Why Insurance Agencies Can’t Ignore Bad Accounting June 6, 2016 By Chris Burand Take an industry, say independent insurance agencies, that is supposed to be sales-focused and where principals think accounting is boring....
Who Moved Your Cheese? The End (for Now) of Market Cycles May 2, 2016 By Chris Burand The good news is that for the foreseeable future, with certain exceptions, you will not have to tell your clients...
Conflicts of Interest and Rebating April 4, 2016 By Chris Burand Time flies but history repeats. Enough time has passed that many people working in insurance today have no experience relative...
Finding Producers in Small Towns March 7, 2016 By Chris Burand How did agencies in small towns ever get started? Someone wanted to work on their own, in sales, and blaze...
Brands & Independent Insurance Agencies February 8, 2016 By Chris Burand Much has been discussed and considerable investments have been made specific to branding within the independent insurance agency market over...
Playing to Win Versus Playing to Not Lose January 11, 2016 By Chris Burand I received an interesting request from a reader regarding a prior article I wrote. That article was how many people,...
Insurance Company Profitability December 7, 2015 By Chris Burand The past 10 years has been incredibly profitable for insurance companies. Net income for the industry – that is net,...
The Competitive Advantage: Agency Prices November 13, 2015 By Chris Burand Agency prices are likely at all-time highs, albeit only a handful of very specific buyers are paying such high prices....
Agency Prices Are Awfully High November 2, 2015 By Chris Burand Acquisition prices unaffordable for many agencies without Wall Street or private equity backing Agency prices are likely at all-time highs,...
Public’s Perception of Insurance Is Reality – Accept Reality October 5, 2015 By Chris Burand Perception is reality. The general public’s perception of reality relative to insurance is that personal insurance, especially auto, is a...