Independent Agency System News

Look Who Is Betting on the Agency System

According to some pundits, buyers should all be online and the agency system should be dead by now. However, it appears not everyone got that memo. Here are some recent examples of companies, techies and investors betting on agents and …

Google Invests in Insurance Agency Software Firm Applied Systems

Giant Google’s investment arm has purchased a minority stake in Applied Systems, a provider of insurance technology and cloud-based software for independent agencies. The investment in Applied Systems is being made through CapitalG, the growth equity investment fund of Google’s …

New ACT Website Seeks to Help Agents Improve Customer Buying Experience

The Agents Council for Technology (ACT) has launched a new Customer Experience Planning Website designed to help agents improve the customer experience lifecycle through technology. The site explains the six phases of the consumer buying experience— discover, evaluate, purchase, experience, …

How Independent Agents Can Give Customers What They Expect

Whether you are the owner of a local agency or the CEO of a large public broker – it feels like there is less and less oxygen in the room. Organic sales growth is tough; merger & acquisition activity in …

Google Dupes Insurance Buyers: Insurance Agent Executive

Independent insurance agents are accustomed to competition but many are watching with heightened interest the entry of one new competitor in particular, Google Compare. Bill Wilson, director of the Virtual University at the Big “I” (Independent Insurance Agents & Brokers …

Vermont’s Independent Agents Have Over $120M Annual Impact on State Economy

The results from a study commissioned by the Vermont Insurance Agents Association (VIAA) show that Vermont’s economy is positively impacted by the state’s independent insurance agencies. “These phenomenal survey results show the significant economic contributions that Vermont’s independent agents make …

Insurance Journal Co-Sponsors Study on Agents’ Views on Carriers

Channel Harvest Research, in partnership with Insurance Journal, has launched a major new study on the Independent Agency System, probing agents’ attitudes toward property/casualty insurance carrier relationships and, in particular, the companies they represent. The research is aimed at providing …