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From data to dominance: The evolving role of insurance agency networks
“A lot of cluster groups are a great social club, and they might share, ‘Hey, I landed this piece of business with this carrier,’ but it’s not a structured sharing of information, of data. Nor can one agent really speak for the others in the cluster. They’re just the spokesman this year, whereas an agency…

Conifer swings to profit in 2024
CEO Brian Roney described 2024 as a pivotal year for Conifer, highlighting efforts to reduce debt, strengthen reserves, streamline operations and shift its focus to select personal lines. The company saw a sharp decline in commercial lines business, with total gross written premium falling nearly 50% for the year and net earned premium down 27.5%…

Captain arrested following North Sea ship collision
Sodium cyanide update An exclusion zone is in place around both vessels. According to some reports, the cargo ship owners say the Solong was not carrying sodium cyanide, as previously reported, but did carry empty containers that once held the toxic chemical. Source link

Insurance hires at Canal Insurance, Zurich North America, Trucordia and Safety National
Mark Walls, formerly vice president of Client Engagement, has been named corporate senior vice president and chief marketing officer. Dan Berns, previously vice president of account services, will become corporate senior vice president of operations, overseeing account services and insurance compliance. Source link