Global Catastrophe Economic Losses Largely Unaddressed by Insurance February 8, 2021 There were 416 natural catastrophe events globally in 2020 that resulted in economic losses of $268 billion – 8% more...
Grow Big or Go Home; 5-Step Evidence-Based Hiring Process to Help Your Agency Grow February 8, 2021 By Randy Schwantz Each bad hire can easily cost you $100,000 to $200,000. However, quality producers can add $1 million of annual revenue...
Insurance Agency M&A Deals Surged 20% in Year of Pandemic: OPTIS February 8, 2021 There were 744 announced insurance agency mergers and acquisitions in 2020, up nearly 20% from 649 reported in 2019. The...
Logic & Language and Forms & Facts Let It Snow, Let It Snow, Let It Snow February 8, 2021 By Bill Wilson People in the South love the snow. It’s like grandchildren … fun when it visits but not around enough to...
Long-Term Vision Is Key to Agency Planning February 8, 2021 By Tony Caldwell Unfortunately, research indicates that most people will not keep their New Year’s resolutions. My theory is that this failure is...
Pandemic-Related Business Interruption, Cyber Top Business Risks for 2021: Allianz February 8, 2021 There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according...
Surfacing Emerging Risks From Covid, Cyber, Civil Unrest, Mergers, and More… February 8, 2021 By Amy O'Connor and Andrea Wells Insurance Journal examined industries experiencing changes and challenges due to the COVID-19 pandemic, societal unrest and other market forces experienced...
The Myth of the ‘Surplus Lines Agent’ February 8, 2021 By Zach Lerner Increasingly, the world of insurance distribution has become highly specialized, utilizing technology and a multitude of parties to reach customers...
2021: The Year of Insurance Agency E&O Lawsuits February 8, 2021 By Andrew G. Simpson Insurance agents and brokers should prepare for a big agency errors and omissions (E&O) litigation wave to crash their shores...
USAA, Serving Military and Veterans, Enters Small Business Insurance Market February 8, 2021 The insurer that targets members of the military and veterans, USAA, is going to start writing its own small business...