williamjones

The life settlement industry has come a long way over the last few decades. Adding life settlements to the list of options allows agents to offer a broader range of services to clients.

“Don’t just provide hotel owners a quote on insurance. They aren’t risk experts,” says independent agent Mike Barnum. “Help them identify their largest exposures and what can be done to minimize them outside of insurance.”

When considering the two elements of the special events insurance market—property-casualty and contingency—there’s been a real variance in how the market has been impacted.

“I’m seeing more and more women out there [in the insurance industry], just in our own little city alone,” says Sarah Black, co-owner of her independent agency with daughter Jessica Black. “When I first came here over 20 years ago, this was a man’s job. A

Independent agent data ownership is a settled matter. However, in today’s environment, it is important to review your contract language.

By: Volume: 118, Issue: 3

Professional services firms are walking a tightrope between opportunity and ruin, which means errors & omissions coverage is essential.

When life gives you lemons, independent agents and brokers errors & omissions coverage is a key contributor to the longevity of an agency—but only if the policy is covering the right exposures.

Write Once, Read Many (WORM) refers to a format of saving digital files in a way that makes them non-rewritable and non-erasable.

With all the business challenges that the pandemic unleashed in 2020, many independent agency principals and their clients are not aware of the three important pieces of legislation enacted over the past 15 months.