American Agents Alliance

JANUARY 4, 2025

Establishing strong, trusting policyholder relationships drives long-term success for many agents and brokers. Agents and brokers must balance the risk of E&O and policyholder relationships to succeed. Agents and brokers must balance the risk of E&O and policyholder relationships to succeed.

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Policyholder Broker-Agent Agents Claim 52

American Agents Alliance

FEBRUARY 14, 2025

Cross-selling is an important tool for independent insurance agents and brokers, but it must be done ethically. Policyholders benefit from their agents expertise and knowledge when cross-selling is done well. Learn more about the ethics of cross-selling and how to use it to help policyholders in this blog.

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Broker-Agent Insurance Agent Insurance Agents Broker 52

American Agents Alliance

MARCH 19, 2025

Data-driven decision making can help improve retention rates by helping agents understand policyholder behavior and make adjustments proactively, before customers shop for other options. How to Use Data Analytics to Keep Policyholders Engaged Retaining a policyholder long-term leads to recurring revenue and an ongoing referral source.

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Agents Insurance Agent Insurance Agents Policyholder 52

American Agents Alliance

JANUARY 30, 2025

Property owners who decide not to use the Countys debris removal program could still use their insurance to cover the cost of private debris removal, but those costs could be deducted from the total coverage limits available in their policy leaving survivors with less money to rebuild.

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Protection Out-Of-Pocket Policyholder Deductible 52

American Agents Alliance

MARCH 9, 2025

For agents and brokers, this is a significant opportunity to grow their business while better serving an evolving market. Womens Financial Empowerment and the Opportunities for Agents Women have historically been an underserved market in the insurance industry as men have been the primary decision makers in households.

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Agents Insurance Agent Insurance Agents Broker-Agent 52

American Agents Alliance

JULY 17, 2024

Agents and brokers play important roles in the digital claims management process, from educating policyholders on loss mitigation to helping insureds file claims and work with their insurers. Data shows about 6% of homeowners filed a claim under their homeowners insurance policies during the five years ranging from 2018 to 2022.

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Broker-Agent Broker Agents Claim 52

PSM Brokerage

FEBRUARY 27, 2025

The Birthday Rule is gaining traction across the country, allowing Medicare Supplement policyholders to switch plans without medical underwriting around their birthday each year. Reduced underwriting can lead to higher premiums , increased policy lapses, and fewer carriers remaining in the market.

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Underwriter Underwriting Policyholder Premium 52

American Agents Alliance

MARCH 3, 2025

New efficient processes and workflows for underwriting, claims, policy administration, billing, and customer service have been implemented across the industry. However, for agents and brokers, these new AI-driven processes can introduce new E&O risks to mitigate and manage.

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Broker-Agent Broker Agents Risk 52

P&L Financial Services

AUGUST 29, 2024

Working as a senior benefits agent can be incredibly rewarding, yet it’s a career path often misunderstood by many. There are several myths that deter potential agents from pursuing this fulfilling profession. Agents take the time to understand each client’s unique situation, needs, and preferences.

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Policyholder Risk Agents Insurance 52

Boyle Agency Insurance

MARCH 31, 2025

We serve NJ policyholders in Bergen County where we are located, and greater New Jersey. You want to be sure the event is perfect in every way. Bogle Agency Insurance offers Wedding Insurance to help you avoid the possibility of a disaster that can ruin the day. Even with the most meticulous planning, things can go awry.

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Insurance Insurer Insured Property Damage 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. Learn more about how to help policyholders prepare for the unexpected with helpful tips. Provide a checklist so your policyholders can easily keep track of personal property.

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Policyholder Broker-Agent Personal Property Agents 40

American Agents Alliance

NOVEMBER 9, 2024

Independent P&C agents and brokers who reside and work in this region must also know how to help policyholders manage earthquake risk. Learn more about how agents can help their policyholders manage earthquake risk in this blog. Some policyholders may be unaware of the coverage gap.

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Agents Risk Broker-Agent Policyholder 40

Boyle Agency Insurance

FEBRUARY 20, 2025

Top Coverage, Top Service A Chubb Masterpiece Homeowners Insurance policy provides outstanding protection for your home as well as providing exceptional service. In addition to being covered by their excellent insurance, Chubb offers to inform policyholders of how best to prevent future losses.

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Insurance Insurer Insured Insurance Carrier 52

ProWriters

FEBRUARY 23, 2025

But these policies may not always offer the levels of protection purchasers think they do. The gray zone poses significant challenges for not only legal frameworks but also insurance policies. The exclusion is also a competitive variable for companies choosing a Cyber Insurance policy.

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Cyber Insurance Insurer Insured 53

InsuredMine

FEBRUARY 15, 2024

Today, InsuredMine’s success is driven by its capacity to improve collaboration between insurance agents and admins. It not only bridges the gap between agents and admins by leveraging simple technology and new solutions but also improves communication channels and simplifies insurance operations.

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Agents Insurance Insurer Insured 52

American Agents Alliance

JANUARY 24, 2025

In a dynamic industry like insurance, agents and brokers must keep up with changes while learning new skills and staying informed on current regulations. Learn more about how agents and brokers can create and utilize a useful professional development plan then create your own. Some seminars will include CE credit.

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Broker-Agent Broker Agents Policyholder 52

American Agents Alliance

DECEMBER 8, 2024

Driven by rapid advancements in technology, shifting risks, and increasing policyholder expectations, the industry will likely have different products and services by the time 2025 draws to a close. Innovative digital tools can streamline underwriting while improving efficiency for insurers and agents.

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Broker-Agent Agents Broker Risk 40

American Agents Alliance

OCTOBER 18, 2024

Tough insurance markets make managing the industry a challenge for independent agents and brokers. These challenging conditions call for a strategic approach focused on policyholder needs. Read on to learn more about how agents and brokers can best manage tough insurance markets.

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Agents Broker-Agent Policyholder Broker 40

American Agents Alliance

JANUARY 11, 2025

As stories of resilience and courage emerge and the fires are contained, agents and brokers provide critical insurance support for policyholders. Agents are critical in educating policyholders to help close the coverage gap and ensure those at high risk have sufficient insurance protection.

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Insurance Industry Risk Broker-Agent Policyholder 52

American Agents Alliance

NOVEMBER 17, 2024

Rising temperatures, extended periods of drought, and the increasing frequency and severity of wildfires and other severe storms are reshaping insurance coverage and policyholder needs. Learn more about the impacts of climate change on E&O exposures for P&C agents and brokers. Underinsurance and Coverage Gaps. Exclusions.

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Agents Broker-Agent Policyholder Risk 40

American Agents Alliance

NOVEMBER 15, 2024

Developing and maintaining strong, trusting carrier relationships is essential for an independent agent or broker. Collaborative partnerships with carriers improve service for policyholders, enhance an agency’s growth potential, and provide learning opportunities for agents. Proactively solve problems alongside carrier partners.

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Building Agents Broker-Agent Policyholder 40

American Agents Alliance

DECEMBER 3, 2024

Agents, brokers, carriers, vendors, and others across the insurance ecosystem regularly share content, advertise, and engage with customers on various social media platforms. But for agents and brokers, the social media E&O risks should be considered before engaging on social media. Confidentiality issues. Communication challenges.

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Broker-Agent Broker Agents Risk 40

American Agents Alliance

JANUARY 17, 2025

Policyholders are looking for more than just the best rate for their insurance coverage. Agents who position themselves as risk resilience experts can help policyholders become more educated and aware of how to improve their risk exposure and reduce the potential of losses. Conduct personalized risk assessments.

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Risk Policyholder Broker-Agent Agents 52

Leadsurance

SEPTEMBER 26, 2023

With its ability to directly reach current clients, potential leads, and past policyholders, email marketing provides a platform for personalized, timely, and relevant content delivery. For insurance agents, it offers a unique opportunity to establish trust, provide essential updates, and promote new policy offerings.

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Insurance Agent Insurance Agents Agents Insurance 52

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. Provide clear and transparent communication with policyholders. Seek feedback often.

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Broker-Agent Policyholder Agents Broker 52

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 Agents Policyholder 52

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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Agents Broker-Agent Policyholder Insurance 40

Property Insurance Centre

MARCH 19, 2024

It empowers individuals to make informed decisions about insurance coverage and understand their policy rights. By being knowledgeable about insurance products, policy terms, and coverage options, consumers can choose policies that best suit their unique needs. This guide draws on some information from America as well as the UK.

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Property Insurance Policyholder Insurance Insurer 52

Redbird Agents

NOVEMBER 1, 2023

Long wait times, unresponsive agents and lethargic insurance agencies are in their rear view mirrors. They want nothing to do with the traditional way of selling insurance policies, which typically involves an in-person meeting or two. Use customer data to fit the policy to their unique circumstances. Nobody does that anymore.

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Agents Building Policy Insurance Carrier 130

ProWriters

FEBRUARY 7, 2025

For both of these reasons, artificial intelligence is reshaping cyber security strategiesincluding Cyber Liability policies. No insurance broker or agent today can afford to ignore the presence of artificial intelligence in cyber security. By reducing false positives, it helps insurers assess actual risk exposure.

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Cyber Broker-Agent Broker Liability 53

InsuredMine

SEPTEMBER 30, 2024

Today, for insurance agencies, the road from a prospective client to a loyal policyholder can often feel like a winding journey filled with uncertainties. Regularly sending updates about policy changes, sharing valuable resources, and offering renewal reminders keeps your agency in the forefront of clients’ minds.

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Agents Insurance Agency Building Policy 80

Bankers Insurance

MAY 16, 2024

These policies can provide critical financial security as homeowners seek to protect their fiscal stability and property. The homeowners insurance market is complicated and dynamic, and many policyholders have experienced increased rates in recent years despite no changes to their coverage or claims filed. Reduce liability risks.

Home Insurance 52

Home Insurance Policyholder Insurance Insurer 52

American Agents Alliance

OCTOBER 4, 2024

Insurance customers expect a hybrid insurance experience — and agents and brokers can provide this for them. Today’s policyholders have higher expectations than ever before and they are familiar with using intuitive, advanced tech in their personal lives. Offer policyholders the option between a live consultation and a virtual one.

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Broker-Agent Policyholder Agents Insurance 40

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. Here are some trends likely to affect E&O policies: More cyber coverage will be integrated into E&O policies.

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Broker-Agent Cyber Agents Policy 40

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 40

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. Analyze performance data of the agency frequently.

Risk 40

Risk Broker-Agent Agents Policyholder 40

InsuredMine

JULY 19, 2024

Insurance agencies once focused primarily on assessing risks, underwriting policies, and managing claims. This innovative approach combines big data, machine learning, and advanced statistical techniques to forecast which policyholders are likely to discontinue their coverage. However, the landscape has shifted dramatically.

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Risk Policyholder Insurance Insurer 59