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Tect Trends and Resources for the Independent Agent

News & Views

for the week of Mar 29

Insight + Analysis for the Independent Agent

10 Findings from the 2020 Agency Universe Study
10 Findings from the 2020 Agency Universe Study
The number of independent insurance agencies has remained stable and business conditions continue to improve, although at a slower rate than 2018, according to the 2020 Agency Universe Study.

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Speakers for 2021 Big ‘I’ Virtual Legislative Conference Finalized
The conference will be held April 13-16, with daily programs beginning at 2 p.m. ET. Virtual attendees will hear from speakers including top leaders in Congress and FOX News’ Bill Hemmer, co-anchor of “America’s Newsroom.”
Risk Rating 2.0: FEMA Releases New Timeline and Data on NFIP Rate Changes
Risk Rating 2.0: FEMA Releases New Timeline and Data on NFIP Rate Changes
Today, FEMA issued notification of Risk Rating 2.0 program changes to the National Flood Insurance Program effective on October 1, 2021, the overall timeline for implementation of Risk Rating 2.0, and FEMA's expectations of NFIP insurers.
Personal Auto Market Returning to ‘Old Normal’
Personal Auto Market Returning to ‘Old Normal’
The drive to find more affordable coverage was amplified during 2020 as many consumers looked to trim expenses. This has stabilized in 2021 with a return to pre-pandemic trends in shopping and claims.
20% of Small Businesses Have Cyber Insurance, According to Selective Survey
Only 20% of Small Businesses Have Cyber Insurance, According to Selective Survey
While cybercrime is a growing concern among small business owners and managers, few small businesses are aware of the need for cyber liability coverage.
Why Salespeople Should Use Conditional Questions
Why Salespeople Should Use Conditional Questions
This strategy helps producers collaborate with prospects by providing them insights with the goal of helping them make better, more informed decisions.
Can an Agency Non-Renew a Nightmare Customer?
Can an Agency Non-Renew a Nightmare Customer?
A client has been very belligerent to agency staff throughout the years yet still stays with the agency. If the agency gives a 60-day notice, can it non-renew this client?
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Agency Revolution Joins ACT
Digital marketing InsurTech leader is new Agents Council for Technology partner.
Discounted Coalition Solutions
As part of Coalition’s cybersecurity solutions, policyholders receive a negotiated discount on endpoint detection and response solutions through Malwarebytes.
Is Employee Benefits the Elephant in the Room?
The Big “I" has made it simple to get a quote and obtain coverage for independent agency employees.
Subscribe to the Big ‘I’ Technical Publication
Insurance Illustrated helps you keep up with your insurance education.
Big ‘I’ Markets Offers Monoline Commercial Auto
Quote monoline commercial auto through Big "I" Markets with a choice of two carriers: Travelers and Progressive.
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Alexandria VA 22314
​phone: 800.221.7917
fax: 703.683.7556
email: info@iiaba.net

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