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.

Property Insurance 52

Property Insurance Commercial Property Liability Insurer 52

Protect Commercial Insurance

SEPTEMBER 6, 2024

Businesses should also look out for more robust risk assessment tools provided by insurers, helping them identify vulnerabilities and strengthen their cyber defences. Climate Change and Environmental Liability Environmental risks are no longer concerns reserved solely for industries like manufacturing or oil and gas.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Insurer 52

Bankers Insurance

MAY 16, 2024

As insurance companies leave certain markets or refuse to issue policies to certain properties, homeowners may be forced to seek more expensive options, such as state-supported insurers. Even among typical homeowners policies, premiums likely increased year over year. Reduce liability risks. Adjust coverage.

Home Insurance 52

Home Insurance Policyholder Insurer Insurance 52

American Agents Alliance

FEBRUARY 7, 2025

One of the most challenging and unpredictable issues facing the insurance industry lately is social inflation. This trend describes the phenomenon of unexpected rising insurance claim costs because of societal trends and views toward litigation.

Broker-Agent 52

Broker-Agent Risk Policyholder Agents 52

Protect Commercial Insurance

DECEMBER 6, 2024

This era gave rise to specialised insurance products, covering factories, railways, and an expanding workforce. By the 20th century, the insurance industry began to reflect broader societal shifts. Climate Change and Environmental Liability Climate change represents another significant risk for businesses in 2025.

Commercial Insurance 52

Commercial Insurance Commercial Insurer Insurance 52

Property Insurance Centre

OCTOBER 18, 2024

The insurance industry has had to adjust premiums to reflect this growing risk. By mid-2024, the average cost of home insurance had risen by 19% compared to 2023, with flood-prone areas facing even steeper increases​ CityAM.

Property Insurance 52

Property Insurance Premium Insurer Insurance 52

Freeway Insurance

NOVEMBER 24, 2024

However, insurance as we know is actually a somewhat recent innovation. In the Middle Ages, skilled workers would have some financial support through their guild to help pay for any accidents or issuesmuch like the general or professional liability plans of today. The Newest Innovation in Car Insurance Since 1897?

Auto Insurance 52

Auto Insurance Insurer Insurance Insured 52

Protect Commercial Insurance

SEPTEMBER 13, 2024

This impartial approach allows them to access a wide array of policies from various insurers, ensuring that businesses can choose from a broad range of options. Expertise and Industry Knowledge One of the significant advantages of using a broker is their extensive knowledge of the insurance industry.

Commercial Insurance 52

Commercial Insurance Broker Commercial Broker-Agent 52

Jackson & Jackson

MAY 22, 2024

. “Understanding Multi-Family Property Insurance” Commercial property insurance is a vital safeguard for property owners, protecting their assets against various risks. It covers property damage, loss of income, liability claims, etc. Every property is unique, with different risks and potential exposures.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurer 52

American Agents Alliance

MARCH 3, 2025

AI has rapidly transformed the insurance industry and more changes will continue as the technology and use cases mature. New efficient processes and workflows for underwriting, claims, policy administration, billing, and customer service have been implemented across the industry.

Broker-Agent 52

Broker-Agent Broker Agents Risk 52

Jackson & Jackson

AUGUST 16, 2024

What is Homeowners Insurance? Homeowners insurance is a crucial financial safety net for homeowners, providing protection in the event of property damage, loss of personal belongings, or liability for injuries that occur on the premises.

Insurer 52

Insurer Insurance Insured Risk 52

Triple-I: Business Insurance

APRIL 4, 2024

Since some laws assign liability for notification to organizations owning the leaked data, the notification chain would stop there, leaving downstream stakeholders unaware. The increased risk and rising financial losses from cyber risk likely drive growth for the cyber insurance market, which tripled in volume in the last five years.

Financial Loss 52

Financial Loss Cyber Crime Risk 52

Leadsurance

JANUARY 26, 2024

This versatility makes interactive content a valuable tool in any digital marketing strategy, catering to a wide range of industries and purposes. Insurance agents can ascertain their specific insurance needs by designing quizzes that ask pertinent questions about clients’ lifestyles, assets, and risk factors.

Insurance Agent 52

Insurance Agent Insurance Agents Agents Life Insurance 52

American Agents Alliance

SEPTEMBER 26, 2024

According to AM Best , the surety industry in the United States reported direct written premiums totaling $9.3 For example, if you already provide general liability insurance to a construction company, adding surety bonds to your product mix is a logical next step.

Agents 40

Agents Insurance Agent Insurance Agents General Liability 40

Property Insurance Centre

MARCH 19, 2024

The Importance of Consumer Education Consumer education is a critical aspect of making informed decisions regarding insurance coverage and navigating the complexities of the insurance industry. By gaining insurance knowledge , individuals can protect their property effectively and avoid falling victim to insurance scams.

Property Insurance 52

Property Insurance Policyholder Insurer Insurance 52

Friendly Agent

DECEMBER 3, 2020

In fact i’ll argue that the best way to get into an insurance agency business is by working part time initially. Also by working as a side hustle you can start gaining experience in the insurance industry and figure out if it is right for you or not. Successful agencies have 90% + retention rate.

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Insurance Agent Insurance Agents Agents Insurance Carrier 130

Redbird Agents

JUNE 14, 2024

FIA Accumulation Highlights : Review premium requirements, fixed rates, withdrawals and more! Fixed Annuity Highlights : Inform your customers on current yields, first year bonus rates, minimum premiums and more! There are 3 common types of annuities that life insurance agents sell. Download Current Annuity Rates Now!

Life Insurance 130

Life Insurance License Agents Premium 130

Risk Management Monitor

OCTOBER 25, 2022

With high unemployment and higher costs, this also poses a risk to employment practices liability (EPL) insurers. A strong EPL policy and relationship with insurance carrier and broker can help during this time where unemployment may swing back the other way. Both impact the bottom line.

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Risk Insurer Insurance Insured 40