
The Unexpected Ways Global Supply Chain Issues Affect Property Insurance
We’ve all heard the headlines about supply chain disruptions—cargo ships stuck at sea, factory shutdowns, and component shortages. But how do these unexpected global supply chain issues impact your property insurance business? If you’re an insurance agent, you might not […]
GLP-1 Drugs in Health Plans – How It Affects Your Business
Health plans are constantly evolving, and as agents, we need to keep pace with the latest developments. One of the most significant changes we’re seeing right now is the increasing inclusion of GLP-1 drugs in health insurance plans. These drugs, […]
The Modern Insurance Consumer – Trends You Need to Know
The insurance industry is in a constant state of flux, and if there’s one thing we’ve learned, it’s that modern insurance consumers’ demands are evolving faster than ever before. As insurance agents, we need to stay ahead of these changes. […]
Why Usage-Based Auto Insurance is Gaining Popularity Among Drivers
More drivers are gravitating towards usage-based auto insurance (UBI), and this trend isn’t showing signs of slowing down. But what’s fueling this surge in popularity? To understand the driving forces, we need to dive into the specifics of how UBI […]
Why Sidecar Reinsurance Transactions Are Gaining Popularity in 2024
In 2024, the insurance industry has witnessed a remarkable rise in the popularity of sidecar reinsurance transactions. These financial instruments, which allow insurers to transfer risk to third-party investors, have become a critical tool for managing underwriting capacity and capital […]
The Power of Offering Ancillary Products in the Insurance Market
The insurance market today is an evolving beast, teeming with opportunities and challenges alike. As insurance agents, you’re undoubtedly aware of the core products that drive your business: life insurance, health insurance, auto insurance, and more. However, if you’re not […]
Understanding Reinsurance – Key Insights Every Insurance Professional Should Know
Understanding reinsurance can be like trying to piece together a complex puzzle. If you’re an insurance agent, you might have encountered this term and wondered what it entails and how it impacts your business. Let’s dive deep into the world […]
New Techniques in Fraud Prevention and Detection for 2024
Fraud prevention and detection have become paramount concerns in the ever-changing landscape of insurance. It’s no secret that fraudsters are getting smarter, and their tactics more sophisticated. As insurance professionals, we need to stay one step ahead. So, what are […]
Why More Companies are Opting for Self-Insurance in 2024
In 2024, a growing number of companies are gravitating towards self-insurance, transforming the landscape of risk management. This strategic shift highlights the growing needs of businesses to control costs, enhance flexibility, and tailor coverage to specific requirements. As we dig […]