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Tect Trends and Resources for the Independent Agent

News & Views

for the week of Jun 1

Insight + Analysis for the Independent Agent

Big ‘I’ President and Chairman Share Stories from COVID-19 Agency Frontline
Top Big 'I' Leaders Share COVID-19 Stories
Watch the video from Bob Rusbuldt, Big "I" president & CEO, and Jon Jensen, Big "I" chairman, that provides updates on the Trusted Choice® COVID-19 Relief Fund.

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Big ‘I’ Submits Comments Regarding Main Street Lending Program Proposal
The comments addressed the Federal Reserve Board’s request for public feedback on a proposal to expand the Main Street Lending Program to provide access to credit for nonprofit organizations.
3 Ways Agents Can Help Clients Return to Work in the Coronavirus Era
3 Ways Agents Can Help Clients Return to Work
As businesses begin to reopen and employees return to work, here are three ways agents can help clients.
How Digital Technology Will Change Insurance Engagements
How Digital Technology Will Change Insurance Engagements
Propelled by the coronavirus pandemic, the digital customer experience is now even more important to client satisfaction and profitability.
Student of Industry: 3 Lessons from Cyber Loss Ratios and Averages
Student of Industry: 3 Lessons from Cyber Loss Ratios and Averages
Cyber insurance is now a significant line of business. But how significant is it? What do the numbers tell us?
Two LLCs, Same Owner: Covering Loss of Rent on a Single Policy
Two LLCs, Same Owner: Covering Loss of Rent on a Single Policy
Can an agent add two LLCs owned by the same person, one a lessee and the other a lessor, to the same policy to include coverage for loss of rental income?
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Big ‘I’ Fall Leadership Conference Registration Open
Don't miss the opportunity to enhance your leadership skills and network with peers September 9-12.
Invest℠ Partners with LiNC in Virtual Insurance Education
The virtual learning opportunity comes as in-person education and career opportunities continue to be canceled over concerns about COVID-19.
What is the Weighted Average Shareholder Age?
Watch an on-demand webinar to learn what the Weighted Average Shareholder Age is, why it's important, and how it relates to agency perpetuation.
Centriq App Helps Clients Prepare for a Flood
Selective Flood customers now have access to Centriq, an inventory tool that lets customers easily create a digital inventory of their home or small business contents.
Invest℠ Awards 22 Academic Scholarships
Invest, the insurance industry’s premier classroom-to-career education program, has awarded $29,500 in scholarships to 22 students pursuing insurance-related degrees.
Run Your Agency by Design, Not Default
Watch an on-demand webinar about running your agency with purpose, including unique business processes, becoming a relationship-based agency and more.
Develop Your Best Remote Team with Caliper
Caliper has several resources to support managers in making more informed hiring and performance management decisions during a time of rapid change.
Webinar: 10 Marketing Tips for Independent Agents
Trusted Choice® will host a webinar on Thursday, July 9, at noon ET on marketing strategies for independent insurance agencies.
Big ‘I’ Technology Risk Management Webinar
Register today for sessions on protecting yourself and your businesses from the dangers of technology, scheduled for 2 p.m. ET on June 29, July 1, July 6 or July 8.
Big ‘I’ President and CEO Champions BCPP in The Hill Op-Ed
Big ‘I’ President and CEO Champions BCPP in The Hill Op-Ed
The op-ed explains how the Business Continuity Protection Program would bolster the economy in the event of a future pandemic.

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Revised PPP Forgiveness Applications Announced
The Department of Treasury and Small Business Administration (SBA) issued a new EZ loan forgiveness application for the Paycheck Protection Program (PPP).
Should an Agency Purchase E&O Coverage from an Appointed Carrier?
Should an Agency Purchase E&O Coverage from an Appointed Carrier?
Before placing errors & omissions coverage with any carrier you are appointed to represent, consider these five factors.
Are Business Income Losses Covered After Riot Damage Amid COVID-19 Closures?
Are Business Income Losses Covered After Riot Damage Amid COVID-19 Closures?
Several agency clients suffered damage as a result of the recent riots. However, they were already closed as a result of state-wide COVID-19 closures. How will the business income policy respond?
Supreme Court Defines Sexual Orientation as Protected under Title VII
Supreme Court Defines Sexual Orientation Under Title VII
Companies that do not already meet laws protecting employees from sexual orientation discrimination may need to make changes to ensure compliance.
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