Insurance agents should recognize that an artificial intelligence policy (AI) is only a starting point, not a complete risk-control system. Agencies need practical controls that identify where AI is used,…
Alcohol-fueled assault and battery (A&B) claims continue to arise in bars, “gentlemen’s” clubs, hotels and habitational risks, even as violent crime declines nationally. This article examines why A&B exclusions have…
An insurance agent accepts an attractive account despite lacking experience with that type of operation, only to face a costly dispute after a major loss reveals overlooked exposures that resulted…
Did you ever wonder what the carriers are up to? According to one group of experts at Insuraviews, a lot of change is afoot, at least with coverage enhancements, exclusions…
Did you know that almost a quarter of Americans speak a language other than English at home? Are you missing business opportunities to either work with or refer these clients?
In 2022, over 221,000 people passed insurance licensing authority lines. With experienced talent in high demand and new talent coming into the insurance pipeline, onboarding is essential in creating successful…
With the ever-changing landscape of homeowners insurance, lenders and banks are raising the bar on policy documentation requirements. This shift is reshaping the way insurance agencies engage with their clients and financial…
Managing and protecting your book of business is a critical goal for independent insurance agents. Your book of business includes the policies under your management across a variety of carriers.
Running a successful insurance agency requires many skills. Building success is more than simply securing new clients. A successful agency management plan is a strategic approach to profitability, efficiency and growth. In today’s competitive…
One of the most important early concepts you will learn in insurance is this: What makes a risk insurable? This article helps to explain the elements of an insurable risk.