Consumer trends have a way of reaching B2B markets faster than many industry observers expect. That’s why senior insurance executives focused on the large commercial and …
Read MoreTechnology Deep Dive: The Internet of Things in Commercial Lines
In commercial insurance, the impact of the Internet of Things (IoT) will vary from business to business. However, all businesses, including insurance agents and carriers, will benefit in three major …
Read MoreThe Current State of the Insurance Market
We have been in a hard insurance market, with 18 consecutive quarterly rate increases, that is the result of a confluence of several distinct factors. Before diving into …
Read MoreFederal agencies look to crack down on telemedicine fraud
At the same time, the opportunities for fraud have increased. Unscrupulous international and domestic telemarketing call centers, staffing companies, marketers, brokers and practitioners, among other individuals and entities, …
Read MoreWhy Should an Agent Choose Commercial Insurance Over Personal Insurance in 2022?
According to the Insurance Information Institute (III), Property and Casualty insurance (P&C) remained profitable in 2020 despite a 26% drop in the net income when compared to 2019. Despite …
Read More4 Goals Every Insurance Agent or Agency Should Be Setting
You don’t have to be a business expert to know the importance of setting goals. Goal setting is common practice in our world – from setting weight-loss goals …
Read MorePlanning for Success: How to Create a Business Plan When Starting Your Independent Insurance Agency
Launching an insurance company comes with a lot of twists and turns. Independent agents face many uncertainties, which means it’s important to stay organized and have a clear …
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