Distribution channels News

Independent Agents Seek Digital, Product Support From Carriers to Battle Direct Writers

Independent insurance agents and their carrier partners face strong headwinds in their efforts to maintain their dominance among distribution channels due to increased competition and evolving consumer expectations, according to new research. According to the J.D. Power 2020 U.S. Independent …

Nationwide’s Transition to Independent Agency Insurance Company Complete

Nationwide says the process of transitioning the company to operate as an independent insurance agency carrier is complete, effective July 1. For the past 18 months, the Columbus, Ohio-based insurer has been working on the transition. The company says more …

Nationwide ‘Express’ Portal Promises Agents Multiple Product Quotes in 2 Minutes

Nationwide is introducing Nationwide Express, a technology platform that promises agents can quote policies for auto, homeowners and renters insurance in two minutes as well as tailor coverages, bind coverage, and process payments and trailing documents quickly. Nationwide Express cuts …

Nationwide Switching to Independent Agency Distribution Model by 2020

Independent agents take note – Nationwide may be on your side. Nationwide on Monday announced its intention to shift to an independent agency distribution model over the next two years. The Columbus, Ohio-based carrier, which provides a range of insurance …