September 23, 2008
While independent agents have their favorite carriers for certain risks, on occasion they end up choosing a carrier other than their preferred carrier. Most often the reason they do is pricing. Independent agents named customer price as the leading factor …
September 22, 2008
Phone interaction is not the way millennials (the 80 million potential insurance customers born between 1981 and 2000) prefer to contact their insurance provider. According to a survey by Insurity and Microsoft Corp., millennials rank the following technologies as important: …
September 22, 2008
Make Your Next Agency Brochure a Portal to Your Web Site Since the advent of the commercial Web site, agency brochures just aren’t as important as they used to be. Yet, they are still essential business tools. A good brochure …
September 22, 2008
Branding through Blogging and Beyond Real time technology is giving agencies immediate access to carrier information on their clients, allowing agencies to quickly and efficiently transact quotes, billing inquiries, endorsements, loss runs, policy views, and information requests with a single …
September 22, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Insurance Intermediary E&O Market Detail: Quadrant Insurance Managers makes available a professional liability program designed …
September 22, 2008
U.S. reinsurers reported a deteriorating combined ratio for the first-half 2008, compared to the first-half 2007 while net premiums were up over the same time period. The Reinsurance Association of America (RAA) released reinsurance underwriting results for the six months …
September 22, 2008
Whether you’ve been in the insurance agency business a long time or just getting started, utilizing social media tools can be an effective way to boost sales. Think about it. You already spend most of your time developing relationships and …
September 22, 2008
As Losses Mount for Insurers, More Proposals for a National Solution Emerge Neither Gustav nor Ike walloped the property/casualty insurance industry the way Katrina did but there is still concern in insurance and reinsurance circles over the cumulative effect of …
September 22, 2008
Taxpayers In At Least 20 States Could Face Multi-Billion Dollar Tax Burden Natural catastrophe legislation passed by the U.S. House of Representatives and pending in the U.S. Senate would create a multi-billion dollar burden on taxpayers in at least 20 …
September 22, 2008
Understanding and Planning for Exporters’ Risks While Cargo Is In Transit In the world of foreign trade, making the sale is only half the battle. Once the sale is completed, the arduous process of getting the merchandise from the seller …