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After the Renewal — Five Renewal Service Tips For Existing Policyholders

American Agents Alliance

The busy July renewal season has recently ended, and for many P&C agents, this time of year can be like running a marathon. But it is often the time after renewal that matters more to the long-term policyholder relationship and retention of the account. Send a brief coverage summary to policyholders after renewal.

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How to Avoid Coverage Gaps That Can Lead to E&O Claims

American Agents Alliance

Policyholders often do not fully understand their policy or notice potential coverage gaps, yet they may expect to have coverage if they suffer a loss. This is where agents and brokers play a critical role in helping identify and close potential coverage gaps.

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How Agents Can Offer Risk Management Solutions That Save Clients Money

American Agents Alliance

Agents can differentiate themselves and add value to their services by helping policyholders proactively manage risk, not just insure it. Risk management solutions can help lower a policyholders total cost of risk and increase retention. When risks are managed well, policyholders can save money on premiums.

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E&O Risks When Clients Misunderstand Their Coverage Needs

American Agents Alliance

This can create additional E&O risks for agents and brokers, however, when a policyholder misunderstands their coverage needs or policy language. Learn more about this growing challenge and how to help prevent E&O claims arising from policyholder misunderstandings.

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How Agents Can Leverage Technology to Compete with Direct Writers

American Agents Alliance

Independent P&C agents and brokers fill a special niche in the insurance marketplace. Independent agents offer other advantages, with the ability to provide a strong relationship and a hyperpersonalized customer experience driven by technology. The strength of relationships is a positive selling point for independent agents.

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How to Gain a Performance Multiplier – 5 Criteria for Success

Zywave

Insurers, agents and brokers are grappling with rapidly evolving risks that are becoming increasingly complex. Insurance and broker executives face a critical strategic question: how can they continuously calibrate their business to compete amidst growing uncertainty, new risks, and structural economic changes?

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Distinguished Programs and Wright Flood Team Up to Offer Flood Coverage for Community Associations 

Distinguished

Wright Flood’s expertise in the Flood insurance market enhances the value brokers can deliver to their clients. With this integration, brokers can easily add Flood coverage through Wright Flood after submitting an eligible Community Associations application. Where it can rain, it can flood.