Majesco

FEBRUARY 27, 2025

It’s a tragedy, because the people that need term life products or individual disability or cancer and accident policies are typically the people that have the least availability to get to them. Right now, they’re just given a report, and they are either denied…or their policy isn’t renewed.

Insurance Industry 74

Insurance Industry Insurer Insurance Insured 74

Insurance Journal

AUGUST 6, 2024

In the insurance industry, the term “termination” can refer to a few different things. First, there are policy terminations. These occur when an insurance policy runs its course and the … This post is part of a series sponsored by AgentSync.

Insurance Carrier 240

Insurance Carrier Insurer Insurance Insured 240

Insurance Journal

NOVEMBER 17, 2024

The insurance industry is in the midst of a digital revolution, with artificial intelligence (AI) at the heart of it. From streamlining claims processing to creating personalized policies, AI has quickly become a vital tool for insurers striving to stay …

Insurance Industry 255

Insurance Industry Insurer Insurance Insured 255

Insurance Journal

NOVEMBER 3, 2024

According to insurance industry ratings firm AM Best, the policy counts of personal and commercial property Fair Access … State-sponsored residual property markets have seen in influx of risks come in since 2018, with some states growing by more than 200%.

Policy 130

Policy Commercial Property Commercial Insurance Industry 130

Redbird Agents

SEPTEMBER 4, 2024

Choosing the right Customer Relationship Management (CRM) system is crucial for enhancing customer interactions and streamlining operations within the insurance industry. Better Agency Core Features : Specifically designed for insurance agencies, focusing on policy management and renewal tracking.

Insurance Industry 130

Insurance Industry Insurer Insurance Insured 130

Prof. Allan Manning

FEBRUARY 24, 2023

A number of pre loss services are also provided by the LMI Group, including Business Interruption Sum Insured Reviews, Policy Drafting, Insurance Program Reviews, Risk Surveys, and Risk Engineering Services along with Business Continuity Management Services, and Cyber Security Reviews.

Insurance Industry 130

Insurance Industry Business Interruption Claim Insurer 130

Redbird Agents

FEBRUARY 4, 2025

For insurance agents, managing chargebacks and financial obligations responsibly is a crucial part of building a successful career. One of the most significant consequences of unpaid debt in the insurance industry is being reported to Vector Onea reporting agency that tracks outstanding producer debt. What is Vector One?

Agents 130

Agents Insurance Agent Insurance Agents Insurance Companies 130

Insurance Journal

APRIL 6, 2025

Maine has approved the insurance industry’s filing that will lower workers’ compensation insurance loss costs an average of 9.6%. The lower loss costs will go into effect for new and renewing policies as of April 1, 2025. According to Superintendent …

Workers Compensation 147

Workers Compensation Compensation Insurance Industry Policy 147

Neilson Marketing Services

DECEMBER 5, 2024

Why SEO Matters More Than Ever for Insurance Agencies SEO has always been the backbone of online visibility, but for insurance agencies, it’s more than just a tool — it’s a lifeline. In fact, according to McKinsey & Company research , customers expect seamless digital experiences from insurers.

Insurance Industry 93

Insurance Industry Insurer Insurance Insured 93

Redbird Agents

FEBRUARY 3, 2025

A Final Expense FMO is essentially a wholesaler in the insurance industry. They act as intermediaries between insurance carriers and independent agents, helping agents get contracted with top final expense insurance companies like Mutual of Omaha, Royal Neighbors, Transamerica, and others. What Is a Final Expense FMO?

Agents 130

Agents Insurance Carrier Life Insurance Building 130

Redbird Agents

FEBRUARY 3, 2025

One of the most common mistakes I see in the final expense insurance industry is agents trying to diversify too soon, before they have developed real competence in final expense sales. Imagine youre out in the field selling final expense insurance. A client asks if you can also help them with their auto or health insurance.

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Agents Building Insurance Agent Insurance Agents 130

Zywave

FEBRUARY 25, 2025

And many consumers suspect that the insurance company has plucked numbers out of the air to price a policy, with rates seeming to fluctuate arbitrarily. But with the help of AI, insurance is poised to change its reputation. But sorting through enormous amounts of data is time-consuming and error prone.

Insurer 52

Insurer Insurance Insured Broker 52

Wren Insurance Agency

JANUARY 22, 2025

It's hard to imagine the enormous impact this tragic event will have on the state's insurance industry. And while this is positive news, we feel it's important to understand what your home insurance does (and doesn't) cover when it comes to fire damage.

Home Insurance 65

Home Insurance Insurer Insurance Insured 65

Prof. Allan Manning

FEBRUARY 24, 2024

Today marks LMI Group’s quarter century of service to the insurance industry and wider communities. May 2000: First manual Policy Comparisons developed. May 2002: First of now 17 books on insurance and risk management launched. June 2006: Policy Drafting and proof reading services commence.

Business Interruption 130

Business Interruption Claim Policy Insurance Industry 130

Tosten Marketing

APRIL 3, 2025

Power reveals that 74% of insurance shoppers use insurer websites or apps when purchasing a policy. policy renewal reminders or birthday greetings) These digital strategies have helped numerous insurance agencies achieve significant increases in lead generation and client retention. A study by J.D.

Insurance Agency 52

Insurance Agency Insurer Insurance Insured 52

American Agents Alliance

JANUARY 11, 2025

Agents are critical in educating policyholders to help close the coverage gap and ensure those at high risk have sufficient insurance protection. Here are some steps to bridging the insurance gap: Conduct regular policy reviews to ensure coverage aligns with the current rebuilding costs and property values.

Insurance Industry 52

Insurance Industry Risk Broker-Agent Policyholder 52

Triple-I: Business Insurance

OCTOBER 1, 2024

Another way the insurance industry would be affected is from losses from coverage protecting against adverse business costs of events, such as strikes. These coverages include, but are not limited to, business interruption, political risk, credit, supply-chain insurance, and some marine and cargo.

Insurance Industry 52

Insurance Industry Business Interruption Commercial Property Commercial 52

Redbird Agents

JULY 18, 2024

When it comes to buying insurance of any type, there are a myriad of choices and variables you must wade through to find the policy that works best for you. That’s no different when it comes to final expense insurance, with dozens of options major insurers offer.

Insurer 130

Insurer Insurance Insured Policy 130

Zywave

APRIL 11, 2025

In the rapidly evolving insurance industry, APIs are becoming indispensable tools for agencies looking to streamline their workflows, incorporate data, improve efficiency, and deliver superior customer experiences. Zywaves APIs can serve many industries outside of the insurance agency. Learn more about Zywave APIs.

Broker-Agent 52

Broker-Agent Broker Agents Cyber 52

Tosten Marketing

FEBRUARY 27, 2025

Commercial property insurance covers several types of water damage, but understanding the specifics is vital. Many business owners find themselves surprised by what their policies do and don’t cover. Sudden and Accidental Water Damage Most commercial property insurance policies cover sudden and accidental water damage.

Commercial Property 52

Commercial Property Property Insurance Damage Commercial 52

American Agents Alliance

APRIL 3, 2025

Rising expenses could perhaps cause higher insured values, leading to policy adjustments and higher premiums. Tariffs can also drive up inflation in the overall economy, increasing labor costs across industries. Many policyholders do not realize the connection between tariffs and insurance costs. Become a member today!

Agents 52

Agents Policyholder Premium Auto Insurance 52

InsuredMine

APRIL 16, 2024

This prevents insurers from truly understanding customer needs, offering products and services, and delivering an efficient omnichannel experience. The regulations governing the insurance industry have also grown more complex over time.

Insurance Industry 52

Insurance Industry Insurer Insurance Insured 52

Final Expense Brokerage

AUGUST 5, 2024

In the insurance industry, first impressions are crucial. This could be in the form of weekly emails or calls to update them on the progress of their policy applications and any additional information required. Step 6: Final Review and Policy Delivery Once the policy is approved, schedule a final review session.

Policy 130

Policy Building Agents Insurance Industry 130

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 Insurance Insured 53

Final Expense Brokerage

MAY 15, 2024

These commissions are the earnings that insurance agents receive for selling insurance policies to clients. As an insurance agent, understanding the basics of how commissions work is essential for maximizing your earnings. Agents who excel in these metrics may be eligible for additional commission bonuses.

Insurance Agent 100

Insurance Agent Insurance Agents Agents Insurer 100

Redbird Agents

SEPTEMBER 13, 2024

Standardize Procedures: Document every process within your agency, from client onboarding to policy renewals. A CRM helps track client interactions and policy renewals, ensuring smoother operations. Consider Market Conditions: Stay aware of current market trends in the Medicare insurance industry.

Broker-Agent 240

Broker-Agent Broker Agents Insurance Carrier 240

Rough Notes

MARCH 4, 2025

The current interpretation of the McCarran-Ferguson Act is only a specter of the laws original intent The belief that McCarran-Ferguson is just an antitrust exemption for the insurance industry is just another clever humbug. By Kevin P. Hennosy March 9, 2025, is the 80th anniversary of the passage of the McCarran-Ferguson Act.

Insurance Industry 52

Insurance Industry Insurer Insurance Insured 52

Protect Commercial Insurance

OCTOBER 11, 2024

Introduction Climate change isn’t just an environmental buzzword; it’s rapidly becoming a pivotal factor in the world of insurance, especially for commercial properties. As we face more frequent and intense extreme weather events, insurers are re-evaluating their policies to better manage these growing risks.

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Commercial Property Commercial Insurance Policy Policy 52

Final Expense Brokerage

JUNE 30, 2024

Establishing Credibility and Connection One of the keys to handling objections as an insurance agent is establishing credibility and connection with your potential customers. Emphasize the peace of mind and protection that the insurance can provide. By building trust and rapport, you can overcome objections more effectively.

Insurance Agent 130

Insurance Agent Insurance Agents Agents Insurer 130

Final Expense Brokerage

MAY 10, 2024

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. Once you pass the exam, you can apply for your life insurance agent license.

Life Insurance 100

Life Insurance Insurance Agent Insurance Agents Agents 100

Tosten Marketing

MARCH 3, 2025

Let’s explore how to craft content that captures attention and drives engagement in the insurance industry. How to Create Engaging Insurance Content for Social Media Blend Industry News with Practical Advice To attract and retain followers, your insurance agency’s social media channels must offer compelling content.

Insurance Agency 52

Insurance Agency Insurer Insurance Insured 52

Rough Notes

MARCH 4, 2025

INSURANCE-RELATEDCOURTCASESDigested from case reports published onlineCOURT DECISIONS Must insurer pay for resulting loss exception? The Gardens Condominium purchased an all-risk policy from Farmers Insurance Exchange in 2002. This version of the policy was in place from October 2002 to October 2004.

Insurer 52

Insurer Insurance Insured Policy 52

Final Expense Brokerage

APRIL 11, 2024

Introduction: Choosing the right Independent Marketing Organization (IMO) is crucial for success in the life insurance industry. In this article, we'll delve into the factors that life insurance agents should bear in mind when deciding on an IMO partnership.

Life Insurance 130

Life Insurance Insurance Agent Insurance Agents Agents 130

Rough Notes

FEBRUARY 4, 2025

INSURANCE-RELATEDCOURTCASESDigested from case reports published onlineCOURT DECISIONS A classical gas Patterson-UTI Energy, Inc., and its affiliates (collectively, Patterson) provide oil and gas equipment and services, and purchase insurance to cover potential costs that arise from incidents during drilling operations.

Policy 52

Policy Insurer Insurance Insured 52

Triple-I: Homeowners Insurance

FEBRUARY 13, 2025

Sean Kevelighan, Triple-I CEO, says understanding how these trends drive up costs and identifying policy levers for tort reform legislation can ultimately bring positive outcomes for Georgias economy and its consumers and business owners.

Commercial General Liability 89

Commercial General Liability Commercial Umbrella Claim Liability 89

Rough Notes

FEBRUARY 4, 2025

INSURANCE-RELATEDCOURTCASES Digested from case reports published online COURT DECISIONS Landslide triggers dispute BrunoBuilt, Inc., In 2015, after contracting with the Dempseys, BrunoBuilt added the Dempsey project to its Tailored Protection Policy (TPP). With the assistance of […]

Building 52

Building Protection Policy Insurer 52

Final Expense Brokerage

APRIL 3, 2024

Strategies for Email Marketing: Email marketing remains one of the most efficient methods for insurance agents to cultivate leads and convert prospects into loyal clients. This enables agents to deliver pertinent content, like policy updates, educational materials, and promotional deals directly to their audience's email inbox.

Insurance Agent 130

Insurance Agent Insurance Agents Agents Insurer 130