IA Magazine

Maximizing the Value in a New Book of Business

Buying another agency? West Town Bank & Trust recommends four best practices to maximize your investment and prepare for a smooth transition.

Posted: Dec 04, 2022

5 Questions to Shape Your Marketing Strategy

Every agency needs a growth strategy. Use these questions to build marketing personas that will help you reach your ideal customers.

Posted: Dec 04, 2022

5 Things to Look for in a Marine Carrier

At a time when operational excellence is critical, choosing the right marine carrier partner is more important than ever. Use these five questions to help identify the best partner for you.

Posted: Dec 04, 2022

Why Is the Personal Auto Market Deteriorating?

Inflation is driving up loss costs, carriers are increasing rates and tightening underwriting guidelines—all leading to a deteriorating auto insurance market.

Posted: Dec 04, 2022

SUITELIFE Underwriting Managers Expands Programs to Include Franchise Hotels

The program offers a property and general liability package through their Franchise Hotel Program.

Posted: Dec 04, 2022

What Cyber Liability Insurance Can Learn from EPLI

What EPLI underwriters learned—and what cyber underwriters have come to understand—is that protecting companies from costly claims must start with being proactive about risk management.

Posted: Dec 04, 2022

What Cyber Liability Insurance Can Learn from EPLI

What EPLI underwriters learned—and what cyber underwriters have come to understand—is that protecting companies from costly claims must start with being proactive about risk management.

Posted: Dec 04, 2022

Medicare Reporting Bill Introduced in Senate

The legislation seeks to exclude independent agents and brokers from the requirement to record calls with beneficiaries under the Medicare Advantage and Prescription Drug Benefit Pprograms.

Posted: Dec 04, 2022

Big ‘I’ Announces Inaugural InsurTech Summit

The 2023 Big ‘I’ InsurTech Summit will demystify InsurTech for agents.

Posted: Nov 30, 2022

Big ‘I’ Flood Update: NFIP’s D2C Proposal and FHA Private Option

Big “I" members and industry partners on the Flood Insurance Producers National Committee (FIPNC) met with staff from FEMA to discuss a broad range of NFIP-related issues.

Posted: Nov 30, 2022

Compensation Planning for 2023: Salary Reviews and Raises

Although 2022's average salary increase was the highest since 2008, inflation of around 7%-8% results in negative wage growth for many employee groups.

Posted: Nov 29, 2022

Water: The New Fire in Commercial Construction

Water damage is one of the key drivers of builders risk claims. Learn more about how you can help your clients avoid costly water damage.

Posted: Nov 27, 2022

4 Ways to Get in Front of Younger High-End Home Buyers

Young high-end homebuyers are looking for enhanced customer service, which can be provided by agents with strong carrier partnerships.

Posted: Nov 27, 2022

4 Ways to Get in Front of Younger High-End Home Buyers

Young high-end homebuyers are looking for enhanced customer service, which can be provided by agents with strong carrier partnerships.

Posted: Nov 27, 2022

Buying an Agency? 4 Best Practices to Safeguard Your Investment

Mitigate the risks of buying another insurance agency. These four best practices could help safeguard your investment in a new book of business while maximizing your investment.

Posted: Nov 27, 2022

How Agents Can Prepare D&O Clients for Insolvency

Despite the good news in the D&O market, uncertainty remains as the economy faces a period of higher inflation and a possible recession, which could lead to an increase in D&O claims.

Posted: Nov 27, 2022

PAK Programs Adds Coverage for Brewpubs and Gastropubs

Coverage includes finished goods and beer aging in barrels which are valued at selling price.

Posted: Nov 27, 2022

3 Ways to Mitigate Commercial Auto Premium Increases at Renewal

As premiums increase, carriers implement more stringent underwriting requirements, and inflationary pressures increase overheads, it may all prove too much for some businesses.

Posted: Nov 27, 2022

Set Producers Up for Success by Avoiding These Mentoring Pitfalls

Many agencies are investing significantly in developing training platforms and initiatives, or outsourcing producer coaching and training to reduce underperformance and producer failure rates.

Posted: Nov 22, 2022

From the Front Lines: D&O

"Directors & officers insurance is the only policy that can adequately protect board actions and decisions protecting their fiduciary responsibility to the organization," says independent agent William Simons. "The decisions and actions board members...

Posted: Nov 20, 2022

The D&O Hard Market Is History, But Challenges Continue to Slow the Transition

Today, D&O market conditions have improved, with clients able to find higher limits at cheaper prices as capacity returns to the market and rate increases decelerate.

Posted: Nov 20, 2022

The D&O Hard Market Is History, But Challenges Continue to Slow the Transition

Today, D&O market conditions have improved, with clients able to find higher limits at cheaper prices as capacity returns to the market and rate increases decelerate.

Posted: Nov 20, 2022

Water Loss Is the New Fire in Commercial Construction

Water damage is one of the key drivers of builders risk claims. Learn more about how you can help your clients avoid costly water damage.

Posted: Nov 20, 2022

Water Loss Is the New Fire in Commercial Construction

Water damage is one of the key drivers of builders risk claims. Learn more about how you can help your clients avoid costly water damage.

Posted: Nov 20, 2022

Winter Vacations and Unoccupied Homes: Losses Waiting to Happen

Here are four potential issues that can occur during the colder months and how agents can help clients be better prepared.

Posted: Nov 20, 2022