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While D&O rates are expected to increase through 2021 the trends are definitely encouraging, unless you’re going public through an initial public offering (IPO) or a special purpose acquisition company (SPAC).

How can you more strategically use digital tools in your agency? Four independent agents share their tips for unlocking the power of digital.

Insurance needs to embrace brand authenticity to win the trust and loyalty of customers across all demographics. Here are three ways to activate your brand.

The industry’s biggest challenge is “the mystery that comes with insurance,” says Patience Noah, independent agent. “We need to help younger generations become interested, because let’s be honest, we need to prepare the next generation.”

Leaning into technology “was a saving grace during the pandemic,” says Matthew Washburn, independent agent. “I don’t even know how we could have managed without that preparation.”

The agent submitted an application for professional liability, but was told by the underwriter that saunas and float tanks are operations hazards and therefore do not have professional liability exposure.

Agencies can improve producer success by focusing on technical training, specialization and mentoring.

The coronavirus pandemic, catastrophic weather events and other market pressures continue to exacerbate market challenges across all commercial property-casualty lines of business, with rate increases of 25% to 50% in cyber insurance.

The product offers motorcycle coverage for touring bikes, cruisers, sport bikes, scooters, motorcycle cargo, transport trailers and more.

While the market remains extremely soft with ample capacity and positive growth projections through 2027, things may not be as rosy as they seem.