Expanding Into Commercial Lines By Callan Harrington Independent agents can no longer rely solely on personal lines. Here are three best practices that will help land commercial clients.
Existential Threat to Agents By Mike Manes If we don’t attack the cost problems because we believe nothing can be done, we will lose the agency system as we know it.
4 Key Elements for Onboarding Producers By Susan Kearney It's well-established that the onboarding process is key for new producers, yet only 32% of companies currently have a formalized program.
3 Ways to Use Data to Optimize Mobile Ads By Gregory Bailey A “spray-and-pray” approach — blasting your message out to everyone and hoping it will reach someone likely to respond — no longer cuts it.
Draining the Swamp of Insurance Fraud By Bill Wilson Too many agents compete unethically, offering illegal advice to clients. It's time to start reporting those who commit insurance fraud.
Use Insurtech to Help, not Replace, Agents By Stephen Goldstein Agents need to go beyond knowing details and trends and be able to ask clients the right questions. AI and chatbots are poor substitutes.
Global Trend Map No. 9: Distribution By Alexander Cherry Over the past few years, we have seen direct-to-customer channels, insurtech propositions, aggregator sites, affinity partnerships and more.
Unfair Perception of Insurance By Chris Burand Insurance is perceived as a commodity, but it is not. Those who "sell price" do a disservice to the industry, to themselves and to customers.
Auto Insurance in an Existential Crisis By Stephen Applebaum Alan Demers The 125-year-old, $300 billion U.S. auto insurance industry is caught between runaway inflation and strained consumer wallets.
The Promise of Continuous Underwriting By Bill Deemer Bobby Touran Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.
Convergence and the Insurance Ecosystem By Stephen Applebaum Alan Demers Companies must anticipate the future, innovate beyond their core and transform their capabilities as rapidly as technology allows.
Lemonade's 'Synthetic Agent' Nonsense By Matteo Carbone Desperate for growth, Lemonade produces another howler: A lender receiving a 16% interest rate is presented as a (synthetic) agent.