This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Nonresident surplus lines brokers working in Alabama, like their in-state brethren, must secure a $50,000 fidelity bond to be licensed in the state, starting Jan. The Alabama Department of Insurance posted the bulletin last week. A form is available …
One person in Texas and four people in Florida, including a previously licensed insurance broker, face insurance fraud charges in separate schemes, local and federal authorities said Wednesday. In Hialeah, Florida, three people were arrested at a medical clinic for …
Two years after it was founded, Hamburgs Marine Alliance is growing through the acquisition of a majority stake in London-based insurance broker Speedwell, who will join the current partnership of Marine Assekuranz and Fram Insurance Brokers.
This edition of Interational People Moves details appointments at the brokers Price Forbes and WTW. A summary of these new hires follows here. Price Forbes Bermuda Promotes Kelley to CEO Price Forbes Bermuda announced the promotion of Carrie Kelley to …
Falling out of compliance can have real consequences for everyone from insurance agencies, carriers, MGAs, and MGUs, to individual producers, adjusters, and dually licensedbroker-dealers. Insurance compliance is serious business.
Falling out of compliance can have real consequences for everyone from insurance agencies, carriers, MGAs, and MGUs, to individual producers, adjusters, and dually licensedbroker-dealers. Insurance compliance is serious business.
Registration and Training for Marketplace Agents and Brokers Plan year 2025 Marketplace registration and training is now available for new and returning agents and brokers on the Marketplace Learning Management System (MLMS). New agents and brokers can take Individual Marketplace training through the MLMS or the HHS-approved vendor(s).
Article Key Points: Insurance distribution involves various entities like agents, IMOs, FMOs, brokers, aggregators, MGAs, and MGUs. Carriers appoint licensed agents to sell products, but the process varies based on … This post is part of a series sponsored by AgentSync.
Everything Insurance Agents Need to Know About the National Producer Number (NPN) If you’re an insurance agent, broker, or adjuster, your National Producer Number (NPN) is a critical identifier in your professional journey. This makes it easier for you to track your license status and maintain compliance.
Word & Brown (W&B) stands out as a General Agency partner that goes the extra mile with training and educational services that truly set brokers up for success. All of these courses offer Continuing Education (CE) Credits to California brokers. Our health insurance courses cover everything you need to know.
Could you start by describing the most common housing violations in Philadelphia that property owners and brokers should be aware of? The L&I Property History Tool is very useful, providing details on permits, licenses, violations, and appeals linked to a specific address. One major area is structural and maintenance issues.
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. Beyond sales, the life of an insurance broker includes service to customers after the sale related to claims, administration, and annual renewal.
Getting a license in the state you want to sell the product in Before you are able to offer or sell insurance products, you cannot call yourself an agent if you don’t have the license. As with every business owner or health worker, a license is required. Most folks choose to take their insurance pre-license course online.
With this drastic funding reduction, more consumers will likely turn to licensed insurance agents and brokers to navigate their coverage choices. In previous years, studies have shown that Navigators were significantly more involved in Medicaid and CHIP enrollments compared to brokers. What Do Navigators Do?
Review Compliance: Ensure your agency is fully compliant with all regulatory requirements, including licensing and certifications. An experienced business broker and CPA can help guide you through the process, ensuring you get the best deal. Business Broker: A broker can help you find the right buyer and navigate negotiations.
Obviously, your first priority is earning your license. Your license type depends on the answers to those questions. California offers more than 30 types of insurance license classes issued by the Producer Licensing Bureau in the Department of Insurance. Nevada has 15+ license types. What do you want to sell?
Mike McCoy is a marketing specialist with one of the largest broker agencies in the United States, with over 10,000 licensed agents. Read the comments from one of our loyal subscribers about Relationship Building located on our testimonial page.
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.
A broker for medical insurance can simplify the process. In this article, we’ll explain the benefits of using a broker, how to find a reliable one, and key questions you should ask. This guidance is particularly valuable as brokers have a legal obligation in many states to assist clients in finding the most appropriate insurance plans.
After you earn your license, pick your market niche, and set up your office, what else can you do to put yourself on a path to success. Most insurance carriers doing business in California and Nevada offer broker training and other broker resources. Consider these priorities: Review or create a personal financial plan.
To do this, you can check the Association of Real Estate License Law Officials (ARELLO)’s page. Take a Course A pre-licensing course is required before you earn a license. Take this course in an accredited real estate licensing school. To get a license, you have to get a passing score in both sections.
Get Your Health Insurance License Complete AHIP Certification Get Errors & Omissions Insurance (E&O Insurance) Contract with a Medicare Wholesaler (FMO) Getting Contracted and Appointed with Multiple Medicare Companies Complete Your Annual Carrier Medicare Certifications Buy leads and start selling Retaining your Medicare customers.
Insurance broker success depends on many things. For almost 40 years, weve been helping brokers differentiate themselves from their competitors. Thats why so many California and Nevada brokers choose us as their preferred General Agency partner.
Agent and Broker Administrative Actions and Sanctions: Reporting Requirements Analyze the obligation of licensed insurance producers to report adverse actions against them to insurance department licensing authorities and how to comply with such reporting obligations.
The Scope of Appointment is a document that outlines the specific topics and types of information that a Medicare sales agent or broker intends to discuss with a Medicare beneficiary during a face-to-face or telephone appointment. The agent's or broker's name and contact information. When is an SOA Required? Date of the appointment.
Also, the injury coordinator should know whether your NCM is an RN or a Licensed Practical Nurse (LPN). You should consult with your insurance broker, attorney, or qualified professional. You should be charged less for an LPN or an NCM with less experience or fewer credentials. Require the NCM to provide frequent updates.
Why Brokers Partner with a General Agency? Brokers today more than at any time previously face multiple challenges. Among them are staying on top of changing compliance rules and regulations at the state and federal levels, and helping you earn your required Continuing Education (CE) Credits to maintain your state license(s).
One of the reasons so many brokers choose Word & Brown as their General Agency partner is so they can take advantage of the streamlined sales processes offered by our broker support teams. The post Streamline Your Sales Processes With Help from Word & Brown’s Broker Support Teams appeared first on The Insurance Broker Blog.
Every licensed insurance broker has a Continuing Education (CE) Credit requirement to maintain a resident license – and, in many cases, a non-resident license. In California, non-residents licensees can be renewed or granted a new license if they have met the education requirements of their home state.
What role can insurance brokers play in managing these challenges for their clients? Insurance brokers are key in bridging the gap between property maintenance and insurance coverage. Rising habitability claims and increased litigation have further shaped insurers policies, making the proactive role of brokers more important than ever.
In New York City, housing code violations challenge property owners, tenants, and insurance brokers alike. What role can insurance brokers play in managing these challenges for their clients? Insurance brokers are vital in bridging the gap between compliance and coverage.
Many insurance agents need to find their NPN number for licensing, renewals, or appointments. The NPN is a unique identifier assigned to insurance agents, brokers, and other licensed producers by the National Insurance Producer Registry (NIPR). The good news? Its super easy to look up your NPN online. What Is an NPN?
Understanding these violationsfrom heating failures to structural hazardsis essential for insurance brokers advising property owners. What role can insurance brokers play in managing these challenges for their clients? Insurance brokers are pivotal in this arena.
What role can insurance brokers play in managing these challenges for their clients? Insurance brokers play a crucial role by helping property owners understand which housing violations may impact their insurance and guiding them through timely repairs.
As cyber insurers move upmarket, they are increasingly encountering prospects that either already have or are considering purchasing an enterprise software license like the Microsoft E5 license. Enterprise software licenses can provide extensive security functionality, but the implications of this for insurers are multifaceted.
Potential New Income According to information from the National Contracting Center (NCC) , a Medicare-focused Field Marketing Organization (FMO), commissions on Medicare Supplement, Medicare Advantage, and Plan D Rx plans can help brokers build a lasting source of income.
At the end of the day, you’re an agent for that broker and you need to make sure whatever you plan to do works with their plans. I changed brokers four times because I was learning real estate, figuring out what I needed, and of course dealing with some other things in my life. And that’s okay.
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.”
Content on the website is limited primarily to final expense insurance products No local offices you can visit if you prefer to meet someone face-to-face Not open on the weekends About Choice Mutual Choice Mutual is an independent insurance agency licensed in all 50 states founded in 2014 by CEO Anthony Martin.
To determine the best short term health insurance plan for your specific needs, it is advisable to consult with insurance brokers or seek guidance from licensed insurance professionals who can provide personalized recommendations based on your unique circumstances. List of Short Term Health Insurance Illinois 1. UnitedHealthcare 2.
NABIP represents and provides professional development opportunities for more than 100,000 licensed health insurance agents, brokers, general agents, consultants, and benefit professionals through more than 200 chapters across America. Newest Blog Posts | All Blog Posts For agent use only.
The story was first reported in early April 2024 by Julie Appleby, and CMS subsequently released a statement, acknowledging the problem and noting that the agency is “ taking swift actions to protect consumers from unauthorized activity by agents and brokers.” 2 HealthCare.gov policyholders at risk So what’s going on here?
We had an insured recently where we were at the max 24 months when the broker requested a three-month extension. For example, our Builders Risk program is 100% online, meaning a licensed agent can submit and bind online for qualifying risks. Susan holds both CIC and CPL licenses and is based in New Jersey.
What works for one broker may not work for another. As a licensed group benefits specialist, you could target individuals with a message near the entrance to a major office park or a building with employers of assorted sizes. As we have noted, what works for one broker may not be right for another. Other services go for less.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content