Monthly Archives: <span>March 2010</span>

Aviva Exec Says Prudential/AIA Deal Creates Opportunities for Rivals

The proposed $35.5 billion takeover of AIA by Prudential Plc will offer opportunities for rival insurers to increase their market share in Asia, a top official at British insurer Aviva Plc said. “For competitors it does give some opportunities,” Simon …

Insurance and the Internet

It seems like every day we hear about the Internet and how some sort of new online social networking site or service will revolutionize the way people communicate, collaborate, or do business. With all this hype one has to wonder, …

Why Public Adjusters Are Not Enemies of Independent Agents

Here’s why working with a public adjuster can be good for an independent insurance agency and for its customers: 1. After a disaster, insureds have hundreds or even thousands of questions and worries. In a large-scale disaster, many of your …

Large Brokers Freed to Go After Contingent Commissions But Will They?

The nation’s largest insurance brokers have received the go-ahead to begin accepting contingent commissions again – but two of them say they won’t do it. Officials in New York, Illinois and Connecticut have agreed to amend agreements under which the …

New Markets

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. Outbreak Extra Expense Market Detail: American Underwriting Managers offers a product designed to provide businesses …

Taxes and Insurance Agencies

Strategies to Take for 2010 and Beyond We are all familiar with the old saying “The only thing certain are death and taxes.” From where we stand right now in 2010 it is clear that we will be taxed, however, …

Experience and Specialization Matters When It Comes to Complex Hospitality Insurance

In my view, along with a good banker, lawyer, accountant and doctor, the next trusted person for business and personal matters that one should have a long term relationship with is an insurance agent. As a business grows and wealth …

Simplified Generational Marketing for Small Agencies

Targeting the Needs of the Past, Present and Future Virtually every insurance marketing expert proclaims that to sell policies to each new generation, you must approach them differently than their predecessors. And of course, they’re right. Unfortunately, too few agencies …

E&O Insights: Personal Lines Accounts

Uncover Inland Marine Exposures for Protection and Sales Opportunities Although heavy personal lines accounts are generally more favorable from an errors and omissions (E&O) standpoint, there is no doubt the potential for some significant claim activity — both in frequency …

Strong Attitude Backed by Superior Knowledge

Top 100 Agency Profile Agency Name: Mesirow Financial Services Inc. Headquarters: Chicago, Ill. Year Founded: 1937 2008 Total Premium Volume: $1.4 billion Property/Casualty: $397.5 million Other than P/C: $1.0 billion % Commercial: 24% % Personal: 12% 2008 Revenues: $90.5 million …