Wholesale Insurance

Wholesale Insurance

An insurance policy for a small group of persons, usually sponsored by an employer. Wholesale insurance is offered if a group is not large enough to qualify for group insurance; such groups generally range from five to 50 members. In wholesale insurance, the individual policyholder owns the policy, but the employer or another party subsidizes the premium.
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Headquartered in Los Angeles, Worldwide is one of the largest national wholesale insurance brokerage, managing general agent and program underwriters in the US Founded in 1970, the company has dedicated teams of product line specialists across its brokerage, managing general agent and program underwriter business units.
Los Angeles, Calif.-based national wholesale insurance broker Worldwide Facilities has signed an agreement with Genstar Capital, a San Francisco-based private equity firm, for an investment in Worldwide Facilities.
15 May 2019 - Chicago, US-based insurance organisation Ryan Specialty Group, LLC has agreed to acquire the assets and operations of Virginia, US-based wholesale insurance brokerage Atlantic Specialty Lines, Inc., the company said.
Specifically, the Chicago-based broker also known as RSG will buy some assets of ARC Specialty Brokerage, a wholesale insurance brokerage based in Jericho, N.Y.
London: The FCA launched a market study to assess how competition is working in the wholesale insurance broker sector.
BRITAIN'S financial watchdog has launched an investigation into the PS68bn wholesale insurance broking market following "significant changes" in the sector.
"The wholesale insurance market in the US has experienced growth in recent years and it continues to be a cornerstone of the industry," said Heather Turner, IBA journalist.
The goal is to help wholesale insurance professionals address fundamental issues, such as:
The proceeds are to be used to meet projected demand from the trustees of defined benefit pension funds for wholesale insurance annuity products.
The synergy of the AAMGA and NAPSLO, together serving the entirety of the wholesale insurance marketplace, is a common sense opportunity neither organization can afford to ignore."
FTP Inc., a wholesale insurance brokerage based in Old Bridge, NJ, that provides services to independent insurance agents, leased 507 square feet in the building for its first office on Long Island.
NL24, headquartered in Cardiff, is a separate business process outsourcing company providing a bespoke range of products including wholesale insurance and ancillary products, and access to a full cycle claims service.
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