Remove Broker-Agent Remove Insurance Companies Remove Policyholder
article thumbnail

Best Practices for Digital Claims Management for Agents and Brokers

American Agents Alliance

Every part of the insurance lifecycle is changing in the digital age, including the handling of claims. 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.

article thumbnail

How to Not Suck at Being an Insurance Agent

Redbird Agents

If selling insurance was so easy, then why is it that roughly 10 percent of the independent insurance agents generate the vast majority of the sales? Are all independent agents good salespeople? The odds of succeeding selling insurance are against you, so listen up and let’s see if we can help you beat the odds.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Prepare for the Unexpected — How to Help Policyholders With Disaster Planning

American Agents Alliance

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.

article thumbnail

The Rising Cost of Litigation — Social Inflation and E&O Risk

American Agents Alliance

Social inflation and E&O risks are connected as agents must manage policyholder expectations even as claims costs rise, premiums remain high, and denials are issued for claims policyholders expected to be covered. This could lead to an E&O claim as policyholders are disappointed in claims outcomes.

article thumbnail

What Your Clients Must Know About Cyber Insurance War Exclusions

ProWriters

Given the increasing prevalence of cyber attacks in war, this ambiguity in Cyber Insurance “act of war” clauses has become a major concern. It creates potential for legal disputes and challenges when determining whether policyholders are covered in the event of a cyber incident that could be construed as an act of cyber warfare.

Cyber 53
article thumbnail

Short Term Health Insurance Illinois

Smart Insurance Agents

Reputation and Customer Reviews: Research the reputation of the insurance companies offering short term health insurance plans. Look for customer reviews and ratings to gauge customer satisfaction and the overall reliability of the insurance provider. Agile Health Insurance 5. Companion Life Insurance Company 7.

article thumbnail

Building Bridges — A Guide to Strengthening Carrier Relationships For Agents

American Agents Alliance

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.