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Streamlining Policy Issuance and Servicing with BPO: Key Benefits for Insurance Carriers

Insurance Journal

In the ever-evolving insurance industry, efficiency and accuracy in policy issuance and servicing are crucial to maintaining competitiveness and delivering a superior customer experience. Insurance carriers are under constant pressure …

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Insurance 101: Understanding Insurance Carrier Terminations

Insurance Journal

In the insurance industry, the term “termination” can refer to a few different things. These occur when an insurance policy runs its course and the … This post is part of a series sponsored by AgentSync. First, there are policy terminations.

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Why Homeowners Insurers Are Unprofitable and What To Do About It: Aon

Insurance Journal

A new report from insurance broker Aon reveals that the prospective return on equity (ROE) for diversified homeowners insurance carriers decreased by 100 basis points to 5.0% from last year’s ROE, despite carriers receiving significant rate increases in 2023/2024. More …

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Clyde & Co: First-Half Carrier M&A Activity Falls to 15-Year Low

Insurance Journal

By Allen Laman The first half of 2024 set a 15-year low for insurance carrier mergers and acquisitions, according to Clyde & Co’s latest Mid-Year Growth Report. The number of insurance carrier M&A transactions completed in the first six months …

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Pro Tips for getting insurance Carrier Appointment for a new agency

Friendly Agent

So you have taken your insurance exam and got a license to sell insurance. Now, you want to start selling insurance? Before you do, you need to get an insurance carrier appointment. What is an insurance carrier appointment? How to get a direct insurance carrier appointment as a new agent?

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Did You Know You Can Change Your Insurance Carrier at ANY Time?

Wren Insurance Agency

When it comes to home and auto insurance - with very few exceptions - did you know that you can change your insurance carrier at any time? Citizens - the State-backed home insurer is one of the only exceptions to this. Your credits for these improvements will vary from carrier to carrier.

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Clyde & Co: First-Half Carrier M&A Activity Falls to 15-Year Low

Insurance Journal

The first half of 2024 set a 15-year low for first-half insurance carrier mergers and acquisitions, according to Clyde & Co’s latest Mid-Year Growth Report. The number of insurance carrier M&A transactions completed in the first six months of this …