“A common misconception is that agriculture is a slow-to-adapt industry, which couldn’t be further from reality,” says independent agent Luke Sandrock. “We service many clients that operate with small margins and who are constantly analyzing and innovatin
Here are five types of bonds that many agents miss out on writing, plus how to find opportunities to offer them.
With the right carrier partners, agents can meet clients’ needs with the bonding assistance they may have previously shied away from offering.
There are myriad of issues that can lead to a claim against accountants and E&O coverage provides the necessary protection.
“Be a student of the industry,” says independent agent Rodney Yates Jr. “If you don’t continue to learn, adapt and evolve, you will be left behind.”
“Rising claim costs have led to rate increases around the country,” says independent agent Kyle Fox. “This is due to both the increased cost of manufacturing complex parts and the technical specialization needed to service and repair them.”
The coronavirus pandemic played a dramatic role in the acceleration of technology in companies, leading underwriters to scrutinize businesses’ exposures and the safeguards they have in place.
“Directors & officers insurance is the only policy that can adequately protect board actions,” says independent agent William Simons. “The decisions and actions board members take are their personal responsibility.”
“If you’re not selling your client cyber insurance right now, someone else in your office really needs to be having that conversation,” says independent agent John Higdon. “Agents need to understand their clients, their point-of-sale system and their soft
“Not all EPLI policies are created equal,” says independent agent Christopher Paradiso. “It is so very important that we can educate our clients to make sure we are helping them make the best decision with the right carrier.”