Features

Insurance CEO Takes Fight for Nonprofit Coverage to Congress

Pamela Davis, president, founder and CEO for the Nonprofits Insurance Alliance (NIA), is on a mission to help nonprofits be successful at their mission by ensuring insurance is affordable and available. She started the Nonprofit Insurance Alliance in 1988. Today …

Insurtech Investments and Valuations Soar Even As Some Startups Fail Fast

Insurtech investments reached an historic high in 2019 but last year also capped a three-year period where a good number of insurtech startups called it quits. According to a new briefing on the sector from Willis Towers Watson, dozens of …

Private Equity Still Driving Agency M&As

Digital Buys Getting Some Attention; Buyers Getting Bigger; Prices Going Higher; Eyes on Digital The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory in 2019. As many as two-thirds of all deals …

The Nonprofit World at a Glance

The nearly 1.6 million tax-exempt entities with 501(c) designations in the United States run the gamut from churches and cultural centers to food banks and homeless shelters to disaster relief organizations, and they can be national, statewide and local in …

How Brokers Stay Relevant? Be Nimble With Your Value Props

Commercial brokers, the future is bright. As you contend with an increasingly automated, digitally-enhanced insurance industry, rest assured your expertise remains valuable for your clients. That is, if you can adapt to their differing needs. And that’s not always easy. …

New Year’s Resolution: Helping Policyholders Get in Shape for the New Year

As individuals, one way that we resolve to get in shape for the new year is by signing up for gym memberships and fitness classes. In that spirit, agents and brokers should resolve to help their policyholders get their facilities …

California Insurance Wholesalers Look at Gig Economy Law

A sweeping California gig economy law was the focus of a lot of the talk this year during an annual insurance wholesalers conference. Assembly Bill 5, California’s gig worker law was signed by Gov. Gavin Newsom in September and effective …

3 Ways to Build a Culture that Embraces New Thinking

The same advice is given to all newer generations entering the workforce, “Be yourself, disrupt the status quo,” but meanwhile, corporations fight that mentality — clinging to status quo, trapping employees in layers of standardization. How can leaders confront marketplace …

What About Your Exposure?

As an insurance agent or broker, you have, above all else, a singular mission: to make certain insureds are adequately covered against exposure to loss or, at the very least, to help clients understand their liabilities and how they can …

Logic & Language, Forms & Facts: The Unimpeachable Case of the Word ‘Are’

Last year, I wrote a 12-part series of Insurance Journal columns based on my book “When Words Collide: Resolving Insurance Coverage and Claims Disputes” where I shared the principles and practices I’ve applied over the past 30-plus years in resolving …

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