While it is true that the number of transactions has declined, it’s easy to draw some incorrect conclusions about the current state of the independent insurance agency mergers & acquisition market.
By: Carey Wallace The most valuable asset in every agency is people. And there is no question that the insurance industry is based on relationships, and the best way to have strong relationships is to have quality people representing your brand, serving your customers and shaping the culture of your agency. Agencies that create a…
A strategic leadership transition represents a healthy change that’s essential to any company’s success.
After graduating high school and college, Maldonado took a job in car sales. The role opened her eyes to insurance, and after working in an agency for several years, Maldonado co-founded an agency in 2019.
By: Volume: 120, Issue: 8
In the first of a three-part series, The National Council on Compensation Insurance explored several carrier perspectives on the latest trends in safety technology in the workplace.
The hard market, inflation and a host of other factors are making it increasingly difficult to accurately determine replacement cost for commercial property insurance.
People often think change is expensive. But what about the cost of staying the same? When your business doesn’t invest in process improvements, including modern technology and automation, you run the risk of paying the price in the long run.
As carriers, InsurTechs and agencies drive more digitalization across the policy lifecycle, small commercial insurance is starting to look and feel more like personal lines.
Most insurance carriers offer to bundle two policies, but others offer true package policies. Although bundled and package policies seem similar on the surface, they are different.
