Articles by Andrea Wells

Andrea Wells is vice president of content for Wells Media Group Inc., overseeing coverage for its multiple print and digital platforms. She is a veteran insurance journalist with more than 20 years’ experience covering the property/casualty industry. She has won several awards from the American Society of Business Publication Editors (ASBPE), including awards for original research for her work on Insurance Journal’s annual salary survey of retail insurance agencies and its annual survey of young insurance agents. She can be reached at: awells@wellsmedia.com.

WSIA Annual Marketplace 2020: Going Virtual

As with most industries in a COVID world, the excess and surplus lines industry had to shut down its signature in-person networking event scheduled for Sept. 10-17, 2020. Instead the Wholesale & Specialty Insurance Association (WSIA) made plans to go …

Solving Risk Puzzles in a Complex World

Insurance professionals in the surplus lines sector are busy. Busy adapting to a changing business world during COVID-19. Busy adapting to a changing property/casualty market where standard lines insurers are steadfastly shedding undesirable accounts. Busy adapting to a market that …

It’s Clear Insurance Agency Data Is Valuable. Who Owns It May Not Be So Clear.

Independent agencies, like every other business, are living in a data-driven world. The value of data — including how and when it’s used and for what purpose — continues to evolve. As the value of data to agencies continues to …

Not on the Same Page

Business owners and consumers are rethinking their finances and insurance needs due to the current economic uncertainty. However, new research suggests insurance customers and their agents are not always on the same page. There could be gaps between what agents …

Constructing a Post-Pandemic Construction Market

The construction industry may emerge from the pandemic strong or relatively unscathed compared to other segments of the economy. But it also faces its share of challenges in managing exposures, delays, added costs and shutdowns in this COVID-19 world. Construction …

Congratulations Top 100 Agencies

This year marks the 16th annual publication of Insurance Journal’s Top 100 Independent Agencies special report. This year’s Top 100 welcomes eight newcomers to the list: Paramount Exclusive Insurance Services Inc.; The Liberty Company Insurance Brokers Inc.; High Street Insurance …

The Value of Agency Data and Who Owns It

Independent agencies, like every other business, are living in a data-driven world. The value of data — including how and when it’s used and for what purpose — continues to evolve. As the value of data to agencies continues to …

Pandemic Changes

The coronavirus experience has changed how most people view life and work. The biggest change is that many insurance industry pros have learned that they can do their job from home, and most, but not all, seem to enjoy that. …

The Next Wave of COVID: Agency E&O?

As many states keep watch for the “next wave” of COVID-19 infections, the insurance industry is keeping watch for the “next wave” of potential claims that could be directed at independent agents. In a recent webinar by RiskGenius, E&O in …

Working From Home During the Pandemic

While millions of people in other industries have been laid off and furloughed since anti-contagion policies and business shutdowns began in March, most property/casualty insurance professionals have been able to keep working – from home. Many insurance pros had the …