Guest post by Vaughn Stoll, SVP and Director of Acquisitions for Brown & Brown With an insurance agency acquisition, a significant portion of the value is in the team. How do you ensure your teammates feel good about their new company and employers post-acquisition? Here are the four factors to speak to your teammates about… Read More
Insurance and generative AI: The future, love it or hate it–part 2
This is the second in a two-part series. Read part one here. Will generative AI take my job? PricewaterhouseCoopers admits that “No one yet knows the long-term impact of AI on overall employment.” Just a few years ago—prior to the advent of generative AI—the same company acknowledged that established forms of artificial intelligence aren’t boosting… Read More
Insurance and generative AI: The future, love it or hate it–part 1
This is the first in a two-part series. The discovery of certain weaknesses inherent in generative AI has been a cause for amusement, even relief, among some. Since its public debut in autumn 2022, ChatGPT and its analogs have been the subject of a great deal of hype, hope and fear. But not everybody is… Read More
How Title Pac uses Power BI for easier reporting
In 1972, Title Pac—a part of Arrowhead Programs—began offering E&O insurance to clients at competitive prices. Since then, Title Pac has expanded its reach; they now offer coverage for crime, cyber/data breaches, and bonds in addition to their original E&O plans. In October 2022, Bart Newsom (president, Title Pac) came seeking assistance in report automation…. Read More
Arrowhead Programs’ success by the numbers
Arrowhead Programs is comprised of one of the largest number of MGAs and PAs in the nation, representing more than $6 billion in written premium. Arrowhead Programs’ success can be measured by our 31 independent brands represent 65 delegated authority programs ranging from personal lines (auto, homeowners) to commercial lines (BOP, Entertainment, Transportation, Flood, and… Read More
2024 Outlook on the MGA Market: Time to Normalize Difficult Conversations?
This article by Tom Kussurelis, SVP and chief operating officer of Arrowhead Programs, was published Nov. 27, 2023 in Carrier Management. Just a year ago, the insurance industry experienced widespread and significant tightening in the reinsurance markets. “Volatility” was the watchword as 2022 wound down. Reinsurers raised prices, toughened up terms and specified higher attachment points,… Read More
How Protector Plans launched their Executive Liability plan and saw immediate success
Protector Plans, a group of Arrowhead Programs companies, recently rolled out their Protector Plans Executive Liability (PPEL) program. This project is bolstered by an experienced team of underwriters, product specialists and claims professionals—all with the backing of an A- (XV) rated carrier. The PPEL plan has been designed for private and not-for-profit companies via a… Read More
Arrowhead Programs Teammate Spotlight: Marla Peters, EVP and Chief Underwriting Officer, American Specialty
We recently sat down with Marla Peters to discuss her current role at American Specialty, as well as the journey that took her from college graduate to EVP and Chief Underwriting Officer for a company she loves. First, what does your job as EVP and CUO entail? I’m responsible for driving our underwriting results… Read More
Arrowhead Programs company spotlight: Public Risk Underwriters of Florida
Public Risk Underwriters of Florida Public Risk Underwriters (PRU) of Florida, Inc. serves as the program administrator for the Preferred Governmental Insurance Trust (Preferred). As a program administrator, PRU provides underwriting, loss control, marketing and accounting services for Preferred while offering property and casualty insurance to more than 400 public entities located throughout the state… Read More
How Arrowhead’s Excess & Surplus team launched a new product and wrote a $100,000 policy on the same day
Arrowhead’s Excess & Surplus team, led by SVP Britt Sellers, launched a Primary GL product in May and wrote a six-figure policy on the first day. We sat down with Britt Sellers and Rich Collins, VP of Operations, to learn how they did it—and how they saw success so quickly. What were you seeing (or… Read More