Burand’s State of P/C Insurance Industry Part 2: How to Pick Winners as More Carriers Consolidate or Waste Away July 9, 2017 By Chris Burand Editor’s Note: This is the second of two articles by Burand based on his most recent 50-page whitepaper, State of...
Burand’s State of P/C Insurance Industry, Part 1: Agencies Facing Paradigm Shift June 13, 2017 By Chris Burand Editor’s Note: This is the first of two articles by Burand based on his most recent 50-page whitepaper, State of...
A Few E&O Tips to Watch: Certificates, Carrier Ratings and Alternative Markets June 5, 2017 By Chris Burand It seems agencies today have more challenges than ever. Below are three tips to reduce errors and omissions (E&O) exposures....
The Competitive Advantage: Agency-Carrier Contract Negotiations May 1, 2017 By Chris Burand One of the worst sentences a contract attorney’s clients can hear when that attorney is opining on some onerous clause...
The Competitive Advantage: Insurance is Losing the Battle of Public Relations March 6, 2017 By Chris Burand Flooding in southern Louisiana in the late summer of 2016 revealed 86 percent of flooded homes had no flood insurance....
The Competitive Advantage: The Importance of Proper Accounting in Insurance Agencies February 6, 2017 By Chris Burand Independent insurance agencies’ accounting methods and contractual and legal requirements are unique, especially considering how lax enforcement is when all...
The Competitive Advantage: Loss Ratios – Do They Matter? January 9, 2017 By Chris Burand Do loss ratios matter? The old school answer is: “Absolutely! You are crazy for even asking the question!” Of course,...
The Competitive Advantage: Agency Owners of Yesterday and Today December 5, 2016 By Chris Burand When I began my career, many agency owners I met had founded their agencies in the Great Depression. To this...
The Competitive Advantage: Are Your Companies Stealing Your Expirations? November 7, 2016 By Chris Burand Three times in three months now, I have seen major carriers “provide” contracts that in some cases outright take ownership...
Strategic Carrier Mistakes and New Blood Opportunities October 3, 2016 By Chris Burand Carriers have made a huge mistake. Most do not yet get it. Some never will grasp the mistake they’ve made....