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How AI is Changing E&O Risks for Agents and Brokers

American Agents Alliance

AI has rapidly transformed the insurance industry and more changes will continue as the technology and use cases mature. New efficient processes and workflows for underwriting, claims, policy administration, billing, and customer service have been implemented across the industry.

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How to Gain a Performance Multiplier – 5 Criteria for Success

Zywave

The insurance industry is undergoing a fundamental transformation. Insurers, agents and brokers are grappling with rapidly evolving risks that are becoming increasingly complex. To get ahead in this new reality, the “fix needs to be as transformativeeven more sothan the transformation of the industry itself.

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The Insurance Industry Faces Growing Wildfire Risk in California

American Agents Alliance

As stories of resilience and courage emerge and the fires are contained, agents and brokers provide critical insurance support for policyholders. When consumers do not carry sufficient insurance coverage, everyone is at risk. These wildfires have caused historic damage, claimed lives, and threatened communities.

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2025 Insurance Trends, Risks, and Opportunities for Agents and Brokers

American Agents Alliance

2025 will bring new ideas, innovations, and changes to an ever-evolving insurance industry. Driven by rapid advancements in technology, shifting risks, and increasing policyholder expectations, the industry will likely have different products and services by the time 2025 draws to a close.

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Top Skills to Look for When Hiring Insurance Support Staff

Word & Brown

Insurance support staff must have strong time and project management skills, too. Accuracy and attention to detail: When dealing with policyholder information, policy details, claims, and other important information, accuracy matters. That will ensure greater efficiency and lead to increased customer satisfaction.

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The Rising Cost of Litigation — Social Inflation and E&O Risk

American Agents Alliance

One of the most challenging and unpredictable issues facing the insurance industry lately is social inflation. This trend describes the phenomenon of unexpected rising insurance claim costs because of societal trends and views toward litigation.

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Women’s Financial Empowerment — The Opportunities for Insurance Agents

American Agents Alliance

Womens financial empowerment is central to the insurance industry, as their influence is felt across business, investments, and household financial decisions. For agents and brokers, this is a significant opportunity to grow their business while better serving an evolving market.

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