TGS

SEPTEMBER 11, 2023

TGS Insurance » Blog With hurricane season in full force, South Carolina residents living on the coast must protect their homes from the upcoming storms. Understanding how windstorm insurance works in these areas is the first step in adequately protecting your home. Why Would I Have to Get South Carolina Wind Pool Insurance?

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TGS

OCTOBER 3, 2023

TGS Insurance » Blog What Is a Homeowners Insurance Quote? A homeowners insurance quote is the proposed amount that you would pay an insurance carrier to cover your home. The quote will be based on many factors, including your home’s age, building features, location and size, as well as your insurance score.

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Property Insurance Centre

JANUARY 4, 2024

. “Insureds need to be aware of the potential risks they face and work closely with their insurers to understand the coverage limitations and take proactive measures to protect their properties.” Insurers are investing in advanced technology and data analytics to improve risk assessment and underwriting processes.

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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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InsuredMine

MARCH 26, 2024

Insurance companies recognize the imperative to invest in modern digital technologies to achieve their goals of cost reduction and revenue growth. Insurance carriers recognize the importance of investing in future-proof architecture, characterized by open APIs and low-code systems that easily integrate into broader technology ecosystems.

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Tosten Marketing

SEPTEMBER 12, 2023

It allows you to inform them about what is happening in real time in your state insurance market. Simply communicating to your customers that rates are up, underwriting is tightening, or an insurance carrier is pulling out of a state is a great way to be proactive. Aim to get 3-10 new Google reviews per month.

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ProWriters

JANUARY 3, 2024

Consequently, this compounds and drives up the average D&O Insurance premiums specific to these sectors. 2024 Outlook for D&O Premiums As 2024 approaches, the D&O Insurance market anticipates continuing from a once-volatile rate environment to more stable conditions.

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Distinguished

SEPTEMBER 25, 2024

When a project is under construction or renovation, your clients are likely not covered by their homeowner’s insurance or business insurance. Different Builder’s Risk insurance policies vary from one insurance carrier to another.  This is where Builder’s Risk becomes essential.

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Agency MVP

DECEMBER 20, 2021

Continue reading to enhance your efforts to sell P&C insurance right from the comfort of your own home. Trends in Property and Casualty Insurance Most insurance companies are making the underwriting and policy issuance process simpler and more streamlined. Overall, premiums have become less expensive as well.

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Scott Insurance

APRIL 21, 2020

Material Change in Risk Manufacturers & Distributors should prepare for the possibility of increased underwriting scrutiny. Materially modifying production and assembly lines to provide desperately needed PPE products could change risk considerations and impact an organization’s insurability.

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Majesco

APRIL 11, 2024

If we don’t get down to addressing the loss ratio — underwriting, pricing, risk selection, and claims management — for many carriers, even if they cut costs by 100%, they’re still not going to be profitable. This isn’t just because of the size of their expense ratio.

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Smart Insurance Agents

OCTOBER 16, 2024

Furthermore, most broker services are free to consumers since brokers are compensated by insurance carriers. The Role of Health Insurance Brokers in the Market Health insurance brokers play a pivotal role in the health insurance market, acting as a crucial link between consumers and insurance companies.

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Agency Revolution

AUGUST 21, 2024

Dan brings over 25 years of extensive experience and leadership expertise within the Property and Casualty insurance sector. Prior to joining Agency Revolution, Dan spent 20 years at Nationwide where he served in management roles for commercial underwriting, loss control, sales automation and technology, and business architecture.

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Agency Revolution

AUGUST 21, 2024

Dan brings over 25 years of extensive experience and leadership expertise within the Property and Casualty insurance sector. Prior to joining Agency Revolution, Dan spent 20 years at Nationwide where he served in management roles for commercial underwriting, loss control, sales automation and technology, and business architecture.

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Risk Management Monitor

AUGUST 9, 2022

In 2018, the 5 th Circuit Court of Appeals took things a step further in Certain Underwriters at Lloyd’s of London v. In that case, a hotel filed a lawsuit against its insurer for refusing to cover hail-related roof damage under a commercial property insurance policy. Lowen Valley View, L.L.C.

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