My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Specialty Transportation Program-Waste Haulers Market Detail: Transportation Insurance Services LLC has an admitted market focused on commercial auto and general liability …
There are endless ways to grow your agency. Yet today, pretty much all you hear about is using social media and establishing a strong mobile presence. These biggies are essential weapons in your agency’s arsenal, but they can cast a …
According to analysts, technologists, aggregators and others, the independent agency system is in trouble. Somebody forget to tell independent agents. Or more to the point, the doomsayers perhaps didn’t notice that independent agencies have been adapting and getting more into …
There’s a very simple formula for getting whatever you want for your agency. This is so simple it seems trivial and few people follow it. But if these steps are followed, agency owners can create anything they want in the …
Insurance Journal reported on more than 200 deals involving agencies’ or brokerages’ mergers and acquisitions in 2014. Activity was busiest in the first and fourth quarters, with more than 60 announcements each. Among the noteworthy transactions were Wells Fargo selling …
It is estimated that 40 percent of high-value homes are underinsured. Often, homeowners will only hold enough insurance to cover their mortgage or the sale price of the home, and not enough to rebuild in the event of a total …
The past two years did not result in the amount of wildfire activity that many wildfire scientists, foresters and fire responders had expected. Looking back, the 2013 season had the earmarks of a bad year, with the continued U.S. drought …
Afterthought “We had this spurt in the auto age where we built these enormous arterials. We built them very wide. We designed them to speed the movement of cars. Pedestrians were a bit of an afterthought.” —Polly Trottenberg, New York …
Looking for the next great business concept? Searching for a breakthrough idea in workplace processes? Your organization is not alone. According to a study conducted by The Conference Board, promoting innovation is the top challenge companies are facing. With today’s …
While most agents are aware that mergers and acquisitions are hot topics in the world of insurance agencies, insurance is not the only segment of our industry affected. In many communities, hospitals, accounting firms, real estate firms and law firms …
