independent insurance agencies News

Number of Independent Agencies Dips a Bit: Future One Study

Despite continued robust agency mergers and acquisitions activity, the number of independent insurance agencies has remained stable at 36,000, a number slightly below the last tally of 36,500 in 2018. That’s according to the 2020 Agency Universe Study from Future …

Big ‘I’ 2013 Best Practices Study Finds Increases in Specializations, Profitability

The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) released its 2013 Best Practices Study which found an increase in agencies with specializations, expansion of technology investment and an increase in profitability across most of the …

Market Forces, Technology Transforming P/C Agents’ Role: McKinsey

A report this month from consulting firm McKinsey & Company says market forces and technology are changing the role of the agent in the property/casualty insurance distribution. The report, titled “Agents of the Future: The Evolution of Property and Casualty …

Crum & Forster to Offer DriveCam Services to Policyholders

Crum & Forster (C&F) will now offer DriveCam’s managed services to its policyholders as part of C&F’s loss control/safety management services. DriveCam addresses safety by combining data and video analytics with real-time driver feedback and coaching, resulting in reductions in …

Two Dozen Agencies to Host Job Fairs Next Week Near Pittsburgh, Penn.

Some two dozen independent insurance agencies will host job fair events next week in the Pittsburgh, Penn., region. The agencies said they are looking to fill jobs in customer service and sales. The agencies are planning three job fair events, …

Professional Insurance Agents of New York State Elects New Officers

The Professional Insurance Agents of New York State (PIANY) elected seven officers for its 2011-12 administrative year. The association also elected five board directors who will serve for a three-year term, ending in 2014. The election was held at the …

Insurer Wants to Sign 100 Agents in 100 Days

A commercial lines insurer is on a mission to sign a number of independent agents— as many as 100 of them —within the next 100 days. From July 12 through October 12, South Carolina-based Accident Insurance Co. (AIC) will be …