
The Impact of the recent Southern California Wildfires on the Market
The recent Southern California wildfires have significantly influenced the insurance sector. Major insurers, including AIG and Allstate, are anticipating substantial financial losses due to the extensive damage. AIG projects losses of $500 million, while Allstate estimates around $1.1 billion. These […]
Indexed Universal Life Insurance – A Growing Trend
In recent years, we’ve observed a substantial shift in the life insurance industry, with Indexed Universal Life (IUL) insurance gaining significant traction. According to industry reports, the universal life insurance market is projected to reach $280.4 billion by 2032, growing […]
FastrackCE Celebrates 25 Years of Excellence in Insurance Continuing Education
As published on PRNewsWire: An industry leader in online insurance CE marks a quarter century of innovation, serving professionals across 34 states FAIRFIELD, Calif., Feb. 19, 2025 /PRNewswire/ — FastrackCE, a trusted online continuing education solutions provider, proudly marks its […]
How 3D Printing in Property Insurance Shapes Claims Today
Imagine a world where assessing property damage and processing insurance claims become as seamless as pressing ‘print’. That’s the reality we’re stepping into with the advent of 3D printing technology. As insurance professionals, it’s crucial to understand how this innovation […]
Simplified vs. Fully Underwritten Policies: Which Sells Best in 2025?
When we dive into life insurance policy comparisons, two primary underwriting types emerge: simplified issue and fully underwritten policies. Grasping the distinctions between these can significantly influence your sales strategies and client recommendations. Simplified Issue Policy Simplified insurance policies […]
The Future of Critical Illness Insurance – Trends to Watch
When we think about critical illness insurance, it’s easy to picture the traditional coverage that simply provides a lump sum after a diagnosis. But let’s be real—today’s world demands more dynamic and personalized solutions. Thankfully, modern critical illness policies are […]
Boost Sales with AI-powered Cross-Selling & Up-Selling Strategies
The way we approach sales in the insurance industry is evolving at breakneck speed, thanks to advancements in artificial intelligence (AI). Leveraging AI analytics isn’t just a game-changer—it’s a necessity for staying competitive. Let’s dive into how AI-powered cross-selling and […]
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 […]
Charting a Course in Modern Insurance Loss Prevention
The year is 2023, and as insurance professionals, we’re navigating an intricate web of challenges and opportunities. When it comes to insurance loss prevention, the stakes have never been higher. Our policyholders entrust us not just with their assets, but […]