American Agents Alliance

APRIL 3, 2025

While the relationship between tariffs and insurance costs can seem unrelated, tariffs can increase costs for insurers and policyholders. Read more to understand this relationship and how agents can help policyholders manage this uncertainty. Here are some ways agents can help: Educate policyholders about costs and rising premiums.

Agents 52

Agents Policyholder Premium Auto Insurance 52

Property Insurance Coverage Law

SEPTEMBER 1, 2024

Trade credit insurance is a risk management tool that protects businesses against losses from unpaid invoices or accounts receivable. It covers a company’s trade receivables in case a customer fails to pay due to insolvency, bankruptcy, default, or other reasons specified in the policy.

Property Insurance 184

Property Insurance Insurer Insurance Insured 184

Zywave

JUNE 10, 2025

Zywave, a leading insurance technology provider, today announced its 2025 Summer Launch, introducing a suite of advancements designed to drive profitable growth and empower insurers and brokers in an environment of escalating risk.

Commercial Automobile 52

Commercial Automobile Broker Commercial Policy 52

Cowbell

MARCH 30, 2025

He who is not courageous enough to take risks will accomplish nothing in life. Accompanying this momentum is an ever-growing global risk pool, spanning over 50 million SMEs across the US, UK, Australia, and beyond. Expect the Cowbell name to remain synonymous with innovation, reliability, and proactive cyber risk management.

Cyber 64

Cyber Underwriter Underwriting Policyholder 64

American Agents Alliance

JANUARY 4, 2025

Establishing strong, trusting policyholder relationships drives long-term success for many agents and brokers. However, these relationships can also lead to unintended risks, like the possibility of E&O claims if professional boundaries are missed. Practice active listening techniques to learn more about policyholder needs.

Policyholder 52

Policyholder Broker-Agent Agents Claim 52

American Agents Alliance

MAY 6, 2025

Find out more about how agents can help policyholders manage catastrophic weather events in this blog. Talk with policyholders before the next storm or wildfire hits. It is better to discuss coverage needs and disaster preparedness before there is an imminent risk of danger. Identify and close coverage gaps.

Policyholder 52

Policyholder Agents Business Interruption Risk 52

Cowbell

MAY 29, 2025

MFA reduces the risk of unauthorized access by over 99.9%. Cybersecurity training reduces risk and saves money. Cowbell partners with Wizer to offer microlearning videos and phishing simulations for all policyholders at no additional cost during their first policy year. 7 Steps to Build Cyber Resilience 1.

Cyber 59

Cyber Building Business Interruption Risk 59

American Agents Alliance

MAY 19, 2025

Here are four common policy assumptions that can lead to E&O claims, and tips to help agents avoid them: Assuming coverage will carry over from a prior policy. Even a policy with the same carrier may differ from year to year. Policies may even have the same or similar names, but could offer vastly different terms.

Policy 52

Policy Claim Policyholder Agents 52

P&L Financial Services

AUGUST 29, 2024

Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies. This training covers everything from the basics of Medicare to the nuances of various plans and policies. This variety keeps the work interesting and dynamic.

Policyholder 52

Policyholder Risk Agents Insurer 52

American Agents Alliance

APRIL 17, 2025

As technology advances, so do the risks and exposures associated with digital products. These risks are a daily threat to businesses and individuals. Ransomware, phishing attempts, and AI-generated fraud, cyber risks are evolving faster than most people and organizations can keep up.

Cyber 52

Cyber Agents Risk Broker-Agent 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. Wildfire and drought-related property risks. Losses from summer activities.

Risk 52

Risk Policyholder Broker-Agent Cyber 52

Simply Insurance

JUNE 12, 2025

How Much Is A $100,000 Life Insurance Policy? With the right tools and information, you can easily compare rates and find a policy that suits your needs. These platforms provide comprehensive tools and resources to help you find the best policy for your needs. For those seeking longer coverage, a 5-year policy might be ideal.

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American Agents Alliance

JANUARY 11, 2025

The recent Eaton and Palisades fires in the greater Los Angeles area are evidence of the increasingly prevalent wildfire risk in California. As stories of resilience and courage emerge and the fires are contained, agents and brokers provide critical insurance support for policyholders.

Insurance Industry 52

Insurance Industry Risk Broker-Agent Policyholder 52

American Agents Alliance

JANUARY 17, 2025

Policyholders are looking for more than just the best rate for their insurance coverage. Many want a trusted insurance advisor to help them understand their risks and how to become more resilient. Read on to learn ways to become a risk resilience expert and optimize customer retention. Conduct personalized risk assessments.

Risk 52

Risk Policyholder Broker-Agent Agents 52

PSM Brokerage

FEBRUARY 27, 2025

The Birthday Rule is gaining traction across the country, allowing Medicare Supplement policyholders to switch plans without medical underwriting around their birthday each year. Reduced underwriting can lead to higher premiums , increased policy lapses, and fewer carriers remaining in the market. in 2024 vs. 13.0%

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Underwriter Underwriting Policyholder Premium 52

InsuredMine

JULY 19, 2024

Insurance agencies once focused primarily on assessing risks, underwriting policies, and managing claims. Understanding Predictive Churn Analytics Predictive churn analytics is revolutionizing the insurance sector by enabling companies to shift their focus from traditional risk assessment to proactive customer retention strategies.

Risk 59

Risk Policyholder Insurer Insurance 59

Distinguished

MARCH 20, 2025

Additionally, defects in windows, doors, handrails, and stairs not only contribute to drafts and security concerns but also increase the risk of falls. Blocked emergency exits or fire escapes and electrical hazards, including exposed wiring or overloaded circuits, further compound these risks.

Broker 52

Broker License Insurance Broker Risk 52

Zywave

NOVEMBER 13, 2024

But with growth opportunities comes risk. We’re prepared to help you grow your distribution network, power your decision making with industry-leading data and insights and empower your teams and policyholders with industry knowledge and expertise. And your own first-party data isn’t going to get you there.

Cyber 97

Cyber Policyholder Insurer Insurance 97

ProWriters

FEBRUARY 23, 2025

But these policies may not always offer the levels of protection purchasers think they do. Security experts also believe China and Iran pose significant cyber risks. The gray zone poses significant challenges for not only legal frameworks but also insurance policies.

Cyber 53

Cyber Insurer Insurance Insured 53

American Agents Alliance

MARCH 3, 2025

New efficient processes and workflows for underwriting, claims, policy administration, billing, and customer service have been implemented across the industry. However, for agents and brokers, these new AI-driven processes can introduce new E&O risks to mitigate and manage.

Broker-Agent 52

Broker-Agent Broker Agents Risk 52

ProWriters

FEBRUARY 7, 2025

At the same time, AI makes improved risk assessment and protection against cyber threats possible. For both of these reasons, artificial intelligence is reshaping cyber security strategiesincluding Cyber Liability policies. By reducing false positives, it helps insurers assess actual risk exposure.

Cyber 53

Cyber Broker-Agent Broker Liability 53

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. This requires experience, expertise, and a proactive approach to risk management and mitigation. Learn more about how agents can help their policyholders manage earthquake risk in this blog.

Agents 40

Agents Risk Broker-Agent Policyholder 40

American Agents Alliance

FEBRUARY 14, 2025

Policyholders benefit from their agents expertise and knowledge when cross-selling is done well. Learn more about the ethics of cross-selling and how to use it to help policyholders in this blog. It can be a very beneficial practice for agents and policyholders alike when done ethically. Conduct a thorough risk assessment.

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Broker-Agent Insurance Agents Insurance Agent Broker 52

LexisNexis

MAY 28, 2025

Learn about response strategies for coverage counsel to consider as insurers brace for litigation and policyholders prepare to push back on denied claims. Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area.

Commercial Property 40

Commercial Property Property Insurance Commercial Insurance Policy 40

American Agents Alliance

SEPTEMBER 30, 2024

Learn more about how to help policyholders prepare for the unexpected with helpful tips. How to Help Policyholders With Proactive Disaster Planning An important start to disaster planning is considering whether or not a potential loss would be covered by insurance. Provide expert educational services for policyholders.

Policyholder 40

Policyholder Broker-Agent Personal Property Agents 40

Distinguished

MARCH 6, 2025

Insurers view these violations as signs of deferred maintenance and increased risk. Additionally, even if insurance is provided, policies may come with exclusions that specifically limit coverage for risks related to unresolved violations. Are there specific types of insurance that are more sensitive to these housing violations?

Building 59

Building Damage Insurance Broker Policy 59

American Agents Alliance

DECEMBER 8, 2024

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. Read more about 2025 insurance trends and consider how these risks and opportunities may impact your agency.

Broker-Agent 40

Broker-Agent Agents Broker Risk 40

LexisNexis

JUNE 10, 2025

Explore property insurance considerations that arise when an insured’s basement weed operation isn’t in the policy. Cannabis Insurance for MRBs: Guidance on Coverage and Exclusions for Policyholders and Insurers Discover the specifics of representative insurance policies that MRBs routinely need. Experience Lexis+

Commercial Property 40

Commercial Property Commercial Policyholder Policy 40

Distinguished

MARCH 19, 2025

Mold & Water Damage are also major concerns; leaks or excessive moisture can lead to mold growth that poses health risks. Additionally, Electrical Hazards like exposed wiring or unpermitted electrical workpose serious safety risks. Insurers view these violations as signs of deferred maintenance and increased risk.

Building 52

Building Broker Damage Insurance Broker 52

Triple-I: Business Insurance

JUNE 8, 2022

With this in mind, 73 percent of policyholders said they consider climate change one of their primary concerns, compared with 40 percent of insurers. With this in mind, 73 percent of policyholders said they consider climate change one of their primary concerns, compared with 40 percent of insurers.

Policyholder 40

Policyholder Risk Underwriter Underwriting 40

American Agents Alliance

DECEMBER 3, 2024

But for agents and brokers, the social media E&O risks should be considered before engaging on social media. Understand Social Media E&O Risks Social media is a great way to meet consumers and develop the brand of an agency, but mistakes can turn into costly E&O claims. Include social media E&O risks in your training.

Broker-Agent 40

Broker-Agent Broker Agents Risk 40

Wren Insurance Agency

NOVEMBER 13, 2024

A surplus lines company is a type of insurer that provides coverage for risks that are unavailable through standard, licensed carriers. Costs can be higher for policyholders and if a surplus lines carrier goes insolvent, existing claims will not be paid by the State. This is where "surplus lines" insurance comes in.

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Insurance Carrier Insurer Insurance Insured 75

Triple-I: Business Insurance

APRIL 24, 2023

In a recent interview with Triple-I CEO Sean Kevelighan, Harger discussed the importance of preparing for and preventing damage from this risk, which is second only to flooding when it comes to costly weather events. Nearly $1 billion in lightning claims was paid out in 2018 to almost 78,000 policy holders, according to LPI.

Risk 52

Risk Business Interruption Damage Protection 52

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. Improve underwriting accuracy using data.

Risk 40

Risk Broker-Agent Agents Policyholder 40

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.

Agents 52

Agents Insurance Agents Insurance Agent Policyholder 52

ProWriters

JUNE 4, 2025

Modern Cyber policies need to do more than cover lossesthey need to actively prevent them. Coalition combines coverage with hands-on support , making it easier for brokers to offer policies that do both. That speed has helped Coalition recover more than $101 million in stolen funds for policyholders.

Insurance Broker 61

Insurance Broker Cyber Broker Protection 61

LexisNexis

APRIL 1, 2025

Learn how to specify the insurance to be obtained in a building contract so coverage for construction risks is maximized. Impact of Climate Change on Coverage under Builder's Risk Insurance Policies for Renewable Energy Projects Explore issues that might arise under a standard builder's risk insurance policy.

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Commercial General Liability General Liability Commercial Liability 40