Independent insurance agents and brokers dominate the commercial property & casualty market—an 88% market share, according to the 2022 Big “I” Market Share Report—which makes the employee benefits space a new frontier for many agencies.
Critical illness insurance can help agents smooth revenue lost from long-term care insurance sales and help to meet the challenges of today’s aging population.
Private equity (PE) buyers are responsible for 77% of the publicly reported acquisitions in the independent agency system. However, there are some prevalent misperceptions about PE buyers.
Inadequate limits are an all-too-common claim in independent insurance agency E&O. And with inflation today outstripping even the inflation guards inserted on some policies, these claims are becoming more frequent.
As large language models continue to be finessed, the insurance industry has a lot to gain from utilizing artificial intelligence programs like ChatGPT.
What is your firm’s culture? It might include a compelling value proposition or describe how you provide the best service or have cutting-edge technology. But what about your sales culture?
As a self-described tech geek, R. Dean Giem has served as past chairman of NetVU’s executive board of directors and on AUGIE Group’s executive council.
One of the latest trends is retail consumption lounges, and agents should keep up to date with evolving regulation.
The product provides an admitted general liability and excess coverage solution for hard-to-place risks.
Most real estate projects require builders risk insurance, both during the course of new construction and when remodeling.
