5 Key Challenges Facing the Equine Industry
As the equine industry continues to thrive through increased horse ownership and an expanding equestrian sports market, agents can offer the benefit of their knowledge of equine-related risks.

As the equine industry continues to thrive through increased horse ownership and an expanding equestrian sports market, agents can offer the benefit of their knowledge of equine-related risks.
The landlord, the tenant and the general contractor mistakenly believe the contractor’s additional insured endorsements are triggered by the lease agreement.
“The accessibility of buying insurance online is becoming so great that the convenience of doing insurance without an agent is an issue that will probably come up a lot more,” says young agent Megan Kempf. “I think it’s creating problems for people who sh
“It meant everything to me to know that I had mentors who believed in me and told me that I could achieve whatever I wanted to do, as long as I was taking the right steps,” says young agent Nnamdi Anene.
With the current record high valuation levels—and if the Federal Reserve lowers interest rates—deal activity is about to accelerate, so buckle your seatbelt.
From inadequate coverage to unexpected costs and lawsuits, the risks of misclassification are real and can have a lasting impact.
“There is a growing focus on sustainability and green building practices in the construction industry, which can impact insurance requirements and the coverage needed,” says independent agent Jase Riggs.
Understanding the reasons behind the significant growth in the equine industry can present numerous opportunities for agents.
“Every other week it’s someone posting on social media that insurance is a scam,” says young agent Jason Guerrera. “I think it’s incumbent upon us as agents and brokers to provide education and let people know, “Hey, this is why your auto premiums are inc
“In our agency, we have owners in different generations, and sometimes it can be challenging but oftentimes it’s such a blessing,” says young agent Kristi Sizemore. “Hearing everyone’s different views and perspectives is so important.”