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Some habits are hard to break, including the traditional method for insurance agencies to submit new insurance applications. Agents have traditionally completed Acord apps and supplemental forms which are sent via email or uploaded as PDFs to a carrier’s or MGA’s website for review. But in recent years with the advent of insurtechs that have ...
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Trade shows are an exciting opportunity to network and learn more about your industry, whether you’re attending an insurance industry trade show or strolling the floor at an event for another specific business sector. From attending panels to marketing your own business and meeting potential clients, trade shows can often be a whirlwind weekend – ...
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Since the beginning of the year, the housing market has changed. A rise in interest rates, the amount of money required as a down payment, a drop in sales prices, and increased inventory on the market have home sellers concerned. A once-hot market has begun to cool. According to recent reports by Realtor.com and Redfin respectively, ...
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When residential and property losses occur – whether it’s a result of fire, water damage, appliance and equipment component failures, or other hazards – insurers utilize forensic experts to investigate claims. These experts determine the causes and origins of losses, the extent of the damage and the appropriate action to take for resolution. Based on ...
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This summer, it seems like everyone is traveling – whether it’s flying to some far-flung destination or taking to the road for some R&R at a vacation rental. In fact, the vacation rental business is booming, particularly among property investors who have bought up vacation homes to rent. While the majority of homes listed on sites ...
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There is a homeowners’ crisis in both the Bayou and Sunshine States, with property owners scrambling to find coverage as carriers raise premiums, reduce their appetites, cancel policies, leave the regions altogether, or go belly up. The states’ respective insurers of last resort are struggling to keep up with demand from policyholders looking for coverage ...
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Integrated Specialty Coverages (ISC), a data and tech-forward, multi-line insurance program administrator, is continually working on enhancing the customer experience for our broker partners. To this end, we are developing a new platform, ISCX, to host native and non-native programs and products, enabling brokers and wholesalers to access ISC from one central point for all ...
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If you haven’t established a road map for agency growth for 2023, it’s time to put pen to paper and make a plan. There are the usual things to consider, along with some additional items that will play a role in your strategic planning. Let’s review some of them. Know Your Vision Document your vision for the ...
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In a previous article, we discussed the need for clients to carry Excess Liability insurance. Social inflation, driven by third-party litigation funding, tort reform rollbacks, and the propensity among the public to sue and its distrust of companies, has prompted large settlements and jury awards. According to Swiss Re analysis, between 2014 and 2021, the ...
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Today’s legal environment continues to be impacted by social inflation, which is characterized by various factors, including third-party litigation funding, tort reform rollbacks, plaintiff-friendly juries, and public distrust of companies, all driving larger settlements and jury awards – and, inevitably, the need for additional Liability insurance. For example, according to the National Law Journal‘s Top 100 ...
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Some habits are hard to break, including the traditional method for insurance agencies to submit new insurance applications. Agents have traditionally completed Acord apps and supplemental forms which are sent via email or uploaded as PDFs to a carrier’s or MGA’s website for review. But in recent years with the advent of insurtechs that have ...
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In discussing General Liability (GL) insurance with a contractor, it’s important to go over the fundamentals such as what’s covered, how coverage is triggered, policy limits, any exclusions, etc. It’s also critical you discuss how the premium for the policy is determined and the audit process involved once the policy term ends. An insurance audit is ...
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Some habits are hard to break, including the traditional method for insurance agencies to submit new insurance applications. Agents have traditionally completed Acord apps and supplemental forms which are sent via email or uploaded as PDFs to a carrier’s or MGA’s website for review. But in recent years with the advent of insurtechs that have ...
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The pandemic altered many consumer behavioral patterns, with various industry sectors having to pivot to accommodate these changes. One of the most significant consumer changes, according to a McKinsey report, is the rise in at-home consumption. Homes have become the new café, restaurant, and entertainment venue, says the report. This nesting trend has continued post pandemic, ...
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When most people think of U.S. production shoots for movies and television shows, they think of California (Hollywood) and New York. Add Georgia to the list, as well as some international locales. It’s important to know where shoots are taking place, particularly when writing film production insurance. Georgia on My Mind Georgia is where dozens of movies ...
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E-Sign Capabilities Bring Efficiencies and More to Your Agency, Brokerage Electronic signatures, or e-signatures, are a fast and legally binding way to approve electronic documents without having to print, scan, or mail (via post) anything. An electronic signature is essentially a process in which computers authenticate the signatory and certify the document’s integrity. It is secure, ...
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Event Insurance Protects When the Best Day Turns into the Worst For years afterward, Angela and Dev’s wedding was called “the one where the couple got hitched, the bride got stitched, and the guests’ stomachs pitched.” When the two decided to tie the knot, they envisioned bringing their diverse family cultures together in every way imaginable-from ...
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In today’s fast-paced, hyper-competitive commercial insurance environment, market access to tailored programs for specialty niches supported by a streamlined online submission-quote-bind-policy issuance platform is critical in driving greater growth for brokers. Our commitment at Insurance MGA Integrated Specialty Coverages, LLC (ISC) is to deliver best-in-class insurance programs supported by the latest in technology advances. With ...
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Fifty of ISC’s top brokers will join us at our Broker Council in Louisville, Kentucky, May 22-23. The Broker Council includes several esteemed guest speakers, including Tahl Raz, an award-winning journalist who has written for Inc. magazine, GQ, Harvard Business Review, and other prominent publications. He is a number-one New York Times best-selling writer of ...
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We are proud to announce that we are among Insurance Business America’s (IBA) top wholesale brokers and MGAs in 2024, an accolade we have achieved three years running. Each year, IBA recognizes the cream of the crop in providing vital coverage solutions to clients. IBA’s evaluation process involves a nationwide survey of retail brokers to identify ...
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At ISC, we believe in the strength of our partnerships. That’s why we’re thrilled to introduce our new initiative, the ISC Platinum Circle, to celebrate and reward our broker partners who go above and beyond in driving sales success. The ISC Platinum Circle is a community of top-performing ISC brokers. Brokers who reach the production goals ...
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Women’s History Month is a celebration of women’s contributions to history, culture, and society and has been observed annually in March in the U.S. since 1987. In honor of Women’s History Month, we’re highlighting the achievements of several women in leadership positions at ISC. In speaking with each of them and discussing their career trajectories, ...
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While you may have specialty programs, strong carrier relationships, competitive rates, and plenty of experience to offer clients, marketing your services is crucial to sealing the deal. Unfortunately, posting once in a blue moon on social media or writing a great blog post every quarter simply doesn’t cut it. To win over new clients and ensure ...
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At ISC, we are continually working to streamline and automate our processes to make life easier for you. Here are just a few of the new OMGA features we recently launched. ISCx Marketplace: Our Quote Everything Landing Page The ISCx Marketplace is a one-stop shop for all ISC coverages. Each of our programs is listed on one ...
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