Hub acquires New Mexico agency

Hub International | March 05, 2020

Hub acquires New Mexico agency
Hub International Limited has announced that it has acquired the assets of Linton & Associates Insurance Agency. Terms of the transaction were not disclosed. Based in Albuquerque, N.M., Linton & Associates Insurance Agency provides commercial and personal insurance and employee benefits across the Southwest. Terry Linton, owner of Linton & Associates, along with the firm’s staff, will join Hub Southwest. This is the latest in a string of acquisitions for Hub. In January, the company acquired Cranbrook Bloomfield Insurance Agency, a Michigan-based insurance brokerage.

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Split Limit Studios Joins Guidewire PartnerConnect Solution

Split Limit Studios, Guidewire Software | March 22, 2021

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InsuraGuest selects Swarts, Manning & Associates Insurance Agency

GlobeNewswire | August 20, 2020

InsuraGuest Technologies, Inc. (TSX.V: ISGI) (the “Company”), under its wholly owned U.S. subsidiary InsuraGuest Insurance Agency, LLC (the “Agency”), has signed Swarts, Manning & Associates (“SMA”) for its agency/broker program, which focuses on agencies and brokers that write general liability polices specifically for hotels. InsuraGuest will utilize SMA’s brokers and business network in Utah, Nevada and California to access SMA’s hotel clients and integrate InsuraGuest’s insurtech software platform to deliver its hospitality liability coverages. Our focus has always been on risk management and improving the risk profile of our hospitality clients,” states Mark Swarts, founder and president of Swarts, Manning & Associates. “Adding InsuraGuest’s products to our partner list will help us reduce their hotel clients’ risk ratios and claim ratios while potentially lowering their GL premiums.” InsuraGuest insurance coverage, which is purchased by a property, automatically delivers hospitality liability coverages through the property’s management system via the Company’s proprietary insurtech (insurance + technology) platform. These coverages address claims from guests and their room occupants during their stay at a hotel; coverages insert a layer of protection on a primary basis should a guest experience an accident or theft.

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Lloyd's of London to abandon various US insurance licenses

Lloyd | July 13, 2020

Centuries-old exchange Lloyd’s of London will be focussing on its core markets, announcing a strategy that will see the world’s specialist insurance marketplace relinquish US admitted licenses. In a market bulletin issued by syndicate capability oversight head Peter Montanaro, Lloyd’s said it will be strengthening its focus on the US reinsurance and excess & surplus (E&S) insurance market “where it is the market leader,” in a move that will be carried out by relinquishing admitted licenses in the US Virgin Islands, Kentucky, and Illinois.

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