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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.
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.
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 large language models continue to be finessed, the insurance industry has a lot to gain from utilizing artificial intelligence programs like ChatGPT.
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.
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.
The June issue is out now!