It is a new era for our country, with President Donald Trump coming into power with the theme to “Make America Great Again.” Perhaps it is also the time to do the same for agency planning. Are there things in …
With nearly 400,000 employees expected to retire from the insurance industry workforce within the next few years, according to the U.S. Bureau of Labor Statistics, it’s incumbent on carriers to consider the ways in which they communicate with and recruit …
Tow truck drivers operate in a dangerous world. Every day they face angry drivers while repossessing vehicles, dangerous driving and road conditions, near misses while operating heavy equipment, and close calls on U.S. freeways while hitching up wrecked vehicles. These …
Nonprofit organizations come in all shapes and sizes. They are a loyal bunch, often sticking with their valued agents and brokers for years, say two insurance specialists. Sheila Shaw, senior vice president, and Brad Storey, vice president, risk management, both …
A panel of financial experts discussed the opportunities and challenges they see ahead in 2017 at the Insurance Information Institute’s (III) 21st Annual Property and Casualty Insurance Joint Industry Forum. The general sense across the board during the financial experts …
Merger & acquisition activity in the insurance distribution space continued at an industrious pace throughout 2016, with 443 closed transactions. This was down from 456 in 2015, but still higher than previous years on record (most recently 322 in 2014, …
An Objective Review “The report will not be punitive in nature. It is an objective review so that we can look back and learn from it and apply that learning to other programs in our agency.” — Great Smoky Mountains …
The following information from InsuranceJournal.com and other sources reflects only transactions reported publicly. One of the most active recent acquirers of agencies and brokerages is Michigan-based Acrisure. The firm, bought by Gen star Capital in 2013, bought up more than …
Eight out of 10 U.S. consumers have a home data network and more than one-third of them connect entertainment systems, gaming consoles and other smart devices to the Internet. According to a survey from The Hartford Steam Boiler Inspection and …
Almost three-quarters of global insurers believe their sector has failed to show leadership in digital innovation and an increasing number now regard investment and acquisitions in digitalization a priority to improve distribution, according to a survey by Willis Towers Watson. …
