Maintaining, improving and enhancing your website can feel like a full-time job for independent agents, who already wear many hats in their businesses. That’s why the Big “I” has an array of resources to help.
Many owners think that having a perpetuation plan is something that only older agency owners need to worry about, but the reality is that every agency owner needs to have a plan in place.
Insurance carrier ratings provide insights into the financial strength, stability and reputation of insurers and help you when recommending coverage options to your clients.
In 2023, Isler received the InsurPac Young Agent of the Year award for helping AIIA win its first InsurPac Eagle Award. In 2024, she received the national Young Agent of the Year Award for leadership in her local and state associations.
Following a brief lull in tropical activity in the wake of Hurricane Ernesto, the conditions are now primed for a series of back-to-back storms over the next few weeks in the Atlantic.
Nancy Germond, Big “I” executive director of risk management and education, is a second-generation insurance professional who has written scores of risk-management articles and a book on workers compensation.
An agency is considering adding language to its agent of record (AOR) letter advising that the agency is not responsible for any deficiencies that exist in the coverage until it has a reasonable chance to review the coverages.
The increase in catastrophic events and higher loss ratios has the potential to significantly impact agencies’ profit sharing, revenue, carrier appointments and other valuation factors.
While preventing every cancellation is impossible, a well-executed process can save clients and retain more business.
As agency managers strive to perpetuate their agency, here are key areas to focus training and administrative efforts to reduce errors & omissions exposures.
