News

McNeil & Co. is pleased to announce the promotion of Mary McNeil to the position of President & Chief Operating Office.  Serving as COO for the better part of fifteen years, Mary has been responsible for directing each of the company’s departmental disciplines while providing direct oversight to the Finance and Legal teams.  Through her...

Residents in Herkimer County are still feeling the impact of the severe flooding from last week’s storms. Firefighters in the area have been working around the clock to help evacuate effected neighborhoods and protect their communities, all while facing the wrath of the flooding themselves. Some departments in the area, like the Village of Middleville...

Cortland, NY—McNeil & Company (McNeil), a leader in specialized risk assessment and insurance, announced today that it has acquired Bonding & Insurance Specialists Agency, Inc. (BISA), a firm providing insurance products in the environmental and restoration industries. As part of the agreement, BISA has become a program of McNeil. The company will remain in its...

Often times the focus for insurance agents is on acquiring new business. So much so, that you may lose sight of how important your existing client base is. It’s crucial that you convey your gratitude for the loyalty your clients have shown over the years to help maintain your current book of business. One way...

A lot of time and energy is put into the hiring process to help ensure that your agency finds the right people to join your team. But even the most experienced candidates need training and continuous learning to maintain success. It’s essential that you identify the training needs of your employees and implement a strategy...

When you think of Management Liability Insurance, your first thought likely goes to large, publicly traded companies. However, many nonprofit organizations have similar exposures to personal liability risks. If one of these organizations doesn’t have a Management Liability policy in place, they could be leaving their board members and management team vulnerable to potential lawsuits....

In the insurance industry, claims are inevitable. One day you’re going to receive a call from a client saying there’s been an incident and they need to know what to do next. Will you be prepared when they do? Although the insurance company manages the claim, independent agents often are the point of contact for...

Cortland, NY—McNeil & Company (“McNeil”), a leader in specialized risk assessment and insurance, announced today that it has entered into an agreement under which Arch Capital Group Ltd. (NASDAQ: ACGL)(“Arch”), a leading global insurer, will acquire McNeil & Company. The transaction is expected to close later this quarter. McNeil & Co. will retain its identity...

Expansion into new markets can help your agency grow exponentially. But which markets should you pursue and when is the right time to jump in? One way to expand your insurance agency's business is to pursue entering a new market. Be careful though. Jumping feet first into an industry without conducting the proper due diligence can...

Lexipol, the leading provider of state-specific policies and training for public safety agencies, and McNeil & Co., a nationwide leader in specialized risk management and insurance programs, are pleased to announce a partnership to offer policy solutions for fire operations. As part of the agreement, Lexipol will offer its Fire Policies and Training solution at...