Top Insurance Blogs

MARCH 12, 2024

What could be the key challenges facing the insurance sector? The insurance industry has long been considered a cornerstone of financial stability, providing individuals and businesses with protection against unforeseen risks. Are there ways AI and technology can help us tackle these problems?

Insurance Industry 52

Insurance Industry Insurance Insurer Insured 52

Tosten Marketing

FEBRUARY 27, 2025

Commercial property insurance water damage coverage is a complex topic with many nuances. This blog post will explore what types of water damage are typically covered, common exclusions, and additional coverage options to consider for comprehensive protection. What Water Damage Does Commercial Property Insurance Cover?

Commercial Property 52

Commercial Property Property Insurance Damage Commercial 52

LexisNexis

SEPTEMBER 17, 2024

With autonomous vehicles or AVs slowly gaining market share and the technology rapidly advancing, this is becoming an increasingly urgent question for insurance companies. Indeed, AV technology could upend the very foundations of the car insurance industry. First, some basics.

Auto Insurance 97

Auto Insurance Insurance Insurer Insured 97

ProWriters

FEBRUARY 23, 2025

As war is driving cyber security concerns around the globe, more organizations are turning to Cyber Insurance for protection. But these policies may not always offer the levels of protection purchasers think they do. Cyber Insurance war exclusions can leave businesses vulnerable to financial loss.

Cyber 53

Cyber Insurer Insured Insurance 53

Frankenmuth Insurance

JUNE 20, 2024

These high ratings represent Best’s assessment of Frankenmuth Insurance Company and its property and casualty insurance subsidiaries: Ansur America Insurance Company, ASure Worldwide Insurance Company, Fortuity Insurance Company, and Patriot Insurance Company.

Casualty Insurance 52

Casualty Insurance Insurance Companies Policyholder Life Insurance 52

Final Expense Brokerage

MAY 10, 2024

Discover the steps to kickstart your career in this rewarding industry. Share: Understanding the Role of a Life Insurance Agent As a life insurance agent, your primary role is to help individuals and families protect their financial future by providing them with suitable life insurance policies.

Life Insurance 100

Life Insurance Insurance Agents Insurance Agent Agents 100

Jackson & Jackson

AUGUST 16, 2024

This guide aims to shed light on the basics of homeowners insurance, the challenges specific to California’s insurance market, the reasons why finding coverage is more challenging now, tips for homeowners to navigate these obstacles, and a glimpse into the future of homeowners insurance in the state.

Insurance 52

Insurance Insurer Insured Risk 52

Friendly Agent

SEPTEMBER 21, 2020

The movie tackles the lives of stockbrokers and also talks about the life of their partners, insurance agents. The world of insurance selling can be overwhelming. Then, you will have to submit your licensing application and go through a background check before you qualify as a licensed insurance agent.

Insurance Agents 130

Insurance Agents Insurance Agent Agents Broker-Agent 130

InsuredMine

JULY 19, 2024

In this context, understanding why customers might leave and taking preemptive steps to prevent churn has become a strategic imperative for insurance companies. The Importance of Customer Retention The importance of customer retention in the insurance industry cannot be overstated.

Risk 59

Risk Policyholder Insurer Insured 59

InsuredMine

MARCH 12, 2024

Amidst this turmoil, legacy players in the insurance industry are the ones who will stand out, armed with the digitization experience and infrastructure necessary to not only weather the storm but also seize new opportunities. This blog will explore the five biggest threats faced by insurance agencies.

Insurance Agency 52

Insurance Agency Broker-Agent Cyber Agents 52

Bankers Insurance

MAY 16, 2024

TIPS FOR BUYING HOME INSURANCE For millions of Americans, home insurance remains an essential financial safeguard. These policies can provide critical financial security as homeowners seek to protect their fiscal stability and property. billion each.

Home Insurance 52

Home Insurance Policyholder Insurance Insurer 52

Protect Commercial Insurance

SEPTEMBER 13, 2024

Understanding the Role of Insurance Brokers Insurance brokers operate as intermediaries between clients and insurance companies. Their primary role is to offer professional guidance and services to their clients, ensuring they obtain the most suitable and cost-effective insurance coverage.

Commercial Insurance 52

Commercial Insurance Broker Commercial Broker-Agent 52

Protect Commercial Insurance

DECEMBER 6, 2024

The notion of business coverage can be traced back to medieval times, when the shipping industry first implemented rudimentary forms of risk management. Merchants banded together, creating mutual aid agreements to protect against the perilous nature of sea voyages.

Commercial Insurance 52

Commercial Insurance Commercial Insurance Insurer 52

Property Insurance Centre

JANUARY 4, 2024

Emerging Property Insurance Trends 2024 Welcome to our guide on emerging trends in the property insurance industry. As we dive into the evolving landscape of property insurance, it’s important to stay informed about the latest trends and challenges affecting the market. Hurricane Harvey 2017 92.0

Property Insurance 52

Property Insurance Commercial Property Liability Insurance 52

Protect Commercial Insurance

OCTOBER 11, 2024

These impacts not only affect the day-to-day operations of companies but also play a crucial role in shaping the insurance policies designed to protect these properties. The financial implications of such events are enormous and insurers certainly take notice. Here’s how these changes are playing out.

Commercial Property 52

Commercial Property Commercial Insurance Policy Policy 52

Freeway Insurance

NOVEMBER 24, 2024

When you peek into car insurance history, youll find a time when auto coverage didnt even exist. Weve come a long way since the days when you could roll up and buy a Model T without a license and then drive around without protection. Soon after, companies started offering auto coverage to help protect drivers.

Auto Insurance 52

Auto Insurance Insurer Insured Insurance 52

Property Insurance Centre

MARCH 19, 2024

It empowers individuals to make informed decisions about insurance coverage and understand their policy rights. Consumer education ensures that individuals are prepared and protected with the proper insurance coverage and are knowledgeable about the claims process. Vulnerable to falling victim to fraudulent activities.

Property Insurance 52

Property Insurance Policyholder Insurance Insurer 52

Majesco

MAY 23, 2024

Insurance company profit margin results right now are like trying to keep water in a leaking bucket. Can insurers fill the bucket with the right premiums as fast as claims pour out potential profits? Their research found positive correlations between the different resilience indices and their new Insurance Digitalization Index.

Risk 40

Risk Underwriter Underwriting Insurance 40

Constant Contact

JULY 15, 2024

Buy insurance for your insurance agency. It may sound ironic, but you will need insurance to protect your insurance agency. Liability insurance and errors and omissions insurance are both common choices for insurance companies.

Insurer 95

Insurer Insured Insurance Insurance Agency 95

Triple-I: Workers Compensation

APRIL 4, 2022

By Max Dorfman, Research Writer The coronavirus pandemic and the financial challenges it presents have fueled growth in captive insurance – a form of self-insurance in which one or more entities establish their own insurance company. They also may insure the risks of organizations other than their major owners.

Workers Compensation 40

Workers Compensation Insurer Insured Insurance 40

Peter J. Fournier

MAY 25, 2021

Because it’s an average, it includes both the best insurance agents and those who are just beginning their careers or are working part time, only putting in a few hours a week. Those who are experienced in the life insurance industry will earn $100,000 per year , but many earn well above that. This is nearly double the average.

Life Insurance 52

Life Insurance Insurance Agent Insurance Agents Agents 52

Majesco

OCTOBER 10, 2024

How can we create new business operating models and apply new technologies in ways that will simultaneously protect our insureds and protect our organizations? Insurers, however, may have to change their stance on their own ability to take risks. The future is bright, but is it innovative enough? Not going to ITC?

Risk 40

Risk Auto Insurance Premium Underwriter 40

Majesco

JULY 25, 2024

For the full picture, be sure to read the Majesco Thought Leadership report, Realignment in Insurance: Legacy Core Impact. ii] AI and Generative AI in insurance, for example, significantly accelerates digitization for insurers. Advanced analytics, particularly AI/ML, NLP, and GenAI are poised to be a game-changer for insurance.

Insurer 40

Insurer Insured Insurance Underwriter 40

Majesco

MAY 9, 2024

We see the same approach with some insurance companies that are standing still. The insurance industry’s core business model that includes premiums, claims, reserves, and capital is not changing. How will this impact insurance business models? It seems strange and completely counterintuitive.

Insurer 40

Insurer Insured Insurance Risk 40

Agency MVP

DECEMBER 20, 2021

For instance, if the agent is selling car insurance and they notice the client lives in a more urban area, they could potentially assume the client uses street parking; and make this a point for them to purchase a more extensive protection plan. The key to finding hirable agents within the community is to keep your eyes and ears open.

Insurance Agent 52

Insurance Agent Insurance Agents Agents Insurer 52

Agency MVP

DECEMBER 13, 2021

Clients do not want to be confused, they come to you for explanations, not a lesson on the insurance industry. Downside: they can only sell products from one company. Independent agents do not work for any specific company, but can choose from all possible options that the insurance market offers.

Insurance Agents 52

Insurance Agents Insurance Agent Agents Insurer 52

Redbird Agents

JUNE 14, 2024

Unless you’re securities licensed and registered with FINRA, you cannot market your services as financial planning as fixed and indexed annuities are insurance products. Agent’s falsifying as financial planners is a common problem in the insurance industry, make sure you are working within all your compliance guidelines.

License 130

License Life Insurance Agents Premium 130

Redbird Agents

JULY 9, 2024

It’s a common misconception that becoming an insurance agent is an easy path to success. Statistics from the insurance industry reveal a different story. Roughly 10 percent of independent insurance agents generate the vast majority of insurance sales, leaving many to question the viability of this career path.

Insurance Agents 130

Insurance Agents Insurance Agent Agents Broker-Agent 130

Agency Revolution

APRIL 22, 2024

If you were a firefighter, you wouldn’t want your protective suit made by any company that could stitch together a jacket and pants. You’re leveraging your rapport with insurance company reps, including account managers, claims specialists, sales teams, and underwriters. Specialists understand your business better.

Insurance Industry 52

Insurance Industry Underwriter Underwriting Insurance Agency 52

InsuredMine

FEBRUARY 2, 2024

I have spent the last couple of months meeting leaders from the Insurtech space as well as traditional insurance companies and here are some of my quick learnings about India Insurance trends in 2024. Wellness programs, disease prevention initiatives, and integration with wearable devices are becoming commonplace.

Insurance 52

Insurance Insurer Insured Policy 52

Leadsurance

JULY 14, 2023

With the increasing demand for insurance services, starting an insurance agent business allows you to connect with more clients, increasing your chances of generating more revenue. There are several steps involved when starting an insurance agent business. Simply put, an LLC provides a layer of protection for your properties.

Insurance Agent 52

Insurance Agent Insurance Agents Agents Insurance Agency 52

Bankers Insurance

JULY 8, 2024

In most cases, the deductible requires the insured to pay about 10 percent of any loss. Most insurance companies offer comprehensive policies for international employers in which K&R is only part of the package. Additionally, the U.S.

Insurance 52

Insurance Insurer Insured Workers Compensation 52

Word & Brown

JANUARY 23, 2025

If only I had known what was ahead when I got into the health insurance industry in the early 2000s. million Americans were without health insurance. million, lacked insurance in mid-2024. The ACA protects people with pre-existing health conditions. 1: Declining uninsured individuals. of Americans, or 25.3

Out-Of-Pocket 52

Out-Of-Pocket Insurance Insurer Insured 52

Redbird Agents

APRIL 3, 2025

This is about you and your teams opportunity to grow your production, improve your profitability, and adapt your agency to thrive in a new era of the life insurance industry. What Were the Key Trends in Life Insurance for 2024? What Were the Key Trends in Life Insurance for 2024? billion (up 17% from Q3) 2024 Total: $4.64

Life Insurance 130

Life Insurance Premium Insurer Insured 130