American Agents Alliance

OCTOBER 14, 2024

Understanding millennial insurance buyers and their motivations is critical for agents and brokers selling to this demographic. How to Sell to Millennial Insurance Buyers Here are some ways agents and brokers can find success when selling insurance to millennials: Understand the preferences and buying behaviors of millennials.

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Jackson & Jackson

NOVEMBER 16, 2024

Ensuring your business has the right insurance policies is not just a smart decision—it’s essential for long-term success. Here are the top 6 insurance policies every IT business in California should have to safeguard their operations. This policy covers medical expenses and lost wages if an employee gets injured or sick while working.

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Insurance Policy Policy General Liability Workers Compensation Insurance 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. This article will explain how brokers operate, the benefits of using one, and how to find the right broker for you.

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

PSM Brokerage

AUGUST 8, 2024

As of July 19, 2024, CMS is blocking agents and brokers from making changes to a consumer’s FFM enrollment unless the agent is already associated with the consumer’s enrollment. This applies to all agent-assisted enrollment applications across all enrollment platforms.

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American Agents Alliance

OCTOBER 8, 2024

Effectively managing these risks is a critical part of agency operations for any independent agent or broker. These technologies have changed how agents and brokers manage risk and advise policyholders, introducing the potential for new E&O claims. Historical data can be useful to agents, as well.

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American Agents Alliance

JUNE 24, 2024

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. Utilizing technology to streamline agency operations and processes is a strategy agents and brokers can use to embrace change and use it to their advantage.

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Insurance Agency Broker-Agent Policyholder Agents 52

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. In response, they developed a dedicated app that lets you shop from the convenience of your phone to find the best policy that suits your needs.

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American Agents Alliance

OCTOBER 24, 2024

The lawsuit, filed in Alameda County Superior Court, argues that the FAIR Plan’s handling of smoke claims falls short of the legal standards for fire insurance policies mandated by state law. In reality, the plaintiffs argue, the changes resulted in more denied claims and less protection for homeowners.

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Damage Claim Broker-Agent Policyholder 52

American Agents Alliance

AUGUST 22, 2024

For insurance agents, it is critical to understand the implications of these new requirements and proactively communicate with clients as the changes approach. The most immediate impact will be an increase in premiums for drivers currently holding minimum coverage policies. What Should Be Top of Mind for Agents?

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Auto Insurance Agents Broker-Agent Property Damage 40

American Agents Alliance

JULY 12, 2024

Independent agents and brokers can differentiate their services by providing exceptional customer service. This can help agents to find new customers, but often more importantly, providing great service aids in customer retention. Offer them added value, like annual policy reviews or quotes from other carriers at renewal.

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American Agents Alliance

JULY 5, 2024

Agents and brokers can leverage data analytics to help reduce their E&O risk and mitigate losses in several ways. Ways to Leverage Data Analytics to Mitigate E&O Risk Here are some actionable ways independent agents and brokers can use data to mitigate their E&O risk.

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Risk Broker-Agent Agents Policyholder 52

Redbird Agents

SEPTEMBER 13, 2024

Standardize Procedures: Document every process within your agency, from client onboarding to policy renewals. A CRM helps track client interactions and policy renewals, ensuring smoother operations. This includes any contracts with agents, partners, or referral sources, as well as insurance carrier agreements.

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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.

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Broker-Agent Policyholder Agents Insured 52

American Agents Alliance

SEPTEMBER 30, 2024

This is a role insurance agents often play — and disaster planning is always more effective when it is proactive. As an agent, you already know some causes of loss are excluded but many policyholders do not understand this aspect of their coverage. Help your policyholder sign up for automatic notifications if they are available.

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Policyholder Broker-Agent Personal Property Agents 52

Distinguished

OCTOBER 30, 2024

While Builder’s Risk policies for both types of projects offer similar coverage, such as insuring for damage to the structure from fire, theft, and other covered perils, there are important distinctions between residential and commercial coverage. We offer 3-, 6-, 9-, or 12-month policies, with extensions available upon review.

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Commercial Risk Broker-Agent Inland Marine 52

Distinguished

OCTOBER 9, 2024

Distinguished has been an outstanding partner, and this expanded collaboration enables us to better serve brokers in the community association sector,” said Greg Douglas, President of Berkley Program Specialists. Together, our combined expertise ensures brokers can offer tailored, top-tier solutions backed by two industry leaders.”

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Crime Broker-Agent Inland Marine Broker 52

Agency MVP

DECEMBER 20, 2021

When it comes to expanding your influence as an insurance agent, referrals are among the most effective and cheap options available. However, sometimes they need a little push to do so, which leaves agents wondering if gifts are the perfect form of incentive. Common referral gifts include gift cards, cash, and event tickets.

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Distinguished

OCTOBER 31, 2024

Notify your insurer and broker as soon as possible, detailing how, when, and where the loss occurred and what property may be damaged. Review Your Insurance Coverage – Take the time to examine your liability insurance policy to confirm that it includes volunteer coverage.

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Protection Broker-Agent Inland Marine Broker 52

Word & Brown

AUGUST 1, 2024

A Health Insurance broker – sometimes called an insurance agent – is a licensed professional who works with individuals and businesses to help them shop for and compare insurance policies. A “captive” insurance agent is one who sells only one insurer’s products. Captive or Independent?

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American Agents Alliance

JUNE 10, 2024

Independent agents and brokers need to keep up with these changes, particularly as innovations affect trends in E&O insurance. Policies have to change to keep up with technology and other risks and opportunities. Increased customizations will be available with E&O policies.

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Broker-Agent Cyber Agents Policyholder 40

Majesco

SEPTEMBER 26, 2024

Traditional agent-based models remain dominant but are making room for new channels from direct-to-customer to marketplaces, MGAs, affinity, embedded, and more. At the same time, consolidation of agencies and brokers continues, creating a shift in power and expectation of “ease of doing business” with insurers. times greater.

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Broker-Agent Agents Insured Insurance 73

Tosten Marketing

JANUARY 15, 2023

Google Paid Search For Insurance Agents – What to Know Before You Get Started Paid search is a great option for many agents who want an additional source of leads that reaches beyond their SEO footprint. For instance, the cost of a “home insurance” lead tends to be +$50 while a lead for a motorcycle policy tends to be less.

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Insurance Agent Insurance Agents Agents Insured 52

Protect Commercial Insurance

SEPTEMBER 13, 2024

The Role of Brokers in Securing the Best Commercial Insurance Deals When it comes to safeguarding a business, securing the right commercial insurance is a crucial step. Here is where brokers come in, not merely as middlemen, but as invaluable partners in the quest for the best commercial insurance deals.

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Commercial Insurance Broker Commercial Broker-Agent 52

Redbird Agents

SEPTEMBER 4, 2024

Many insurance agents understand the importance of integrating a robust CRM solution into their daily workflows, yet few commit to fully leveraging its capabilities to strengthen the backbone of their business. Better Agency Core Features : Specifically designed for insurance agencies, focusing on policy management and renewal tracking.

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Insurance Industry Broker-Agent Insured Insurance 130

Cowbell

JUNE 28, 2024

The Independent Insurance Agents of Texas (IIAT) had their annual conference last week, bringing together agents, underwriters, thought leaders, and service providers to network and learn about the most pressing trends in the industry. Many businesses remain underinsured and agents and brokers want to close that gap.

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Broker-Agent Cyber Agents Broker 40

Distinguished

SEPTEMBER 25, 2024

Different Builder’s Risk insurance policies vary from one insurance carrier to another.  Typically speaking, Builder’s Risk policies will cost anywhere from 1-5% of the total project cost. Who Should be Named in a Builder’s Risk Policy? Naturally, they must be named on the policy. Access our online Broker Portal.

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Risk Broker-Agent Insured Insurance 52

Distinguished

OCTOBER 1, 2024

If you missed our recent webinar, “Fine Art & Collectibles Insurance: Q&A for Brokers,” don’t worry. A: We are currently available for commercial policies in California, but we do expect to have approval for personal collections very soon. Brokers with similar accounts are welcome to send them in for review.

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Broker Broker-Agent Inland Marine Insured 52

Zywave

NOVEMBER 6, 2024

Brokers can now leverage industry data and loss profiles from similar organizations to provide their clients with more sophisticated insight into coverage limit adequacy and potential loss gaps. . “Now, it’s not only faster, but it’s also smarter. For more information on Zywave, visit www.zywave.com.

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Cyber Broker-Agent Broker Commercial 52

Agency Intelligence

OCTOBER 14, 2022

Insurance premium financing is an ideal solution for insurance providers, agents, and brokers looking to provide the best possible service to their insureds. With a commercial insurance loan, insureds can easily maintain liquidity and access policies that might otherwise be outside of their purchasing capacity.

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Commercial Insurance Premium Commercial Broker-Agent 52

Distinguished

SEPTEMBER 17, 2024

For example, this has been ongoing since COVID but continues to have an impact – labor and product supply, and how that impacts whether we can extend a policy depending on the circumstances. Our max policy term is 24 months total, meaning the 24 months includes the initial policy term plus all extensions.

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Risk Broker-Agent Deductible Insured 52

American Agents Alliance

AUGUST 26, 2024

This tech-forward private passenger specialty auto carrier has exceeded expectations – in part because of its robust broker partnerships. This was not easy or inexpensive but Aspire bet on the market and the longstanding loyalty of their broker partners. Aspire as an entity was born from brokers.

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Distinguished

JULY 8, 2024

If you missed our recent 30-minute webinar, “Hotel Primary Insurance: A Check-In to Success for Insurance Brokers,” don’t worry. Hear from industry experts as they discuss critical differences in Hotel Primary policies and key risks to consider. A: No, our policy does not exclude human trafficking.

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Insurance Broker Broker Broker-Agent Insured 52

Constant Contact

DECEMBER 14, 2021

People looking to protect their homes, vehicles, and families want to work with an insurance agent they can trust. However, with 422,688 insurance brokers and agencies in the U.S. One of the best ways is to create plenty of positive social media posts for insurance agents.

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Distinguished

SEPTEMBER 10, 2024

Who Needs to be Insured by a Builder’s Risk Policy in Alabama? For a Builder’s Risk policy anywhere in the United States, it’s important everyone with a financial stake in the project be named in the policy. Cost of the project : The larger the project’s TIV, the more expensive a policy will be.  

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Risk General Liability Broker-Agent Insured 52

Distinguished

JULY 29, 2024

Types of Valuations Insurance policies can be written on an agreed value/scheduled or blanket basis. If it’s a piece that increases in value, as with contemporary art and any high-value fine art collection, the agreed value in the policy could fall significantly short of its market value. Think Warhol, Banksy, and Haring.

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Distinguished

AUGUST 26, 2024

However, a general rule of thumb for Builder’s Risk is to expect a policy to cost anywhere from 1-5% of the total project cost. Who Needs to be Insured by a Builder’s Risk Policy? Developers : In larger commercial projects, developers need to be included on the policy. Access our online Broker Portal.

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Risk Broker-Agent Insured Insurance 52

Healthinsurance.org

OCTOBER 16, 2024

From late 2018 through August 2024, federal rules permitted the sale of short-term health policies with total durations of up to three years. If your current short-term policy is scheduled to terminate at some point in 2025, you will not be able to purchase another longer duration short-term policy at that point.

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