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Become an Attractive Risk for Underwriters

Insurance Journal

Insurance Carriers are reducing their appetite for risk and increasing premiums. This means they are being much more selective in what they are willing to insure. This post is part of a series sponsored by TSIB. If they are going …

Risk 246
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HNW Market Update: What Went Wrong and How We Are Turning Things Around

Insurance Journal

New high net worth (HNW) insurance carriers were entering the market. Established underwriting operations had become a consistent source of profits for investors and parent companies. The year was 2016. Aging brokerage owners with sizable private client books of business …

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Pro Tips for getting insurance Carrier Appointment for a new agency

Friendly Agent

So you have taken your insurance exam and got a license to sell insurance. Now, you want to start selling insurance? Before you do, you need to get an insurance carrier appointment. What is an insurance carrier appointment? How to get a direct insurance carrier appointment as a new agent?

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How Insurance Carriers Use Crime Scores to Assess Risk in the Affordable Housing Industry

Scott Insurance

Many insurance carriers use third-party crime scores to evaluate their exposure to criminal risk when underwriting general liability insurance policies. The post How Insurance Carriers Use Crime Scores to Assess Risk in the Affordable Housing Industry appeared first on Scott Insurance.

Crime 52
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How to Find the Best IMO for Your Insurance Agency

Redbird Agents

Navigating the insurance landscape can be challenging for insurance agency owners. From understanding various acronyms and abbreviations like IMO, FMO, and MGA, to managing relationships with insurance carriers, there is a lot to consider. Frequently Asked Questions What is an IMO in insurance? Yes, I need an IMO!

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Agency Revolution Welcomes Dan Goodwin as New VP of Enterprise Sales

Agency Revolution

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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Affordable Housing Insurance Challenges: Understanding the Market

Scott Insurance

Causes of the challenging property insurance market include: Higher rates of inflation and construction costs which are driving significant replacement cost increases. Uneven investment profits causing insurers to pursue underwriting profit, which translates to stricter underwriting criteria and declined submissions.