Surplus Lines Risk Factors February 20, 2023 By Chris Burand A generation has passed since the last hard market and a substantial proportion of the people employed in agencies today...
A Great Opportunity January 23, 2023 By Chris Burand A great opportunity exists for those who want to make a difference in their communities, clients’ lives, and businesses on...
Why Boutique Agencies & Brokers Win December 5, 2022 By Chris Burand Professional boutique agencies are the solution, the only real solution, for all those producers who compete against big shops, insurtechs...
Another Day, Another Insurance Regulator Failure November 21, 2022 By Chris Burand As I am writing this article, AM Best reported another property/casualty insolvency this morning. If I am not mistaken, more...
The Unprepared Face Many Surprises When Selling Their Agencies October 17, 2022 By Chris Burand What is being sold when an owner decides to sell their agency? Expirations (generically). What are expirations? Data. Why is...
Can a Firm’s Culture Created by a Salesperson Be Grown Into a Business Culture? September 19, 2022 By Chris Burand Having a sales culture in your agency is not synonymous with having business culture. As so many examples of vaporware...
The Continued Importance of Trust Monies, Correct Accounting, and Doing Business with Stable Insurance Companies August 15, 2022 By Chris Burand There was some recent news that the Florida Department of Insurance (DOI) is requiring all agencies to return to the...
Insurance Company Surplus — A Tiny Primer July 18, 2022 By Chris Burand I find that almost all agents and a high proportion of insurance carrier employees possess inadequate knowledge of insurance carrier...
Future Profit Models for Insurers and Their Agent/Broker Partners June 20, 2022 By Chris Burand I read an article written by a former carrier CEO who is now a consultant and private equity backer to...
Insurance Claims – The Problems and Some Solutions May 16, 2022 By Chris Burand Claims are where the rubber is supposed to meet the road in the insurance world. Claims are where an insured...