5 Ways a CAT Event Can Impact Agency Valuations
The increase in catastrophic events and higher loss ratios has the potential to significantly impact agencies’ profit sharing, revenue, carrier appointments and other valuation factors.
The increase in catastrophic events and higher loss ratios has the potential to significantly impact agencies’ profit sharing, revenue, carrier appointments and other valuation factors.
After trees fell on an insured’s roof during a windstorm, the carrier is limiting payment to remove the trees from the roof to the $1,000 sublimit under Section 1—Additional Property Coverages for Debris Removal.
If an agency uses a carrier’s property cost estimator evaluation tool to come up with a valuation on a risk, who is liable if the risk is underinsured?
Today, with virtual work, your agency could lose that tribal knowledge—information known within a group of people—unless you take coordinated steps to preserve that information.
If an agency uses a carrier’s property cost estimator evaluation tool to come up with a valuation on a risk, who is liable if the risk is underinsured?
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Don’t let gaps in insurance jeopardize your client’s operations. Find out more about this inland marine coverage.
A nonprofit wants to use a golf cart, which is not required to be licensed in the state, to travel around a university campus. Is the golf cart considered an auto or mobile equipment?
Growing your business means recruiting and retaining top talent. That means developing compensation plans that are both fair and competitive.