Hartford Financial Services Group Inc. Chief Executive Officer Christopher Swift was named to the additional post of chairman in a transition that occurred earlier than the insurer had initially planned. Swift, 53, replaces former CEO Liam McGee, 60, as chairman, …
Regardless of whether the market is hard or soft, for agencies to be successful will typically require that they have an active, ongoing relationship with at least a couple of excess and surplus lines (E&S) wholesalers. The E&S industry has …
It’s a brand new year. Hopefully last year’s numbers were where you wanted them to be: solid growth, increased revenue and expenses under control. But for those agencies that didn’t add to their book, there’s always an excuse or six. …
As insurers look to 2015, they need to be aware of the evolving exposures within their clients’ professions to help avoid professional liability claims. The following is a list of five top areas of concern that we are advising CPA …
Entrepreneurial organizations go through stages of growth, says the chief executive of one of the world’s largest wholesale insurance and reinsurance brokerages. Toby Esser, CEO of Cooper Gay Swett & Crawford (CGSC), says his company went through many transitions in …
It’s time to get out the crystal ball to think about what trends might help or hurt the agency in the coming year. By being proactive and strategic, agencies could stay ahead of the competition. And if today’s trends can …
The most common insurance policy for small businesses is the Business Owners Policy (BOP). Small- to medium-sized businesses must meet certain criteria to be eligible for a BOP. Eligibility factors often include the number of employees and size of the …
Insurers were busy trying to stay ahead of the curve when it comes to creating products for the top markets in 2014, and they don’t seem to be slowing down this year either. Read on to find out what some …
Independent insurance agents’ strengths in customer service and risk management could be challenged by changing consumer behaviors, new technologies and the evolving competitive landscape, according to a new report by Accenture. The report is based on a survey of more …
The massive Sony Corp. breach that occurred at the end of 2014 has been a huge example of the far reaching and costly effects a breach can have — and not just to businesses. Greg Schaefer, president and founder of …
