
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 […]
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 Climate-Resilient Property Insurance Is a Must for Clients
As we face an era marked by intensifying weather patterns, wildfires, flooding, and hurricanes, climate resilience has become a vital part of property insurance. As insurance agents, it’s imperative that we stay ahead of the curve, especially when it comes […]
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 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 […]