In every commercial insurance transaction, there is a buyer and a seller working towards the common goal of protection for a risk. Too often this transaction is flawed. Here’s some reasons why.
Subrogation, recovering sustained damages from a negligent party, is an often-overlooked service to secure customer retention and reduce risk. Here are three ways to help clients maximize their subrogation recoveries.
While hard market conditions continue within the trucking industry, clients continue to shop around for better rates. Here are three ways to assist clients in getting the best rate and coverage to meet their needs.
“I’m starting to see more people buy these special event policies for even regular parties,” says independent agent Phillip Lewis. “I think consumers today have more of a mindset that they don’t want to be responsible for any exposure from an event, even
Clients may look to reduce coverage with product liability market pricing expected to continue hardening in 2021. Here are four coverages agents should consider offering to ensure their clients are adequately insured.
Agents should continue demonstrating high levels of agility and work with carriers to help commercial clients through the unique challenges this year will bring. Here are three ways to set your commercial clients up for success.
A pool contractor is insured on a commercial general liability occurrence form and is selling the business. If they cancel the CGL and a claim arises in 2021 but the pool was built in 2020, would the 2020 policy respond?
The independent agency channel is at an inflection point, and future-minded agencies will choose to evolve. Here are four key pillars agencies should look to when creating a transformation action plan.
Growth rates for surplus lines insurers have averaged 8.8% over the past five years. In contrast, the total property-casualty market grew at a rate of 4.7%. And surplus lines growth appears to be accelerating.
Access to the right marketing can be the difference between reaching your target audience and missing the mark altogether. Here are three key elements to developing a marketing plan.
