Balancing All of Life’s Tasks
Every claims handler can tell you a story about the claim that got to him or her. It is often a story about the sudden, violent death of an ordinary person. read more..
Thursday, September 8, 2011
Wednesday, September 7, 2011
Monday, September 5, 2011
Reminder---RMIC CO-OP Advertising News
Get it while it last, good till September 30, 2011.
Rockford Mutual is offering up to 75% reimbursement for your co-op advertising program for those who qualify. Normally, we reimburse 50% of your co-op advertisement up to your allotted amount of co-op advertising dollars when you include Rockford Mutual with your agency in an advertisement. Each year we reward your agency an allotted amount of co-op advertising dollars based on your written premium, loss ratio, and policy growth. Your agency is able to take that money and use it for advertising that includes Rockford Mutual. For a limited time, April 1, 2011 to September 30, 2011, we will pay up to 75% of the advertisement up to your allotted amount of co-op dollars.
Sunday, September 4, 2011
Prepare to Exit
American Agent & Broker August 2011
By Tim Cunningham
Human nature tends to create reality barriers when it comes to dealing with business and personal mortality. However, I do know, and can comment with ontological certitude, that agency principals have left thousands to hundreds of thousands—and in some case millions—of dollars on the table by failing to properly prepare to exit their businesses. read more..
By Tim Cunningham
Human nature tends to create reality barriers when it comes to dealing with business and personal mortality. However, I do know, and can comment with ontological certitude, that agency principals have left thousands to hundreds of thousands—and in some case millions—of dollars on the table by failing to properly prepare to exit their businesses. read more..
Saturday, September 3, 2011
Certificates Of Insurance: What Do They Really Cost Your Agency?
Offering this “free” service costs a lot in staff time—and exposes agencies to huge E&O risks
National Underwriter P&C August 15, 2011
By Bill Wilson
One of the most daunting (and often reviled) tasks facing agencies today involves the processing of certificates of insurance. This is an activity that typically generates no revenue for the agency but creates significant operational costs and dramatically heightens the agency’s E&O exposure. read more..
Friday, September 2, 2011
What’s Wrong With the Independent Agency Personal Lines System?
August 11, 2011
By Steve Doucette
A presentation made in late 2010 by Robert Hartwig, president of the Insurance Information Institute, included a graph indicating the historic percentage of the personal lines market written through the independent agency. The graph is rather dismal, showing not only a substantial shrinkage of market share, but a potential recent acceleration in lost market share. The market share shrinkage when seen in this chronicled context is alarming. read more..
By Steve Doucette
A presentation made in late 2010 by Robert Hartwig, president of the Insurance Information Institute, included a graph indicating the historic percentage of the personal lines market written through the independent agency. The graph is rather dismal, showing not only a substantial shrinkage of market share, but a potential recent acceleration in lost market share. The market share shrinkage when seen in this chronicled context is alarming. read more..
Thursday, September 1, 2011
Power to the People
August 26, 2011
By Christopher Tidball
There are three key drivers to any successful organization; people, processes, and technology. Each plays an integral role and none can act effectively without the others. In each case, there are variables that define effectiveness and steps that can be taken for improvement. Perhaps nowhere is this more evident than with the people performing critical job functions. read more..
By Christopher Tidball
There are three key drivers to any successful organization; people, processes, and technology. Each plays an integral role and none can act effectively without the others. In each case, there are variables that define effectiveness and steps that can be taken for improvement. Perhaps nowhere is this more evident than with the people performing critical job functions. read more..
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