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Insurance Broker

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BNET Business Dictionary

Insurance Broker
a person or company that acts as an intermediary between companies providing insurance and individuals or companies who need insurance
Insurance Broker definition on BNET »

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Broking In a Hard Market
Faced with a series of new challenges — and increased scrutiny of their decisions — risk managers and financial executives are now turning to their insurance brokers for guidance. As a consequence, many insurance brokers reduced their emphasis on broking, touting instead their “consulting” skills. Larger brokerage firms attempted to...
Tags: Financial Planning, Risk Manager, brokerage, insurance, renewal, financial, consulting
White papers 2002-10-14

Additional Resources

Lockton International Executive Julian James Outlines Important Role For Brokers As Risk Environment Worsens
LONDON & TAIWAN -- Julian James, a senior executive with global insurance broker Lockton, has told an international audience of insurance industry leaders that in the current global risk environment, it will be a time to "analyse operations and take the tough decisions necessary to ensure survival in any downturn."...
Articles 2008-07-16
Jim Barone Appointed as New Chief Sales Officer at ARAG®
Insurance Executive Has Strong Voluntary Benefits and Legal Background DES MOINES, Iowa -- ARAG([R]), the global leader in legal insurance, has announced the appointment of insurance industry veteran Jim Barone as the company's new Chief Sales Officer. Barone will lead an experienced ARAG sales team in working with...
Articles 2008-07-16
Dallas-Based Apex Global Partners Names Two New Partners and Appoints COO and CFO
Apex Global Partners, a Dallas-Based Insurance Broker and Employee Benefits/Human Resources Consultant, Has Named Ian Packer and Scott Brock as Partners The Company Appointed Mr. Packer as Chief Financial Officer, and Mr. Brock as Chief Operating Officer DALLAS -- Apex Global Partners (http://agpins.com), one of the...
Articles 2008-07-16
Big I, The Council, Nationwide and Travelers Announce Support of Coastal Insurance Solution
SAINT PAUL, Minn. -- The Travelers Companies, Inc. (NYSE: TRV), Nationwide Mutual Insurance Company and two leading national insurance agent and broker organizations today announced support of a comprehensive, private market approach to improve the affordability and availability of coastal wind storm insurance for homeowners. Federal legislation would be required...
Articles 2008-07-15
ESP Technologies Selects ActiveBatch® To Centralize Post-Trade Processing Tasks
Job Scheduling Application Allows ESP to Manage Processing Network MORRISTOWN, N.J. -- Advanced Systems Concepts, Inc. (ASCI([TM])), a leading provider of system software solutions that enhance Windows, UNIX, Linux and OpenVMS systems, announced today that New York City-based ESP Technologies Corp. has selected ASCI's ActiveBatch([R]) job scheduling application...
Articles 2008-07-15
Lexington Insurance Company Introduces Truck Broker Liability Insurance
NEW YORK -- Lexington Insurance Company, a unit of AIG Commercial Insurance, today announced Lexington Truck Broker Liability Insurance, a primary liability insurance policy that addresses liability risks of truck brokers, who bring together shippers needing to transport goods and authorized motor carriers. A recent federal court decision...
Articles 2008-07-15
Employee Benefits Broker Sherrill Mauzy Joins Alliant Insurance Services as Senior Vice President in Kearny Mesa Office
Specializing in the Native American Gaming Industry, 19-Year Industry Veteran is a Leader in Program Innovation NEWPORT BEACH, Calif. -- Alliant Insurance Services, the nation's largest specialty insurance brokerage firm, has announced that employee benefits broker Sherrill Mauzy has joined the company as Senior Vice President, based in...
Articles 2008-07-15
PointSure Acquires Black/White
SEATTLE -- SeaBright Insurance Holdings, Inc. (Nasdaq: SEAB) announced today that its subsidiary, PointSure Insurance Services, Inc. ("PointSure"), has acquired Black/White & Associates of Nevada, Black/White & Associates, Inc., and Black/White Rockridge Insurance Services, Inc. from Black/White Group. Black/White & Associates of Nevada, located in Henderson, operates as...
Articles 2008-07-15
The Plexus Groupe Welcomes Monica Lang
DEER PARK, Ill., July 14 /PRNewswire/ -- The Plexus Groupe, a rapidly growing insurance brokerage firm is pleased to announce its newest associate, Monica Lang. Monica joins the firm as a Vice President and Account Executive in the Property & Casualty Risk Management Division. Prior to joining...
Articles 2008-07-14
Mercer's Enterprise Momentum™ Brings State-of-the-Art, Affordable Benefits Management to Small, Medium Employers
NEW YORK -- Mercer today announced the launch of Enterprise Momentum[TM], a new suite of employee benefits insurance management offerings for small- to mid-sized employers. Built upon Mercer's substantial experience as one of the largest insurance brokers serving this market, Enterprise Momentum provides a cost-effective way for clients...
Articles 2008-07-14
Wells Fargo Introduces the Wells Fargo Global Broker Network
CHICAGO -- In the fifth graph, the URL should read: http://wfgbn.wellsfargo.com (sted www.wfgbn.wellsfargo.com). The corrected release reads: WELLS FARGO INTRODUCES THE WELLS FARGO GLOBAL BROKER NETWORK Wells Fargo Insurance Services, a subsidiary of Wells Fargo & Company (NYSE: WFC), said it has become the...
Articles 2008-07-14
Willis Group Calls on Insurance Industry to End Practice of Contingent Agreements with Insurance Carriers
Proposes Standards for Making Compensation Agreements for all Brokers Transparent NEW YORK -- First graph, first sentence should read: XXX representatives of the New York Superintendent of Insurance and Attorney General XXX. sted: XXX the New York Superintendent of Insurance and Attorney General XXX. The corrected...
Articles 2008-07-14
Glitch mars iPhone launch
NEW YORK -- The launch of Apple Inc.'s much-anticipated new iPhone turned into an information-technology meltdown on Friday as customers were unable to get their phones working. "It's such grief and aggravation," said Frederick Smalls, an insurance broker in Whitman, Mass., after spending two hours on the...
Articles 2008-07-12
Company Profile for Community Bank System, Inc
Community Bank System is based in DeWitt, N.Y., with approximately $4.7 billion in assets and over 140 customer facilities across Upstate New York, where it operates as Community Bank, N.A., and Northeastern Pennsylvania, where it is known as First Liberty Bank & Trust. Its other subsidiaries include: BPAS, an employee...
Articles 2008-07-11
The Council's Countersignature Victory Now Complete
The Council of Insurance Agents & Brokerssaid today its six-year legal battle to wipe all countersignature statutesoff the books is finally over, but President Ken A. Crerar served noticethat the association's fight against protectionist barriers in theinsurance marketplace has only just begun. The last holdout state clinging to the countersignature...
Articles 2008-07-09
Insurance Agents Are the New Resource for Home Mortgages
LOS ANGELES, July 9 /PRNewswire/ -- This is a terrible time for home buyers and the mortgage industry. Interest rates are lower than they have been in years. Home prices are lower than they have been in years. People holding substandard ARM's must refinance now. It is a buyers'...
Articles 2008-07-09
Online Discount Broker, SogoTrade, Offers Account Holders Up to $5,000,000 Excess SIPC Coverage
Coverage Offers Online Brokerage's Stock Trading Clients Enhanced Security For Cash Assets NEW YORK -- SogoTrade, the deep discount online brokerage and home of the $3.00 online trade, has announced the purchase of excess SIPC insurance coverage to provide clients a higher level of account protection. The additional...
Articles 2008-07-08
Emerging Technology Firms Adjusting to a Soft Economy
Julie Davis explores what it takes to succeed in today's difficult environment and how traditional insurance agents and brokers can help emerging technology firms succeed. SAN JOSE, Calif., July 8 /PRNewswire/ -- Veteran professional, Julie K. Davis of Aon Corporation was the Keynote Speaker at the Mid-Year...
Articles 2008-07-08
Command Center Announces New Workers' Compensation Program
New Program to Generate Positive Cash Flow of $3.4 Million in First Year POST FALLS, Idaho -- Command Center, Inc. (OTCBB:CCNI), an emerging provider of on-demand, reliable labor solutions, today announced it has changed insurance providers for its workers' compensation coverage nationwide and, as a result, has significantly...
Articles 2008-07-08
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