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While cybercrime is a growing concern among small business owners and managers, few small businesses are aware of the need for cyber liability coverage.

The drive to find more affordable coverage was amplified during 2020 as many consumers looked to trim expenses. This has stabilized in 2021 with a return to pre-pandemic trends in shopping and claims.

This strategy helps producers collaborate with prospects by providing them insights with the goal of helping them make better, more informed decisions.

For an agent looking to enter the environmental insurance market, here are four tips to ensure you provide the coverage your client needs.

“It’s important to keep in mind that the contract wording varies from insurer to insurer,” says independent agent Bob Reynolds. “As a largely nonstandard line of coverage, the terms and conditions can vary widely.”

With today’s technology enhancements, writing life insurance can help drive additional revenue from your current book of clients or create new opportunities altogether.

Coverage written on a claims-made basis require key employees to report any incidences that qualify as or may lead to a claim.

“Organizations are increasingly willing to capture the data and hold leaders accountable for making real change,” says Beth Riczko, president, property-casualty personal lines, Nationwide. “Data—and the discussion and action it engenders—is the light that

Do property-casualty insurers really buy insurance from other insurers? Yes, they do—$700 million of it. Could one be your next client?

In a world where the top five global risks identified by the 2020 World Economic Forum are environment-related, increased exposures and liabilities are setting the market up for a complete evolution.