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Tect Trends and Resources for the Independent Agent

News & Views

for the week of Jul 5

Insight + Analysis for the Independent Agent

Personal, Commercial Lines Composite Rates Moderate in Second Quarter
Personal, Commercial Lines Composite Rates Moderate in Second Quarter
​While the composite rates for both commercial and personal lines decreased overall in second quarter 2021, all segments experienced rate increases.

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House Passes Transportation Bill with Big ‘I’ Supported Safety Provision
The legislation includes an act requiring all new cars to have an alert system to prevent children being accidently left in back seats, as well as a provision that would increase the required amount of insurance for commercial vehicles.
3 Ways to Make Your Brand More Authentic
3 Ways to Make Your Brand More Authentic
Insurance needs to embrace brand authenticity to win the trust and loyalty of customers across all demographics. Here are three ways to activate your brand.
Going Places: Meet Young Agent Patience Noah
The industry's biggest challenge is "the mystery that comes with insurance," says Patience Noah, independent agent. "We need to help younger generations become interested, because let's be honest, we need to prepare the next generation."
TrustedChoice.com Adds 5 Companies to Platform
TrustedChoice.com Adds 5 Companies to Platform
The new companies added to the platform are Builder's and Tradesmen's Insurance; Coterie; Life Assurance Company of America; PersonalUmbrella.com; and Prime Insurance Company.
Fast Forward: Catch Up with Young Agent Matthew Washburn
Leaning into technology "was a saving grace during the pandemic," says Matthew Washburn, independent agent. "I don't even know how we could have managed without that preparation."
Does a Sauna and Float Therapy Studio Need Professional Liability Coverage?
Does a Sauna and Float Therapy Studio Need Professional Liability Coverage?
The agent submitted an application for professional liability, but was told by the underwriter that saunas and float tanks are operations hazards and therefore do not have professional liability exposure.
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Big ‘I’ Fall Leadership Conference Registration Open
Don’t miss the opportunity to enhance your leadership skills and network with your peers on Sept. 29–Oct. 3.
Dive into InsurTech Future, Agency Data and More
Register for the Un-conference’s dive into data on July 21. In addition to keynote and lunch sessions, choose from one of these workshops available at 3 p.m. ET.
Airbnb? VRBO? LexShare Has Solutions
Home-sharing exacerbates the typical homeowners risks. Lexington Insurance Company has a series of enhancements to help your clients.
Register for Coalition’s Security Week
Join Coalition next week for an exclusive series of webinars highlighting the strength of an in-depth security strategy for organizations of all sizes.
Don’t Miss Customer Experience Webinar Series
Dive into insights and actionable steps during the first session on July 13 at 1 p.m. ET.
Contractor Concepts, Workers Comp and More
The Big “I" Virtual University's 2021 webinar lineup features 13 classes covering a variety of topics with continuing education credit approved in some states.
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