Insurance Journal

NOVEMBER 21, 2024

According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes rose … Respondents of a recent survey reported lower premium increases for all lines of business except umbrella during the third quarter.

Premium 130

Premium Commercial Broker-Agent Commercial Property 130

Insurance Journal

SEPTEMBER 30, 2024

Verve Risk Services, the London-based managing general agent, announced the launch of a captive insurance product and its “Verve Aura” broker portal, designed to meet evolving customer needs. Formed in 2016 and supported by OneAdvent, the specialist MGA services platform, …

Broker 244

Broker Broker-Agent Agents Insured 244

Insurance Journal

NOVEMBER 20, 2024

The 22 acquirers that make up the Sica Fletcher Index were involved in 142 agent-broker deals in the third quarter to match the amount of deal from the same quarter last year. Members completed 385 acquisitions for the year as …

Broker 258

Broker Broker-Agent Agents 258

Insurance Journal

SEPTEMBER 16, 2024

Todd Jackson, owner and partner of McGowan Insurance Group, has been named chairman of the Independent Insurance Agents & Brokers of America (the Big “I”). Jackson was installed as the 2024-2025 chairman of the industry group at its fall conference …

Broker-Agent 260

Broker-Agent Insurance Agent Insurance Agents Broker 260

Insurance Journal

NOVEMBER 3, 2024

Todayis insurance regulatory landscape can be a tricky one, particularly when it comes to charging fees. For property/casualty insurance brokers and agents, understanding permissible fee structures is crucial to maintaining compliance and avoiding penalties. With state laws varying widely and …

Broker-Agent 246

Broker-Agent Casualty Insurance Insurance Broker Broker 246

Insurance Journal

OCTOBER 24, 2024

Washington Insurance Commissioner Mike Kreidler issued fines totaling $302,500 against insurance companies, agents, brokers and unlicensed entities in July, August and September for violations of state insurance laws and regulations. Among those actions was a $40,000 fine issued to Allstate …

Broker-Agent 147

Broker-Agent Broker Insured Insurance 147

Insurance Journal

JULY 14, 2024

By Chad Hemenway Independent agents placed more than 62% of all property/casualty insurance written in the U.S., according to the Independent Insurance Agents & Brokers of America (the Big “I”). The association’s 2024 Market Share Report said independent agents have …

Broker-Agent 264

Broker-Agent Premium Casualty Insurance Insurance Agent 264

Insurance Journal

OCTOBER 20, 2024

National Todd Jackson, owner and partner of McGowan Insurance Group, has been named chairman of the Independent Insurance Agents & Brokers of America (the Big “I”). Jackson was installed as the 2024-2025 chairman of the industry group at its fall …

Broker-Agent 261

Broker-Agent Insurance Agent Insurance Agents Broker 261

Insurance Journal

AUGUST 5, 2024

Wholesalers are a bridge between retail agents/brokers and the markets that provide the specialized coverages that retailers need for their most challenging risks. This post is part of a series sponsored by Dyad. Their success hinges on two crucial factors: …

Broker-Agent 246

Broker-Agent Broker Agents Risk 246

Redbird Agents

APRIL 15, 2024

It looks like you’re here to learn how to become a Medicare insurance agent? This article breaks down the 8 steps required to start and maintain a successful career in Medicare sales and build a residual six-figure income in five years or less (I’ve coached many agents who have accomplished this in 24 months or less).

Insurance Agent 130

Insurance Agent Insurance Agents Agents License 130

Insurance Journal

SEPTEMBER 30, 2024

Ventis, the London-based commercial and residential real estate managing general agent, has expanded into Ireland, continuing its mission to deliver client service and capacity to brokers in the underserved middle of the property market. Ventis’ capacity will be distributed through …

Broker-Agent 275

Broker-Agent Commercial Broker Agents 275

Insurance Journal

AUGUST 20, 2024

Commercial property/casualty premium increases in the second quarter 2024 were flat or down from the previous quarter for all lines of business—evidence of a softening insurance market, according to The Council of Insurance Agents & Brokers (CIAB) quarterly survey. Premiums …

Commercial 279

Commercial Commercial Property Broker-Agent Premium 279

Insurance Journal

AUGUST 2, 2024

Ryan Specialty, a publicly traded provider of specialty products for insurance agents, brokers and carriers, has agreed to buy US Assure Insurance Services of Florida, a company specializing in builder’s risk insurance. Based in Jacksonville and founded in 1977, US …

Risk 264

Risk Broker-Agent Building Insurance Agent 264

Insurance Journal

NOVEMBER 17, 2024

As insurers look to 2025, several trends are emerging that affect premium and deductible costs — leading to lengthy conversations between insurance agents and brokers and their customers. For worship facilities, some of the most prevalent trends include: • Weather-related …

Underwriter 130

Underwriter Underwriting Broker-Agent Deductible 130

Insurance Journal

JULY 17, 2024

This edition of International People Moves details appointments at managing general agent DUAL Europe and insurance broker WTW. A summary of these new hires follows here. DUAL Swiss Taps Tokio Marine’s Wyss as Managing Director DUAL Europe announced the appointment …

Broker-Agent 279

Broker-Agent Insurance Broker Broker Agents 279

Insurance Journal

AUGUST 12, 2024

The 22 acquirers that make up the Sica Fletcher Index were involved in 242 agent-broker deals in the first six months of 2024, totaling $635 million in revenue. That is a 45% drop in revenue from what was acquired during …

Broker 288

Broker Broker-Agent Agents 288

Insurance Journal

SEPTEMBER 1, 2024

The 22 acquirers that make up the Sica Fletcher Index were involved in 242 agent-broker deals in the first six months of 2024, totaling $635 million in revenue. That is a 45% drop in revenue from what was acquired during …

Broker 246

Broker Broker-Agent Agents 246

American Agents Alliance

OCTOBER 18, 2024

Tough insurance markets make managing the industry a challenge for independent agents and brokers. Read on to learn more about how agents and brokers can best manage tough insurance markets. Insurance regulations are always evolving, particularly in tough insurance markets like California.

Agents 52

Agents Broker-Agent Policyholder Broker 52

PSM Brokerage

NOVEMBER 19, 2024

Build Trust : Clients are more likely to work with agents who are ethical and transparent. Follow Third-Party Marketing Organization (TPMO) Rules CMS considers agents and brokers third-party marketing organizations (TPMOs). Record Marketing and Sales Calls Agents must record all marketing, sales, and enrollment calls.

Agents 52

Agents Broker-Agent Protection License 52

Insurance Journal

OCTOBER 20, 2024

As if it were yesterday, I vividly remember going to my first catastrophic fire loss with my dad at the young age of nine. It was a house fire in Sarasota involving a resident falling asleep with a lit cigarette.

Insurance Agent 279

Insurance Agent Insurance Agents Agents Claim 279

Friendly Agent

SEPTEMBER 21, 2020

The movie tackles the lives of stockbrokers and also talks about the life of their partners, insurance agents. The world of insurance selling can be overwhelming. Among the first steps is to learn the responsibilities and preferences that agents must have. There are Property and Casualty, Life/health insurance, and more.

Insurance Agent 130

Insurance Agent Insurance Agents Agents Broker-Agent 130

American Agents Alliance

OCTOBER 14, 2024

Understanding millennial insurance buyers and their motivations is critical for agents and brokers selling to this demographic. Learn ways to sell to millennial insurance buyers in this blog. Learn ways to sell to millennial insurance buyers in this blog.

Agents 52

Agents Broker-Agent Policyholder Insured 52

Word & Brown

OCTOBER 31, 2024

Whether you’re new to insurance sales or you’ve been at it for years, no matter how many customers you have, an ongoing challenge is attracting and retaining new customers. 3: Be Professional, Transparent, and Honest Effectively communicating the value of the insurance products or services you are recommending is critical.

Insurance Agent 52

Insurance Agent Insurance Agents Agents Broker-Agent 52

American Agents Alliance

AUGUST 21, 2024

When it comes to the California insurance market, independent agents face overwhelming challenges due to the ongoing insurance crisis. However, there are opportunities to thrive in this environment if agents are willing to adapt. Here’s why independent agents should prioritise attending this annual event.

Agents 52

Agents Broker-Agent Broker Insured 52

Boyle Agency Insurance

OCTOBER 22, 2024

Bogle Agency Insurance , Lyndhurst NJ, has been named a “Best Practices Agency” for 2024. This marks the 22nd consecutive year that we have done so, and we join an elite group of independent insurance agencies nationwide. Bogle Agency Insurance was founded in 1919 (that’s right, over 100 years ago!)

Broker-Agent 52

Broker-Agent Insurance Agent Insurance Agents Broker 52

Smart Insurance Agents

OCTOBER 16, 2024

A medical health insurance broker helps you choose the best health insurance plan tailored to your needs. Unlike agents tied to one insurer, brokers work with multiple companies to give you unbiased options. What is a medical health insurance broker?

Insurance Broker 52

Insurance Broker Broker Broker-Agent Out-Of-Pocket Expense 52

Zywave

SEPTEMBER 8, 2024

Commercial insurance is more intricate than ever. But it can be tedious for insurance brokers and Managing General Agents (MGAs) to provide these options to businesses at scale. With the nature and location of work transforming, companies face dynamic risks – particularly for Excess & Surplus (E&S) coverage.

Broker-Agent 98

Broker-Agent Commercial Insurance Insurance Broker Commercial 98

Rough Notes

NOVEMBER 1, 2024

A guide for agents and brokers on the peril, its impact, mitigation steps and response By Thomas Brocksmith As natural catastrophes go, hail probably isn’t at the top of the list of perils that keep most people up at night. Yet, every year, hail is the cause of damage to hundreds of thousands of properties […]

Broker-Agent 97

Broker-Agent Damage Broker Agents 97

Insurance Agent Near Me

AUGUST 7, 2024

Get prepared for your commercial insurance decisions by asking these 7 crucial questions to your brokers! The post 7 Questions to Ask Your Commercial Insurance Brokers Before Signing appeared first on Insurance Agent Near Me.

Commercial Insurance 52

Commercial Insurance Insurance Broker Commercial Broker 52

Friendly Agent

OCTOBER 28, 2020

How do you become the best real estate agent in your area? If you love meeting people and being your own boss, then surely you’re fit to become a real estate agent. In this article, I will be giving you tips to help you increase your income and marketability as a real estate agent. What Does a Real Estate Agent Do?

Agents 130

Agents Broker-Agent License Building 130

American Agents Alliance

JUNE 24, 2024

Technology is revolutionizing many industries — and insurance is one of them. With innovations changing the way policyholders buy insurance, interact with their agents, and file a claim, the entire ecosystem looks and feels different than in the past. This can increase customer satisfaction and retention.

Insurance Agency 52

Insurance Agency Broker-Agent Policyholder Agents 52

American Agents Alliance

AUGUST 22, 2024

By Mark Robinson A major shift is coming to automobile insurance coverage in California. For insurance agents, it is critical to understand the implications of these new requirements and proactively communicate with clients as the changes approach. What Should Be Top of Mind for Agents? Why Are Limits Being Increased?

Auto Insurance 40

Auto Insurance Agents Broker-Agent Property Damage 40

Word & Brown

OCTOBER 28, 2024

For most brokers, fourth quarter and early January are peak season. 9) Learn to Say “No”: As an insurance professional committed to customer service and nurturing positive relationships with others, you may feel pressured to say yes to every meeting or request. 1) Prioritize Key Tasks: Begin each day by listing your target tasks.

Insurance Agent 52

Insurance Agent Insurance Agents Agents Broker-Agent 52

Redbird Agents

SEPTEMBER 4, 2024

Choosing the right Customer Relationship Management (CRM) system is crucial for enhancing customer interactions and streamlining operations within the insurance industry. Stars Insurance Lead Machine $97 - $297 Yes Yes Limited N/A Less Annoying CRM $15/user Yes Custom Limited 4.9 Stars Salesforce $25 - $300 Yes Yes Extensive 4.3

Insurance Industry 130

Insurance Industry Broker-Agent Insured Insurance 130

Redbird Agents

JULY 18, 2024

When it comes to buying insurance of any type, there are a myriad of choices and variables you must wade through to find the policy that works best for you. That’s no different when it comes to final expense insurance, with dozens of options major insurers offer. Compare quotes available to you from up to 30 insurance companies.

Insured 130

Insured Insurance Insurer Policy 130

Insurance Journal

SEPTEMBER 3, 2024

Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has signed a definitive agreement to acquire certain assets of the European managing general agent Geo Underwriting Europe BV (Geo Europe), part of London-based Ardonagh Group. Terms of the transaction …

Underwriter 290

Underwriter Underwriting Agents Broker-Agent 290

American Agents Alliance

OCTOBER 4, 2024

Insurance customers expect a hybrid insurance experience — and agents and brokers can provide this for them. Insurers and agents are not only competing with each other, they are being compared with the digital experiences consumers have with services like Google, Uber, and Amazon.

Broker-Agent 52

Broker-Agent Policyholder Agents Insured 52