Word & Brown

JUNE 13, 2025

Accuracy and attention to detail: When dealing with policyholder information, policy details, claims, and other important information, accuracy matters. Be sure to read Jim Pippins’ blog this month about Hiring Strategies for Insurance Brokers: Finding the Right Talent for Your Agency for other tips. So does adherence to HIPAA.

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Out-Of-Pocket License Broker-Agent Insurer 52

American Agents Alliance

DECEMBER 3, 2024

Agents, brokers, carriers, vendors, and others across the insurance ecosystem regularly share content, advertise, and engage with customers on various social media platforms. But for agents and brokers, the social media E&O risks should be considered before engaging on social media. Confidentiality issues.

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Broker-Agent Broker Agents Risk 40

ProWriters

FEBRUARY 23, 2025

But these policies may not always offer the levels of protection purchasers think they do. The gray zone poses significant challenges for not only legal frameworks but also insurance policies. The exclusion is also a competitive variable for companies choosing a Cyber Insurance policy.

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Cyber Insurer Insurance Insured 53

American Agents Alliance

SEPTEMBER 30, 2024

This is a role insurance agents often play — and disaster planning is always more effective when it is proactive. Learn more about how to help policyholders prepare for the unexpected with helpful tips. Provide a checklist so your policyholders can easily keep track of personal property.

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Policyholder Broker-Agent Personal Property Agents 40

Simply Insurance

JUNE 12, 2025

How Much Is A $100,000 Life Insurance Policy? By Licensed Agent Sa El Reviewed by Sa El Edited By Sa El Updated: June 16, 2025 Licensed Agent Disclosure IN THIS ARTICLE Heading 2 Example Heading 2 Example Finding the right disability insurance quotes can be a daunting task, but it doesnt have to be. Agents not required.

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ProWriters

FEBRUARY 7, 2025

For both of these reasons, artificial intelligence is reshaping cyber security strategiesincluding Cyber Liability policies. No insurance broker or agent today can afford to ignore the presence of artificial intelligence in cyber security. Become a registered ProWriters broker today.

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Cyber Broker-Agent Broker Liability 53

American Agents Alliance

APRIL 17, 2025

Learn more about digital risks in 2025 and how agents and brokers can help policyholders manage these exposures with cyber insurance. Rather, it should be a core part of any policyholders risk management plan. Agents can be the experts when it comes to educating policyholders about their individual digital risks.

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Cyber Agents Risk Broker-Agent 52

American Agents Alliance

JANUARY 11, 2025

As stories of resilience and courage emerge and the fires are contained, agents and brokers provide critical insurance support for policyholders. Agents are critical in educating policyholders to help close the coverage gap and ensure those at high risk have sufficient insurance protection.

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Insurance Industry Risk Broker-Agent Policyholder 52

American Agents Alliance

MAY 15, 2025

Policyholders are enjoying recreational activities like pools and backyard BBQs, hosting family and friends, and traveling to local events and weekend getaways. While fun, these activities can increase summertime risks for policyholders. Some exposures heat up in the hot weather. Wildfire and drought-related property risks.

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Risk Policyholder Broker-Agent Cyber 52

American Agents Alliance

MARCH 19, 2025

Data-driven decision making can help improve retention rates by helping agents understand policyholder behavior and make adjustments proactively, before customers shop for other options. How to Use Data Analytics to Keep Policyholders Engaged Retaining a policyholder long-term leads to recurring revenue and an ongoing referral source.

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Agents Insurance Agents Insurance Agent Policyholder 52

American Agents Alliance

JUNE 24, 2024

With innovations changing the way policyholders buy insurance, interact with their agents, and file a claim, the entire ecosystem looks and feels different than in the past. Utilizing technology to streamline agency operations and processes is a strategy agents and brokers can use to embrace change and use it to their advantage.

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Insurance Agency Broker-Agent Agents Policyholder 52

American Agents Alliance

JULY 12, 2024

Independent agents and brokers can differentiate their services by providing exceptional customer service. This can help agents to find new customers, but often more importantly, providing great service aids in customer retention. Provide clear and transparent communication with policyholders. Seek feedback often.

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American Agents Alliance

JANUARY 17, 2025

Policyholders are looking for more than just the best rate for their insurance coverage. Agents who position themselves as risk resilience experts can help policyholders become more educated and aware of how to improve their risk exposure and reduce the potential of losses. Conduct personalized risk assessments.

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Risk Policyholder Broker-Agent Agents 52

American Agents Alliance

APRIL 28, 2025

This means they need access to agents and brokers who understand their specific needs and concerns. With over 33 million small businesses in the US, the small commercial space could be an untapped market for many independent insurance agents. Tailor coverage to the specific needs of small commercial policyholders.

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Agents Broker-Agent Commercial Policyholder 52

American Agents Alliance

NOVEMBER 9, 2024

Independent P&C agents and brokers who reside and work in this region must also know how to help policyholders manage earthquake risk. Learn more about how agents can help their policyholders manage earthquake risk in this blog. Some policyholders may be unaware of the coverage gap.

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Agents Risk Broker-Agent Policyholder 40

American Agents Alliance

MARCH 9, 2025

For agents and brokers, this is a significant opportunity to grow their business while better serving an evolving market. Womens Financial Empowerment and the Opportunities for Agents Women have historically been an underserved market in the insurance industry as men have been the primary decision makers in households.

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Agents Insurance Agents Insurance Agent Broker-Agent 52

American Agents Alliance

NOVEMBER 17, 2024

Rising temperatures, extended periods of drought, and the increasing frequency and severity of wildfires and other severe storms are reshaping insurance coverage and policyholder needs. Learn more about the impacts of climate change on E&O exposures for P&C agents and brokers. Underinsurance and Coverage Gaps.

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Agents Broker-Agent Policyholder Risk 40

American Agents Alliance

OCTOBER 18, 2024

Tough insurance markets make managing the industry a challenge for independent agents and brokers. These challenging conditions call for a strategic approach focused on policyholder needs. Read on to learn more about how agents and brokers can best manage tough insurance markets.

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Agents Broker-Agent Policyholder Broker 40

Property Insurance Centre

MARCH 19, 2024

It empowers individuals to make informed decisions about insurance coverage and understand their policy rights. By being knowledgeable about insurance products, policy terms, and coverage options, consumers can choose policies that best suit their unique needs. This guide draws on some information from America as well as the UK.

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Property Insurance Policyholder Insurer Insurance 52

American Agents Alliance

OCTOBER 4, 2024

Insurance customers expect a hybrid insurance experience — and agents and brokers can provide this for them. Today’s policyholders have higher expectations than ever before and they are familiar with using intuitive, advanced tech in their personal lives. The digital and traditional processes should complement each other.

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Broker-Agent Policyholder Agents Insurer 40

American Agents Alliance

NOVEMBER 15, 2024

Developing and maintaining strong, trusting carrier relationships is essential for an independent agent or broker. Collaborative partnerships with carriers improve service for policyholders, enhance an agency’s growth potential, and provide learning opportunities for agents.

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Building Agents Broker-Agent Policyholder 40

American Agents Alliance

OCTOBER 24, 2024

The lawsuit, filed in Alameda County Superior Court, argues that the FAIR Plan’s handling of smoke claims falls short of the legal standards for fire insurance policies mandated by state law. In reality, the plaintiffs argue, the changes resulted in more denied claims and less protection for homeowners.

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Damage Claim Broker-Agent Policyholder 40

American Agents Alliance

OCTOBER 8, 2024

Effectively managing these risks is a critical part of agency operations for any independent agent or broker. These technologies have changed how agents and brokers manage risk and advise policyholders, introducing the potential for new E&O claims. Historical data can be useful to agents, as well.

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Claim Broker-Agent Agents Broker 40

American Agents Alliance

JULY 5, 2024

Agents and brokers can leverage data analytics to help reduce their E&O risk and mitigate losses in several ways. Ways to Leverage Data Analytics to Mitigate E&O Risk Here are some actionable ways independent agents and brokers can use data to mitigate their E&O risk.

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Risk Broker-Agent Agents Policyholder 40

American Agents Alliance

OCTOBER 14, 2024

Understanding millennial insurance buyers and their motivations is critical for agents and brokers selling to this demographic. How to Sell to Millennial Insurance Buyers Here are some ways agents and brokers can find success when selling insurance to millennials: Understand the preferences and buying behaviors of millennials.

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Agents Broker-Agent Policyholder Insurer 40

Zywave

NOVEMBER 6, 2024

Brokers can now leverage industry data and loss profiles from similar organizations to provide their clients with more sophisticated insight into coverage limit adequacy and potential loss gaps. ” The Cyber Quoting benchmarking and limit adequacy insights are powered by Zywave’s Commercial Analytics data.

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Cyber Broker-Agent Broker Commercial 52

Smart Insurance Agents

DECEMBER 9, 2024

To determine the best short term health insurance plan for your specific needs, it is advisable to consult with insurance brokers or seek guidance from licensed insurance professionals who can provide personalized recommendations based on your unique circumstances. List of Short Term Health Insurance Illinois 1. .

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American Agents Alliance

JUNE 10, 2024

Independent agents and brokers need to keep up with these changes, particularly as innovations affect trends in E&O insurance. Policies have to change to keep up with technology and other risks and opportunities. Increased customizations will be available with E&O policies.

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Broker-Agent Cyber Agents Policy 40

Protect Commercial Insurance

MAY 13, 2021

This includes recommending a specific insurance policy to a customer. This covers a range of activities – for example, introducing a customer to an insurer or insurance broker, helping someone fill in an application form and sending a customer’s application to an insurer. Dealing in investments as agent.

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Commercial Insurance Commercial Insurer Insurance 52

Majesco

FEBRUARY 15, 2024

Turnarounds of weeks or days to evaluate, quote, and bind policies are simply not acceptable in today’s hyper-competitive market. Carriers must balance speed and accuracy to deliver precise risk evaluation, with the expectation and result of comprehensive and fair premium pricing for both the insurer and its policyholders. Let’s

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Policyholder Broker-Agent Risk Broker 40

Property Insurance Centre

JANUARY 4, 2024

To ensure adequate coverage, property owners should stay informed about the latest trends and collaborate closely with their insurance brokers to navigate the evolving property insurance landscape. This helps to mitigate the risk of underinsured properties and ensures that policyholders have adequate coverage in place.

Property Insurance 52

Property Insurance Commercial Property Liability Insurer 52

Property Insurance Centre

SEPTEMBER 25, 2024

See what is not covered in terms of events/damage for your policy and think about getting flood insurance or accidental damage insurance if desired. Accidental damage is not usually covered by a normal building insurance policy. – Failure to read particular policy documents. – Picking a low excess. What is Covered?

Building 52

Building Insurer Insurance Insured 52

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

Louisiana Insurance Commissioner Tim Temple – a self-described “unicorn” among insurance regulators, given his decades-long background in the industry as an agent, broker, and company president – even renamed programs to address “legal system abuse” when he assumed office in January. Clear communication is key, the participants agreed.

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Out-Of-Pocket Broker-Agent Premium Claim 64

Cover4LetProperty

OCTOBER 10, 2022

That is to say, you (or your agent) are without a criminal record and have no convictions for breaching landlord laws, regulations, or codes of practice. You might also want to consult a letting agent about a realistic rent for the property you are offering. What are let property insurance brokers?

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Insurer Insurance Insured Building 52

Distinguished

NOVEMBER 7, 2024

Insurance Products: Insurance transfers risk from the insured (policyholder) to the insurer (insurance company). The risk transfer is essentially from the insured to the insurer, with no expectation of reimbursement from the insured for claims paid out, except in cases of fraud or violation of policy terms.

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Claim Compensation Risk Broker-Agent 52

Majesco

APRIL 25, 2024

Policy management flows smoothly from shortstop (underwriting) to second base (billing) to first base (customer service). When a policyholder feels heard, when a claim is resolved swiftly, when premiums align with value—those are the grand slams insurers aim for. The ball never hits the dirt.

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Premium Underwriter Underwriting Claim 40

Redbird Agents

JULY 9, 2024

If selling insurance was so easy, then why is it that roughly 10 percent of the independent insurance agents generate the vast majority of the sales? Are all independent agents good salespeople? Why Do Insurance Agents Fail? It’s a common misconception that becoming an insurance agent is an easy path to success.

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