Venbrook Expands Market Capabilities with Crum & Forster MGA Appointment; International Travel Practice Marks First New Program Under Agreement
Industry veterans Curt Carlson and Eric Adair will lead the new sector
LOS ANGELES, March 12, 2025 /PRNewswire/ -- Venbrook Group, LLC ('Venbrook'), one of the fastest growing independently owned insurance brokerage, claims, and risk management consulting companies in the U.S., today announced it has been named a Managing General Agent ('MGA') for Crum & Forster ('C&F') Accident & Health ('A&H') Division. C&F is a leading national commercial property & casualty, accident & health, and specialty insurer. In addition, Venbrook also announced the launch of the company's first International Travel practice as the first program under the new agreement. The practice will be led by industry veterans, Curt Carlson ('Carlson') and Eric Adair ('Adair').
As a new MGA with C&F's A&H Division, Venbrook will expand its service offerings and capabilities across its divisions, leveraging the firm's expertise to deliver new and innovative travel solutions for its clients. The collaboration marks a significant milestone for Venbrook as one of the few named MGAs for C&F's A&H Division and combines the company's commitment to exceptional customer service alongside C&F's market presence.
The International Travel practice is one of many new programs and the first direct-to-consumer product from Venbrook. The program's initial launch includes two plans available to non-U.S. citizens coming to the United States, namely:
Venbrook Premier - Travel Medical URC*
Venbrook Basic - Travel Medical URC*
*Usual, Reasonable, and Customary
Additionally, Carlson has been named Senior Vice President of the new practice, and Adair has been named Vice President. He will report to Alison Myers, Executive Vice President and Head of Retail Benefits.
Executive Insights:
'It's an honor to partner with C&F's A&H Division, and I am thrilled to build new branded programs,' said Myers. 'This is a tremendous opportunity for our team to be innovative and serve our clients and their employees and make a true impact on providing accessible and affordable programs.'
'C&F is an historic insurance company,' said Jason D. Turner, founder and CEO of Venbrook. 'This agreement gives us a tremendous opportunity to offer our clients even more bespoke products and solutions that can fit a multitude of needs across all our verticals now and in the future.'
'We've gotten to know the entire team at Venbrook,' said Susan Silfen, Executive Vice President of the A&H Specialty Business Unit at C&F. 'They share the same commitment to exceptional customer service as we do, and we are pleased to welcome them as a distribution partner and look forward to seeing what the future holds.'
About Venbrook®
Venbrook Group, LLC is a holding company with subsidiaries engaged in retail broking, wholesale broking, programs, and claims services. Venbrook's team of experts and industry specialists partner with their clients to manage their risks, create security, promote growth, and add value by delivering best-in-class insurance products and programs. Venbrook is headquartered in Los Angeles, with various locations across the country. For more information, please visit www.venbrook.com [c212.net].
408.316.9077
20250207-4205398
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
43 minutes ago
- Yahoo
Morgan Stanley (MS) CEO ‘super pumped' Over Sustained Pipeline Strength
Morgan Stanley (NYSE:MS) is one of the best Goldman Sachs bank stocks. On June 10, Morgan Stanley CEO Ted Pick informed investors that he is optimistic about a strong end to the quarter, noting that business momentum has picked up after a brief slowdown in April due to US tariff news. CEO Ted Pick adopted an upbeat tone at the bank's annual financial conference, saying he is feeling 'super pumped' about the company's business outlook. Deal activity is picking back up, and Pick said equity capital markets are starting to reopen. M&A conversations have remained steady, even accelerating in some areas. 4kclips/ Morgan Stanley is presently heading multiple high-profile IPOs, including fintech company Chime, expected to raise up to $832 million this week. It also helped bring Hinge Health and ad-tech firm MNTN public in May. On the M&A side, the bank advised TJC on its $5 billion sale of Silvus Technologies to Motorola and supported AT&T's $5.75 billion acquisition of Lumen's fiber business. The firm also worked with Toyota's special board committee on a potential go-private proposal. Pick said changes to banking regulations would be welcome, as they could lead to potential acquisitions. He has remained one of the more optimistic voices on Wall Street, saying back in April that he was 'cautiously optimistic' the US would avoid a recession. Morgan Stanley (NYSE:MS) is a global financial services firm offering investment banking, wealth management, and asset management to clients worldwide. While we acknowledge the potential of MS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Grab Holdings (NasdaqGS:GRAB) Reports Robust Q1 Earnings Boosting Investor Confidence
Grab Holdings is currently in discussions about a potential acquisition of PT GoTo Gojek Tokopedia Tbk, with Indonesia's sovereign wealth fund considering involvement to mitigate regulatory challenges. This M&A activity likely contributed to the 4% increase in Grab's share price last quarter, as investors may view the deal as a chance to strengthen Grab's market position. Additionally, Grab's robust Q1 earnings report, revealing improved sales and a shift to net income, might have further bolstered investor confidence, adding weight to market trends despite the broader market's flat performance over the last week. Be aware that Grab Holdings is showing 1 weakness in our investment analysis. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. The proposed acquisition of PT GoTo Gojek Tokopedia Tbk could significantly enhance Grab Holdings' competitive edge in the Southeast Asian market. The potential involvement of Indonesia's sovereign wealth fund may facilitate regulatory approvals, potentially leading to increased market confidence. Over the last three years, Grab's shares have delivered impressive total returns of 96.14%, showcasing the company's strong long-term performance. Compared to the industry and market returns over the previous year, Grab stands out by exceeding the US Transportation industry's 6.1% return and the US market's 10.6% return. This news has implications for Grab's revenue and earnings forecasts. Investors may anticipate that the acquisition will offset intensified competition and economic uncertainties, thus potentially bolstering revenue growth. With analysts forecasting robust earnings growth to $588.6 million by 2028, the market will be watching closely. However, execution risks and integration challenges could impact these forecasts. The recent share price movement of around $4.79, reflecting a positive response to the acquisition news and strong Q1 results, remains below the consensus analyst price target of $5.68. This suggests potential upward movement, as analysts predict a 15.6% increase to reach this target, reinforcing the acquisition's perceived value in strengthening Grab's market position. Assess Grab Holdings' future earnings estimates with our detailed growth reports. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:GRAB. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Business Insider
2 hours ago
- Business Insider
South Africa stock loses $3.7b as foreign investors withdraw from its market
South Africa, Africa's largest economy, is currently experiencing its most prolonged streak of foreign equity outflows in five years, with investors withdrawing a substantial $3.7 billion from the local stock market since October 2024, a data released by the Institute of International Finance (IIF) showed. South Africa is experiencing significant foreign equity outflows, with $3.7 billion withdrawn since October 2024. Economic stagnation and declining per capita income are contributing to foreign investor hesitancy. Emerging markets like Brazil, Turkey, and Taiwan are attracting more inflows, contrasting South Africa's volatile foreign investment trends. A Reuters report noted that the recent withdrawal, amounting to nearly double the $1.9 billion in outflows recorded from 2023 to early 2024, underscores increasing investor hesitation towards stocks listed on the Johannesburg Stock Exchange (JSE), despite its status as one of the world's top-performing markets this year. According to Bank of America, South African equities have delivered a 29% return in dollar terms year-to-date, ranking among the global top five performers, behind only Greece, Spain, Germany, and Italy. However, this strong performance has not translated into sustained foreign interest. Graham Tucker, portfolio manager at Old Mutual Investment Group, observed: "Investors are looking to diversify outside the U.S., but that doesn't automatically make South Africa a top destination." He added that South Africa's stock market appears cheap, but this pricing reflects over a decade of economic stagnation and declining per capita income, which underlies the cautious investor sentiment. Emerging market shift excludes SA Meanwhile, the broader emerging market landscape is witnessing a resurgence in certain relative stock markets. According to IIF data, countries such as Brazil, Turkey, Taiwan, and South Korea are attracting increasing capital inflows as fund managers diversify away from US assets. In contrast, South Africa risks being left behind in this trend. Although the JSE has seen higher trading volumes in recent weeks, foreign investment remains volatile. Exchange data shows that in the previous week, non-South African investors bought stocks worth over 30 billion rand (approximately $1.6 billion), reportedly the highest in years, but sold about 24.7 billion rand ($1.3 billion) during the same period. With just a few weeks into the second half of 2025, non-resident investors have been net sellers of $5.9 billion in equities, nearly $1 billion more than during the same period in 2024. Tucker further commented on the situation, noting: " Foreign investors tend to behave like tourists. They'll come for a trade, especially in gold stocks when the commodity is booming, but they won't stay without long-term policy certainty." While the South African stock market continues to record gains, the country's economy remains fragile, as evidenced by stagnant GDP growth in the first quarter of 2025, largely due to six consecutive months of contraction in the mining and manufacturing sectors.