Word & Brown

NOVEMBER 22, 2024

Some health insurance carriers and administrators are closed on Thanksgiving alone, while others are closed on the following Friday, too. The post Finding the Right Balance: Sales and Holiday Schedules appeared first on The Insurance Broker Blog. (From 1863 to 1940, Thanksgiving was on the last Thursday of November.)

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Word & Brown

NOVEMBER 12, 2024

An FMO provides insurance brokers with support and connects them with a roster of insurance carriers – offering a range of products and services. The post Where Can a Broker Get Insurance Marketing Assistance? Another option is to align yourself with a Field Marketing Organization (FMO).

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Ease

FEBRUARY 21, 2023

21, 2023 – Ease®, a leading HR and benefits software solution for small- and medium-sized businesses (SMBs), insurance brokers, and insurance carriers, today released the 2023 SMB Benefits and Employee Insights Report. More than 2,300 agencies trust Ease to help them and their clients grow. million+ employees.

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AMAXX

JULY 15, 2024

As a result, the workers’ compensation insurance carrier decides not to pay for the treatment until they determine the claim’s compensability. Simultaneously, because the injury was reported as work-related, John’s group health insurance also refuses to cover the treatment. All state laws vary.

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Word & Brown

SEPTEMBER 25, 2024

For those that were, insurers upheld the denial in 59% of cases. Nevertheless, as a health insurance broker, you may be called upon by an Individual & Family Plan (IFP) customer, an employee enrolled in an employer-sponsored health plan, or an employer client acting on behalf of themselves or an employee concerning a claims appeal.

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ProWriters

JANUARY 3, 2024

The trajectory of average D&O Insurance premiums has been a critical barometer for Cyber Insurance brokers keen on gauging the market’s pulse. After a tumultuous 2021 , the horizon seemed promising as brokers witnessed a stabilization of D&O pricing in 2022.

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Word & Brown

NOVEMBER 7, 2024

For example, ask about their current insurance plan (if any) and any issues they have encountered while covered under that plan. It’s important you create a connection with your customers, so they believe you are working for them – not for yourself and not for the insurance carriers.

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Risk Management Monitor

AUGUST 30, 2021

Do not wait until the hurricane is coming to evaluate or modify coverage, as this is like trying to insure a burning building, and insurance carriers will be bombarded with requests. Most claims require you to immediately notify the carrier of damage and provide the documented “proof of loss” within a specific time frame.

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AMAXX

JULY 9, 2024

Evaluation of all these defenses requires cooperation and coordination between the insurance carrier, employer, defense experts, and legal counsel. You should consult with your insurance broker, attorney, or qualified professional. Now is the time to consider these when defending these troublesome claims.

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Friendly Agent

SEPTEMBER 21, 2020

How do you make money as an insurance agent? The insurance broker is able to earn money from commissions when they start selling insurance products to customers. How to get appointed by an Insurance Carrier? Once you are able to get license and become an insurance agent you may want to start your own agency.

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Redbird Agents

JULY 9, 2024

Pick you product: Choose which type of insurance you’re going to focus on. home insurance, life insurance, healthcare such as Medicare or under 65 health insurance from the ACA marketplace, etc.) Get Contracts: Secure contracts with insurance carriers using a brokerage, FMO or directly with the carriers.

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Property Insurance Centre

JANUARY 4, 2024

Inflation and rising costs are major drivers of increased insurance expenses for property owners. To ensure adequate coverage, property owners should stay informed about the latest trends and collaborate closely with their insurance brokers to navigate the evolving property insurance landscape.

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Healthinsurance.org

JUNE 20, 2024

16 If you buy your own health insurance, through the Marketplace or directly through an insurer, access to plan that will cover you and your domestic partner on the same policy will depend on where you live and the health plan’s rules. An insurance carrier may ask for a domestic partnership affidavit. 30, 2022

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Healthinsurance.org

APRIL 30, 2024

Washington DC’s year-over-year enrollment growth was only 0.2%, 16 and six states – Alaska, California, Hawaii, Nevada, Oregon, and Wyoming – had enrollment growth under 10%. 19 But the rest of the country saw double-digit enrollment growth, including a staggering 80.2%

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