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A south Florida insurancebroker is awaiting sentencing after pleading guilty last week to a $134 million scheme that fraudulently enrolled thousands of people in Affordable Care Act health insurance plans. Dafud Iza, 54, of Pembroke Pines, signed a plea …
A federal judge on Wednesday sentenced a North Carolina insuranceagent to five years in prison for his role in a decade-long scheme that created fraudulent tax shelters and cheated the U.S. government of more than $22 million in tax …
A former Friendswood, Texas insuranceagent turned himself into authorities last week over charges that he fraudulently brokeredinsurance policies, the Friendswood Police Department announced. Edgar Peralta of Edgar Peralta with Peralta Insurance Brokerage LLC, is charged with theft, a …
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You need to know that insuranceagent burnout is, unfortunately, common. 39 percent of people in the insurance industry have reported burnout. Are you feeling overwhelmed and exhausted at work? The national average is 35 percent. However, burnout doesn't have to be part of your every day.
TikTok is more than just a platform for entertainment, it has become a prime marketplace for both sellers and buyers. Boasting 128 million downloads , TikTok is the third most downloaded app worldwide.
The movie tackles the lives of stockbrokers and also talks about the life of their partners, insuranceagents. The world of insurance selling can be overwhelming. You may find various types of personal insurance and commercial insurance policies. Is selling life insurance a good job at 20 years old?
As an insurancebroker, you can be the compass your clients need. Be the Lighthouse In the often murky waters of insurance jargon and policy complexities, your role as an insurancebroker is akin to a lighthouse. Annual open enrollment (AEP) is here. It is a task that often feels like traversing a maze.
In the world of insurance, effective communication is your key to keeping clients happy and your business booming. It's all about managing what your clients expect and quickly sorting out any bumps along the way.
Targeted Marketing Strategy: Develop a strategic marketing plan that highlights the unique aspects of your insurance book of business to attract the right insurancebrokers and potential buyers. What makes an independent insurance agency valuable to prospective buyers? How much can I sell my book of business for?
When youre just starting out as an insuranceagent, its not always obvious what your priorities should be. The post Financial Planning ABCs and Adopting Sound Business Practices to Succeed as a New InsuranceAgent appeared first on The InsuranceBroker Blog.
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Get prepared for your commercial insurance decisions by asking these 7 crucial questions to your brokers! The post 7 Questions to Ask Your Commercial InsuranceBrokers Before Signing appeared first on InsuranceAgent Near Me.
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The healthcare insurance needs of your clients constantly change based on factors such as workforce productivity and budget. The good news is there are a range of tried-and-true strategies that can help you consistently attract top-notch leads every quarter.
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She is a 35-year veteran of the insurance industry, having worked both on the carrier and general agency sides of the business. The post 9 Time Management Tips for InsuranceAgents During Peak Season appeared first on The InsuranceBroker Blog.
Choosing the right Customer Relationship Management (CRM) system is crucial for enhancing customer interactions and streamlining operations within the insurance industry. Pros : Insurance-specific features, robust automation capabilities. Cons : High starting price, may be prohibitive for smaller agencies.
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Look for customer reviews and ratings to gauge customer satisfaction and the overall reliability of the insurance provider. List of Short Term Health Insurance Illinois 1. Before purchasing a short-term health insurance plan, carefully review the policy documents, including the terms, conditions, limitations, and exclusions.
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Working with a knowledgeable insuranceagent can be highly beneficial. Agents educate small business owners about tax implications and potential savings of different health insurance options. Small business owner should gather quotes from various insurers to compare coverage and costs.
Strategy: Conduct an annual insurance review to adjust your coverage based on current property values and risks. Work with an Independent InsuranceBroker Independent insurancebrokers can shop around on your behalf to find the best coverage at the most competitive rates.
“Choosing the Right Coverage” Investors should work closely with insuranceagents or brokers to understand the available coverage options and customize policies to fit their specific needs. “Navigating the Insurance Process” The insurance process can sometimes be complex and overwhelming for investors.
Let’s explore some types of coverage you might need and why it’s essential to have insurance during your student years. It is as important as to buy coursework that you should know the reasons to meet the insuranceagent during your educational journey. Student insurance isn’t just about covering medical bills.
Hosting in-person and online events allows you to showcase your insurance expertise, share valuable tips and insights with individuals, business owners, or both, and set the stage for a long-term relationship that can lead to even more business. The options are many.
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It can also help to generate new client leads, and it can perform logistics analysis on individual insurancebrokers. This ability allows agencies to easily conduct the following tasks: Generate sales leads: Running a successful insurance company isn't just about keeping existing customers happy.
Read our related blog, Effective Goal Setting: 7 Essential Tips for Successful Health InsuranceAgents. The post Overcoming Sales Plateaus: 9 Tips to Break Through Performance Slumps appeared first on The InsuranceBroker Blog. 2: Mix up your prospecting techniques. We’re confident you can overcome any slump.
If selling insurance was so easy, then why is it that roughly 10 percent of the independent insuranceagents 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.
Health insuranceagents and brokers often seek partnerships to enhance their business capabilities. This article explores why many insurance professionals choose Word & Brown as their preferred partner. Word & Brown General Agency offers unparalleled support and resources.
It’s a good idea to use the online resources from Medicare or talk to a licensed insuranceagent. Standalone Dental Insurance for Medicare Beneficiaries For Medicare beneficiaries who want more flexibility and better dental coverage, standalone dental insurance plans can be a good choice.
By educating policyholders on the importance of documentation and providing tools to facilitate the process, insurers can help their clients protect their interests and ensure fair compensation. InsuranceAgent Advocacy Insuranceagents play a crucial role as advocates for policyholders throughout the claims process.
Here are seven proven techniques to help you close more sales as a health insuranceagent or broker. Closing Techniques in Insurance Sales to Boost Success 1. Visit our new broker web page , or contact any of our six regional offices to get started.
Read our 2024 blog post, Insurance Goal Setting: 7 Essential Tips for Success as a Health InsuranceAgent , for guidance. Every brokers priorities are different, but these nine are what we think are (or should be) high priorities for most new brokers.
Small businesses can explore plans through the Health Insurance Marketplace, where they can find a variety of coverage levels and premium costs. Department of Health and Human Services and Texas-specific insurance organizations that can provide insights into local providers.
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