This article by Tom Kussurelis, SVP and chief operating officer of National 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
MGA management
Power BI: What it is, how we use it, and how it provides a more accurate view of your business
Most, if not all, of the routine reports you rely on today to understand how your business is performing take time and effort. You wait for updated data to be sent to you from various sources and then you manually update primary Excel files to refresh your KPIs and charts. It’s an ongoing task that… Read More
National Programs’ licensing team takes the burden off individual companies
National Programs offers a variety of shared services to our acquired companies, from new product development and technology to data analytics, marketing, legal, finance and more. Today we’re focusing on our Licensing team, and how they save our companies time (and legal headaches!) by ensuring all teammates’ licenses and CE credits are up to date…. Read More
How National Programs’ shared services helps companies grow
Protector Plans has taken advantage of many of National Programs’ shared services to increase productivity, improve the customer experience and drive growth. Protector Plans represents multiple professional programs including those for dentists, lawyers, physicians and optometrists. Their house of brands also includes event cancellation and parcel insurance. Several areas underwent significant improvements in the last… Read More
Why join your company with National Programs? It’s a culture fit and a future you’ll love.
Finding the right buyer The M&A market for MGAs and brokers has been growing for years. Much of this activity has been driven by private equity-backed buyers, who have steadily increased their percentage of total transactions since the Great Recession. However, the shock of COVID-19 and its aftereffects have caused many potential sellers to reconsider strategic buyers (either… Read More
An Inside Look at M&A Strategies for MGAs
National Program’s acquisition strategy This article originally published in Insurance Business’s special section on M&As in Spring 2021. Today’s MGAs are engines of profitable growth, heating up the M&A space, say Steve Bouker, Arrowhead EVP, and Chris Walker, Arrowhead CEO and president of Brown & Brown National Programs. Both have 30-plus years of experience and… Read More
How today’s MGAs can simplify and add value to carriers and agents
How does an MGA add value to both their carrier(s) and their producers? Niels Seebeck, chief underwriting officer of Arrowhead Risk Managers Program, answered this question with some valuable advice for all MGAs and PAs looking to grow their business. Part of National Programs, Arrowhead Risk Managers is a nationwide E&S property program for wind-driven… Read More