Articles by Andrew G. Simpson

Simpson is a freelance writer and editor. He retired as Chief Content Officer for Wells Media Group in July, 2022 after 18 years with the company.

PLUS Conference: Global Risks, Governance and Hypocrisy

America’s European allies are being hypocritical in their complaints about the U.S. spying on them because they all have their own surveillance programs, according to two former top officials in the Clinton Administration. Former Secretary of State Madeleine Albright said …

World Needs Insurance Industry to Be ‘Bold’ and ‘Sexy’ Now, PLUS Told

It’s time for the insurance industry to be “bold” and “sexy” in creating new insurance products and services to help the world deal with extreme risks that are becoming more common, according to a global authority on managing catastrophes and …

Rusbuldt on McKinsey 5: Where Will Agents Really Be in 5 to 10 Years?

Bob Rusbuldt, president and CEO of the Independent Insurance Agents and Brokers of America – the Big “I”- takes issue with a McKinsey report that claims local independent agents will soon be extinct. In this fifth and final installment from …

Rusbuldt on McKinsey 4: Trusted Choice, CAP as Part of Agents’ Internet Strategy

Bob Rusbuldt, president and CEO of the Independent Insurance Agents and Brokers of America – the Big “I”- takes issue with a McKinsey report that claims local independent agents will soon be extinct. In this fourth installment from an interview …

Rusbuldt on McKinsey 3: Don’t Ignore Trends Favoring Independent Agents

Bob Rusbuldt, president and CEO of the Independent Insurance Agents and Brokers of America – the Big “I”- takes issue with a McKinsey report that claims local independent agents will soon be extinct. In this third installment from an interview …

Usage-Based Auto Insurance on Road to Becoming Standard Offering

Technology is spurring innovation and altering risk scenarios throughout the economy including in auto insurance. While advanced auto safety features, the shared economy and driverless cars promise to reshape auto insurance down the road, usage-based insurance (UBI) powered by telematics …

Rusbuldt on McKinsey 2: Agent-Carrier Relationships Make a Difference

Bob Rusbuldt, president and CEO of the Independent Insurance Agents and Brokers of America – the Big “I”- takes issue with a McKinsey report that claims local independent agents will soon be extinct. In this second installment of an interview …

Insurance, Tax, Climate Groups Hit Possible Delay in Flood Insurance Changes

The prospect of a delay in flood insurance reforms that are raising premiums for many homeowners is being met with pushback from business, taxpayer and insurance groups. Rep. Maxine Waters, D-Calif., ranking member of the House Financial Services Committee, announced …

Why McKinsey’s Prediction of Demise of Independent Agents Is ‘Dead Wrong’

A recent report from McKinsey & Co. had some bad news for local property/casualty insurance agents— many of them will be out of business within the next five to 10 years. McKinsey contends that “the economics of the traditional agent …

Best Agency to Work For – Southeast

Senn-Dunn Insurance, Greensboro, North Carolina Senn-Dunn: Open, Really Open, for Business … and Producer Ownership Too many cooks spoil the broth? Not at Senn-Dunn Insurance. The Greensboro, N.C., agency — the 2013 winner of Insurance Journal‘s Best Agency to Work …