IA Magazine

Cost Cutters: Your Overhead Isn’t Your Business

If you take the paper out of paperwork, you’ll find that you can get more work done without increasing overhead—you may even be able to reduce it.

Posted: Feb 03, 2020

Agency Profile: Kulchin Ross Insurance Services

When Derek Ross first took his child to an indoor playground, he thought, “Wow, these aren’t so clean. They’re not so safe! Who’s the insurance broker behind these?” Finding limited representation, he purchased every URL he could think of related to...

Posted: Feb 03, 2020

3 Factors That Will Shape M&A in 2020

Complexities, surprises and natural disasters are set to shape the mergers & acquisitions landscape in 2020.

Posted: Feb 03, 2020

Refreshing Workers Comp: 9 Strategies to Boost Your Value

Workers compensation isn’t the obvious route to agency profitability. But by providing these nine services, it pays intangible dividends to your clients that ultimately accrue to the agency balance sheet.

Posted: Feb 03, 2020

Why Independent Agents Will Win in The Affluent Market

Looking to round out a strong first quarter as we head into a new decade? Consider the win-win relationship represented by affluent accounts.

Posted: Feb 02, 2020

‘Erratic’ Personal Auto Market Drives Shoppers to Distraction

After a tough couple of years, personal auto rates showed signs of stability in 2019. But as the market moves further into 2020, there are signs that this trend isn’t being witnessed across the board.

Posted: Feb 02, 2020

Openly Launches Transparent, Fast Homeowners Solution

While many incumbents and InsurTech entrants are focused on circumventing agents, Openly focuses on catering to their needs.

Posted: Feb 02, 2020

The Hartford Enhance Spectrum® BOP with Real-Time Quoting

The coverage enhancements reflect the ever-changing needs of small business customers, such as green upgrade coverage, perishable goods in transit, and enhanced cyber-related coverage, such as data breach fines and penalties.

Posted: Feb 02, 2020

Moving Company Damages Property: Is it Covered by HO3?

An insured is building a new home and plans to hire a moving company. If the moving company damages any of their personal property, is that covered under the Homeowners Policy Special Form 3?

Posted: Jan 30, 2020

Big ‘I’ Submits Testimony on Damaging Risk Retention Group Expansion

The “Nonprofit Property Protection Act” would broadly preempt state insurance regulatory protections, undermining the state-based system.

Posted: Jan 29, 2020

Declaration of Independents: Avery Moore

At 30, with seven years of on-the-job experience, Avery Moore speaks with the perspective of a veteran. "We need more strong women to lean in and seize opportunities as producers. I grew up watching my mother, but when I tried to find my own communit...

Posted: Jan 28, 2020

Agency Profile: Chalmers Insurance Group

These fourth-generation agency owners excel in the tutelage and protection of the next generation. The children whose lives they touch include fourth-grade Brady Chalmers, who asks when he can take over his dad’s office.

Posted: Jan 28, 2020

Why Agencies Need to Promote Opportunities for Young People

The opportunities for young employees to work toward earning a six-figure income are very limited, except in the insurance agency and brokerage space—and few people are aware of this.

Posted: Jan 28, 2020

Survey Assesses the State of the Nation’s Technology Adoption

The 2019 Applied Digital Agency Annual Report evaluates the adoption of the five core capabilities of a digital agency, including management systems, mobility, insurer connectivity, cloud and data analytics, all of which work cohesively to drive digi...

Posted: Jan 28, 2020

How to Choose Your Agency’s E&O Limit

With a $5-million aggregate limit in place, most agencies believe they are unlikely to be overcome by a series of small, unrelated claims in a single policy period. There is some truth to that but some peril, as well.

Posted: Jan 28, 2020

5 Ways to Make Your Words Count in the Workplace

Whether you say words out loud or they’re running through your head, you can make the choice to take a positive or negative path. The words we use always matter.

Posted: Jan 28, 2020

The Roaring Twenties: How Agencies Are Boosting Sales in 2020

As the 21st century enters a new decade, what tactics are independent insurance agents using to grow their business and increase sales?

Posted: Jan 28, 2020

Public Image: What Agencies Must Do to Attract and Retain Talent

There’s a lot of high-level work to be had. The insurance industry must convey this message to a new generation of workers to reduce the industry talent gap and attract, retain and develop young professionals.

Posted: Jan 28, 2020

Agency Success Strategies: 3 Immediate Priorities

The EY 2020 U.S. and Americas Insurance Outlook survey uncovers trends that will shape the industry in the years to come. Here are three top priorities for the industry to solve in the next three years.

Posted: Jan 27, 2020

Glatfelter Expands Workers Comp Program

Glatfelter's new comprehensive workers compensation program provides the option to write an entire account with a single-carrier solution.

Posted: Jan 26, 2020

Relationships Matter

There is no better way of providing insurance than through independent agents.

Posted: Jan 26, 2020

Why Experience Is Crucial in Environmental Liability Insurance

Demand for environmental liability insurance is on the rise, but lack of experience poses a challenge in a complex market.

Posted: Jan 26, 2020

Products Shipped to the Wrong Location, Damaged: Is Coverage Lost?

A commercial insured shipped a part to the wrong location. After the part was shipped to the correct location, it arrived damaged. Due to the mix up, the carrier says the product is no longer an insurable interest.

Posted: Jan 23, 2020

Insurance Asset Freeze Bill Considered by House Subcommittee

The U.S. House Financial Services Subcommittee on National Security, International Development and Monetary Policy held a hearing last week on the financing of domestic terrorism and extremism.

Posted: Jan 22, 2020

7 Tips to Master In-Person Networking

Networking is a key strategy to strengthen and develop your agency’s business opportunities, reputation and even friendships. Here are seven ways to take your networking to the next level.

Posted: Jan 21, 2020