So…really no change. Just bumping along around flat. Underwriters of GL tell us agents that “this is ti, we’re going to have to get some rate this year…” always disappoint with flat or down renewals because of the competition.
carriers always set inordinate pressure on staff to meet goals, new biz, especially. However extremely difficulty to meet big new biz goals so renewal retention and that bucket of premium become so much more vital in hopes of being closer to goals. I blame the carriers 1000% for their “pay for Pef” on max steroids approach to assanine goals created and given to UW & Mktg – OR ELSE! Stop the ridiculous pressure on premium goals for each …nah, that will never happen so……enjoy your inability to even get an average rate increase across the board of 5% next year. It’s your own darn fault, carriers.. Mix that in the cake batter of way too many carriers who do the same exact thing (even though they all think their service is better than the others……..funny)….too many people feeding off the same situation & with goals too high, Ka Boom again…..Freaking merry go round every year of this same message that will go nowhere by mid 19 when goals are way behind plan…………write more, cheap, cheaper than the 6 other cos down the street, keep file in car trunk b/c audit will punt you into orbit with a hefty reprimand for whatever petty reason. Mrs. Elizabeth Martinez – Smack, MBA, CPCU, Anchorage Alaska
So…really no change. Just bumping along around flat. Underwriters of GL tell us agents that “this is ti, we’re going to have to get some rate this year…” always disappoint with flat or down renewals because of the competition.
carriers always set inordinate pressure on staff to meet goals, new biz, especially. However extremely difficulty to meet big new biz goals so renewal retention and that bucket of premium become so much more vital in hopes of being closer to goals. I blame the carriers 1000% for their “pay for Pef” on max steroids approach to assanine goals created and given to UW & Mktg – OR ELSE! Stop the ridiculous pressure on premium goals for each …nah, that will never happen so……enjoy your inability to even get an average rate increase across the board of 5% next year. It’s your own darn fault, carriers.. Mix that in the cake batter of way too many carriers who do the same exact thing (even though they all think their service is better than the others……..funny)….too many people feeding off the same situation & with goals too high, Ka Boom again…..Freaking merry go round every year of this same message that will go nowhere by mid 19 when goals are way behind plan…………write more, cheap, cheaper than the 6 other cos down the street, keep file in car trunk b/c audit will punt you into orbit with a hefty reprimand for whatever petty reason. Mrs. Elizabeth Martinez – Smack, MBA, CPCU, Anchorage Alaska