The way our industry and the persona of an insurance agent is portrayed by the public. I find the amount of inefficient methods for quoting and maintaining policies to be lazy and agitating. Constantly having to deliver bad news as …
The Wimbledon tennis tournament had the foresight to buy around £1.5 million (US$1.9 million) per year in pandemic insurance following the SARS outbreak in 2003, said GlobalData in a recent bulletin. Paying out roughly £25.5 million (US$31.7 million) in premiums …
A new study makes the case that entrepreneurship isn’t just for the young, or for men. From Steve Jobs to Mark Zuckerberg, the stories of prosperous, young innovators drive the American economic narrative. However, the truth is that older business …
Developing young talent to become successful young agents is not easy. Chris Burand, president of Burand & Associates, an insurance agency consulting firm, estimates that the new producer failure rate is as high as 70% to 80%. Other estimates have …
With cyberattacks on the rise and many small businesses unaware of the dangers, independent insurance agents are in a good position to educate clients about their risks, recommend preventative measures, and provide protection with a cyber insurance policy. Recent statistics …
While the insurance industry offers many of the attributes upcoming graduates and young professionals seek in a career, it is often overlooked. According to one study, only 7% of Generation Z considers itself very familiar with insurance. This number has …
Compared to others, the property/casualty insurance industry is weathering the coronavirus crisis rather well. Property/casualty insurance is the least-impacted industry by the coronavirus pandemic, at least so far, according to an analysis from S&P Global Market Intelligence. S&P compiled its …
Sometimes an article needs an introduction to put the subject in context for the reader. Sadly, no introduction is needed for the coronavirus. It will have affected everyone who reads this. Some will have suffered physically. A larger group will …
One challenge that agents face during this pandemic has been ignored: high stress levels, not just from housebound, income-challenged clients but also from agency staff working from home. I have heard many stories from agents: quiet neighbors suddenly given to …
Hands on the Wheel “There is nothing on your screen that is worth your life or the life of another.” — Colonel Christopher S. Mason, superintendent of the Massachusetts State Police, said in a press release regarding the state’s new …
