Around the P&C insurance industry: August 30, 2023
Insurance industry news from Neptune Flood, Orion180, Texas Agency Alliance and more.
Neptune Flood announced the successful renewal and growth of its carrier programs and reinsurance relationships. The 2023-24 renewals expand Neptune’s network to 23 insurance carriers and reinsurers, backing six unique programs: AXA XL, MS Transverse, and four Lloyds affiliated programs.
Newfront introduced a powerful total rewards dashboard. Newfront Navigator is designed to streamline workflows, saving time and resources as people teams securely manage complex employee benefit programs.
National Association of Insurance and Financial Advisors, the Society of Financial Service Professionals and Life Happens planed to come together as one organization, pending membership approval. The expanded organization will retain all three brands under the NAIFA umbrella and leverage each organization’s strengths to create a greater impact for the industry, financial service professionals and consumers. The integrated organization aims to empower financial professionals and consumers through world-class advocacy and education.
Orion180, a premier provider of insurance solutions launched in 2018, had its two carriers, Orion180 Select Insurance Co. and Orion180 Insurance Co., approved to operate in Florida, as announced by the Florida Office of Insurance Regulation.
Goosehead Insurance, Inc. announced the kickoff of its Agency Launch Program, an accelerated path geared toward recent college graduates interested in building the skills needed to own their own Goosehead Insurance franchise. Through professional development and networking opportunities, hands-on sales experience and coaching and valuable mentorships, graduates of the Agency Launch Program should be equipped with the skills to start and build their own successful Goosehead Insurance agency.
Christensen Group Insurance joined Assurex Global effective August 18, 2023. This firm is now included in the 101 independent brokerages that make up the worldwide partnership. Adding Christensen Group Insurance is a strategic move to further enhance the Assurex Global Partnership’s offerings and continued growth. Assurex Global maintains rigorous selection standards for its partner firms, ensuring that clients always work with the best in the industry.
King Insurance Partners announced that Hartley Insurance Services, LLC. has officially joined its team. As a full-service insurance agency based in Port Orange, Florida, Hartley offers top-tier insurance carrier partners to commercial line customers. In 2012, Paul Hartley founded the company and will remain in charge of its operations.
Texas Agency Alliance announced the addition of four new independent member agencies. These new members bring TAA’s alliance to over 85 independent agencies.
Berkley Select’s nonprofit and professional liability teams have collaborated to create an innovative solution that provides comprehensive coverage for organizations offering legal aid services. This new appetite expansion aims to offer a first-of-its-kind coverage for classes of business including bar associations, civil welfare for the public, as well as advocacy organizations offering legal aid.
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