge of their most experienced producers.

Grand Rapids, Michigan-based Acrisure is expected to be valued at well over $20 billion in an initial public offering, the people said, asking not to be identified discussing confidential information.

Digital platform automates building towers of business policies

SMA recently surveyed agency executives in commercial lines to understand satisfaction with insurers' digital sales and servicing offerings.

Insurer aims to improve functions and communications for policyholders and brokers