Operations News

Agents, Agency Companies Undergoing Renaissance

A new study by the Independent Insurance Agents of America has found a renaissance in the appeal and effectiveness of the independent agency system is underway–a rebirth that is helping to grow market share for agents and their companies and …

IlAA Endorses Electronic Document Distribution Tool for Agents

The Independent Insurance Agents of America has endorsed IVANS Business Tracker as an industry-standard technology. IVANS Business Tracker is a distribution tool that allows companies to electronically circulate documents via the Internet. It is designed to receive reports from carriers’ …

DRAMA in the Nonstandard Arena: The NONSTANDARD AUTO MARKET gets ready for action that will include

The nonstandard auto market enjoyed above-average growth and profitability across the country through much of the 1990s. In fact, by the late ’90s, low entry barriers, including modest surplus levels required to support low-limit/short-tail policies, made the segment so attractive …

How To Sell Umbrellas to Everybody

Selling personal umbrellas is a nuisance, yes? Some agents say, “Forget the $15 or $20 commission; it’s the perception of value-added service to the client. It helps round accounts and keep accounts. And a lot more people probably ought to …

InsureHiTech Completes XML Integration with St. Paul

InsureHiTech, an eBusiness property and casualty insurance portal designed for middle market technology clients, has taken the first of its major carriers, The St. Paul Companies, “live” with its Web-based application process using XML (Extensible Markup Language) technology. The system …

DRAMA in the Nonstandard Arena

The NONSTANDARD AUTO MARKET gets ready for action that will include increased RATES, risking LOSSES and overall market VOLATILITY. The nonstandard auto market enjoyed above-average growth and profitability across the country through much of the 1990s. In fact, by the …

Shopping for Insurance Can Be a ‘Progressive’ Experience

It’s getting to be that time of year again. March Madness? Maybe. Tax time? Too early. No, for me it’s my yearly auto insurance renewal for my two cars: the Sienna minivan and the crusty Tercel. Each year, I make …

INSpire Announces New Sales, Finance Appointments

INSpire Insurance Solutions, a property/casualty insurance outsourcing and integrated solutions provider, has made some management changes. Kay L. Womble has been named vice president of sales replacing Jim Strickland, who has resigned. Andrea M. Ferris has been named vice president …

How To Sell Umbrellas to Everybody, Not Just Millionaires

Selling personal umbrellas is a nuisance, yes? Some agents say, “Forget the $15 or $20 commission; it’s the perception of value-added service to the client. It helps round accounts and keep accounts. And a lot more people probably ought to …

Aon To Acquire ASI Solutions

In a move aimed at strengthening its consulting and outsourcing services Aon announced that it has agreed to acquire New York-based ASI Solutions Inc., “a worldwide provider of human resources administration and compensation consulting services.” Plans call for the integration …