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 […]
Addressing 3 of the Top Life Insurance Misconceptions
It can be a challenge selling people on the importance of life insurance. As an agent, you’ve likely heard all the reasons why someone believes they don’t need coverage. In most cases, people simply don’t have the information they need […]
California’s Fire Insurance Program Faces Challenges and Changes in 2022
As this year’s wildfire season gets underway, homeowners across the fire-prone state of California are bracing for what could be another tumultuous year. Currently, an estimated 198,797 acres have already been burned and 503 structures have been damaged or destroyed, […]
Life Insurance Awareness Month 2022: A Great Time to Increase Your Life Insurance Sales!
Every September, the nonprofit organization Life Happens sponsors Life Insurance Awareness Month (LIAM), a month-long campaign dedicated to helping consumers take personal financial responsibility through the ownership of life insurance and related products. As a life insurance agent, you can […]
Swimming Pools and Insurance: 3 Things Your Homeowner Clients Need to Know
Of the 128.58 million households in the U.S., 10.4 million homeowners have a swimming pool. And while most homeowners insurance policies will cover pool-related claims and liabilities, there are exceptions. Whether your clients already have a pool or are considering […]
Insuring Electric Vehicles: Addressing the Cost of Coverage With Your Clients
The sticker price of electric vehicles (EVs) may have put off consumers in the past, but with prices coming down, manufacturer incentives and potential EV tax credits, more Americans are looking into purchasing an EV. In fact, a recent poll […]
6 Benefits Trends That Can Help Small Businesses Fill the Labor Shortage Gap
Last year, U.S. businesses added an unprecedented 3.8 million jobs. But however positive that may sound, workforce participation remains low with 2.8 million fewer Americans working today compared with February of 2020, according to the U.S. Chamber of Commerce. For […]