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Inside View: Construction Market Recap
We’ve taken a look at several construction sectors and the anticipated outlook for each based on a number of factors, including government, private, and consumer spending. Single-Family Residential, Home Improvements Higher federal interest rates and an elevated pace of inflation…
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Insurance Professionals Leverage LinkedIn for New Business, Sales
Social media platforms are powerful and effective tools to build and nurture relationships for insurance professionals, including insurance agents and other industry leaders. Social media is a way to reach and connect with a broader network of individuals – including…
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The Read On What To Read In 2022
Best Business Books to Read for Insurance Professionals No matter where you are in your life, we can all use inspiration and motivation. The same goes for our careers – whether you’re the CEO of a large insurer, agency, or…
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Where Are Movie Shoots And Productions Taking Place Today?
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…
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Market Recap: Petroleum Distribution Excess Liability
The petroleum distribution excess liability insurance market has been hard for the last few years, albeit it has softened somewhat this year as compared to 2021. Social inflation – fueled by nuclear verdicts, litigation funding, pro-plaintiff, anti-corporation jury sentiment, and…
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An Inside View Into The Difference Between Homeowners and Vacant Property Insurance
Too often, homeowners don’t realize that if they leave their home vacant for a specific period of time, they are leaving themselves unprotected in the event of a loss. A vacant property is one without any personal property in it.…
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How To Improve Your Presentation Skills And Give An Engaging Presentation
Knowing how to deliver an effective presentation is an essential tool in the skill set of a successful insurance agent or broker. Honing your presentation skills can take your presentation from merely good to great. This is because the more…
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The Shape Of Work In The Insurance Industry: Remote Work Or In Office?
Prior to 2020, remote work was typically associated with freelancers and employees whose companies had multiple locations and were open to providing workplace flexibility. When the pandemic hit, remote work became a lifesaver for professionals across every industry including insurance.…
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Look At What’s Up: Drones In The Construction Industry
Drones, or Unmanned Aerial Vehicles (UAVs), are increasingly being utilized to help project owners and contractors manage construction sites. Operating with a bird’s eye view, drones can help increase worker safety, boost efficiency, and monitor every stage of a project’s…
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On The Road: Dashcam Use On Trucks Helps Reduce Insurance Claims, Achieve Better Outcomes
Trucking companies of all sizes can face an onslaught of insurance claims and lawsuits, ranging from backup incidents and sideswipes to major and fatal accidents. Over the last several years, trucking companies have been hard hit by litigation and nuclear…
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Restaurant, Bar, Tavern, & Nightclub Insurance Market Recap
The days of having to make a reservation way ahead of time to get into a well-known fine-dining establishment have returned. Bar seats at many restaurants are now occupied, and families and friends are enjoying nights out at their favorite…
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10 Best Training Tips For Business Leaders To Generate More Sales
The insurance industry offers business leaders, insurance agents, sales producers security and stability, an opportunity to earn a great living, and the ability to learn about – and get involved with – diverse industry sectors. At the same time, it’s…
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Productions Back In Business Post COVID Shutdown
When the pandemic hit in March 2020, it seemed like everything came to a standstill including productions on movies, television shows, and commercials. Broadway also hit the pause button. In 2020, the number of original scripted TV shows across broadcast,…
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Benefits Of Outsourcing For Insurance Programs
The pandemic illustrated that, for many businesses, their operations can continue to run smoothly with people working remotely. This was particularly true for the insurance industry, which was able to pivot during the mandatory lockdown and, for the most part,…
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Gaining Efficiency With E-Sign
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…
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Event Insurance For Wedding Bell Blues
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…
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It’s Time To Talk Ex-Mod And How To Improve It
When explaining a Workers’ Comp insurance program and how the premium is determined, once an insurance agent begins reviewing the experience modification factor (ex-mod), often you’ll recognize a familiar gaze that comes over a client’s face. This is especially true…
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Data In The Insurance Industry
The Benefits of Big Data to the Insurance Industry and Insurance Programs The insurance industry has always been driven by data, and today increasingly so with the availability of more data. Using aptly named “big data,” the industry is in…
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Why Branding Is So Important
Some business owners may think branding is only for behemoth companies and doesn’t necessarily apply to them. It doesn’t matter whether you are catering to a local or niche market, are an insurance MGA, or a large brokerage with a…
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Top 4 Factors That Impact Commercial Business Insurance Costs
There are several factors that go into determining commercial insurance premiums for businesses to protect against lawsuits, property damage, accidents, and other events and hazards that may arise. The following are four factors used to calculate how much business insurance…
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AI And Machine Learning: Game-Changing For Insurance Industry
Artificial Intelligence (AI) and Machine Learning (ML) are transforming the insurance industry in a number of critical ways. AI is a branch of computer science that develops machines to mimic human intelligence and solve problems faster and more accurately than…
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