Educating clients on the complications impacting the homeowners market—from the hard market to catastrophes—was top of mind for independent insurance agents.
In February, educating clients on the complications impacting the homeowners market—from the hard market to catastrophes—was top of mind for independent insurance agents, as well as soaring reconstruction costs from the past decade. Independent Agent also covered how agency-carrier agreements are evolving with data security concerns. And, with the number of agency mergers & acquisition deals still high, the magazine explained how to keep your team happy and thriving while selling your agency.
Independent Agent magazine is the authoritative source of information for professionals who sell insurance for independent agencies. Whether it's a seasoned agency principal, producer, or account representative, Independent Agent helps agency employees increase sales and deliver an industry-leading customer experience.
In addition to thought-leading analysis of industry trends and market conditions, Independent Agent covers property & casualty coverage changes and new products, interprets legislative issues, and delivers the strategies managers need to grow their agencies.
Here are the five most-read articles on iamagazine.com in February:
5) Building Resilient Homes While Keeping Homeowners Coverage Up to Date
By Olivia Overman
It's important that homeowners who undertake home improvements talk to their agent about what they're planning to do or what they have done to better understand how that affects their insurance premiums and coverage.
4) Dream Team: Selling Your Agency With Your Team Top of Mind
By Vaughn Stoll
A thriving team can be the key to a smooth and successful transition during an acquisition, engaging with new leadership and contributing to the long-term success of the business.
3) Data Security Concerns Are Changing Agency-Carrier Agreements
By Tom Wetzel
No independent agency is an island. Here's how AI-driven cybercrime and digital outages are prompting carriers to tighten agency agreements with robust cybersecurity mandates.
2) Reconstruction Costs Up 60% Since 2014
By Will Jones
The significant increases were driven by inflation, labor shortages and supply-chain disruptions, according to a Verisk report.
1) How to Explain the Homeowners Market to Your Clients
By Olivia Overman
As homeowners premiums increase agents can help create understanding through education on why costs are up and what coverage options are available for their clients.
Compiled by AnneMarie McPherson Spears, IA news editor.
