Magazine

Regardless of your tenure, size, market, niche, staffing or any other descriptor, this conflict is real and the way you approach it defines your organization.

In 2021, the Great Reopening brought with it a return of the auto errors & omissions claim. Swiss Re received 183 of them last year and 2022 is on track to surpass it.

In these challenging times, it’s especially important to take exquisite care of your existing customers. Here are seven things every customer-facing person needs to know.

After launching in April 2022, Mikayla Cooper’s decision to go solo is already proving to be profitable. “Now my goal has shifted to expanding my business,” she says. “It’s going to take time and hard work, but as long as you keep pushing, it’ll work.”

Despite the good news in the D&O market, uncertainty remains as the economy faces a period of higher inflation and a possible recession, which could lead to an increase in D&O claims.

Here are four potential issues that can occur during the colder months and how agents can help clients be better prepared.

As capacity returns and rate increases decelerate, D&O market conditions have improved. However, agents need to remain diligent.

The personal and commercial property insurance market faces supply chain disruptions, inflation and an increase in extreme weather impacting clients’ builders risk coverage.

The updated supplemental health insurance policies offer greater benefits when an insured person experiences the challenges of extra costs that occur from a covered event.

Through the use of alternative building materials as well as technology, new trends in the construction industry offer options for agents to provide the best path forward.