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Tect Trends and Resources for the Independent Agent

News & Views

for the week of Feb 1

Insight + Analysis for the Independent Agent

President Biden Criticizes Home and Auto Insurance Pricing
President Biden Criticizes Home and Auto Insurance Pricing
During a recent town hall, the president took aim at home and auto insurance pricing disparities for Black and Latino consumers.

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PPP to Prioritize Small Businesses as Congress Considers Additional COVID-19 Relief
Earlier this week, the U.S. Small Business Administration announced changes to the Paycheck Protection Program intended to help small businesses secure loans.
Elevate Trilogy Keynote Speaker Bonin Bough: Creating Value by Breaking Things
Elevate Trilogy Keynote Speaker Bonin Bough: Creating Value by Breaking Things
Elevate Trilogy Part One: Marketing is taking place today with a keynote presentation from one of the youngest C-suite executives of a Fortune 50 company.
Vertafore Partners with Rocket Referrals to Provide New CRM Tools
Vertafore Partners with Rocket Referrals to Provide New CRM Tools
The partnership aims to help independent agencies build stronger relationships with their clients through more meaningful client engagement, direct from their agency management system.
Student of the Industry: Where Do Premium Dollars Go?
Student of the Industry: Where Do Premium Dollars Go?
Has a customer ever asked you where their premium dollars go? Put on your philosopher’s cap and discover how there's more to it than meets the eye.
Why Offer Terrorism Coverage for CGL and Umbrella Policies?
Why Offer Terrorism Coverage for CGL and Umbrella Policies?
Why must an insured accept or reject Terrorism Risk Insurance Act coverage under a commercial general liability or umbrella policy? Does the TRIA act provide any coverage that would fall under these policies?
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Big 'I' Best Practices: Agency Comparison Tool
Access the Agency Comparison Workbook and other practical tools to generate success in your agency through the Best Practices program.
Is Your Website Costing You Leads?
Sign up for a free Digital Review from Trusted Choice®.
VU Offers 24/7 On-Demand Content
Big “I” Virtual University offers a wealth of on-demand classes to bolster your insurance knowledge wherever you are and whenever you like.
Big I Advantage® Promotes Amanda Juratovic
Association veteran has been promoted to assistant vice president of errors & omissions operations at Big I Advantage®.
Don’t Miss Next Week’s Tech Efficiency Webinar
Join us Wednesday, March 3 at 2 p.m. ET for a webinar brought to you by the Agents Council for Technology and supporting partner IVANS Insurance Solutions.
7 Steps to Serving Clients Through Mail Delays
7 Steps to Serving Clients Through Mail Delays
The mail delays over the past number of months have made invoices and insurance payments arrive late, often resulting in dropped coverage for clients. Here are seven ways to keep your team and clients up to speed.

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Agents, Brokers Post Record Profits in 2020
In the first quarter of 2020, agents and brokers predicted 7% growth. In 2021, agents and brokers are predicting a bullish 6% growth.
Progressive to Buy Transportation Insurer Protective in $338 Million Deal
Progressive to Buy Transportation Insurer Protective in $338 Million Deal
The acquisition allows Progressive to add products for larger fleets and brings expertise in workers comp coverage for the transportation industry, which are new areas of business for Progressive.
Balancing Act: Customers Demand Both a Digital and Personal Experience
Balancing Act: Customers Demand Both a Digital and Personal Experience
While 73% of independent agents say their customers expect a fully digital experience, 91% report an increase in customers' desire to speak to an agent when they have questions.
Golf Bag Bling: What Is a ‘Motorized Vehicle’ on a Standard Homeowners Policy?
Golf Bag Bling: What Is a ‘Motorized Vehicle’ on a Standard Homeowners Policy?
Clients have purchased remote-controlled electric golf bag carriers. How would a homeowners policy respond if one of these ran into a person or another vehicle, either on the course or in the parking lot of the clubhouse?
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Countdown to Elevate Trilogy Part 1
Bonin Bough, one of the youngest executives in a Fortune 50 company, will deliver the keynote address at the action-packed Feb. 25 webinar.
Celebrate Insurance Careers on Feb. 24
Join the #DayInTheLife social media challenge.
ACT and IVANS Webinar March 3
Learn how agents and insurers are doing more with less through technology.
Jeff Albright Insurance Society Launched
The giving society was named after Jeff Albright, CEO of the Independent Insurance Agents & Brokers of Louisiana, after he announced his planned retirement.
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​127 South Peyton Street
Alexandria VA 22314
​phone: 800.221.7917
fax: 703.683.7556
email: info@iiaba.net

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