AI Technology and The Insurance Industry: Trends to Watch in 2025

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Artificial Intelligence (AI) and the technology built around it are already transforming the insurance industry, and it will only get bigger. AI will profoundly impact operations, customer interactions, and risk management practices in the coming years. Here’s a look at some key areas of impact, potential challenges, and the trends to watch for in 2025 … Read more

What’s in Store for the Insurance Industry in 2025?

The year 2024 brought its share of highs and lows, leaving a lasting impact on the insurance landscape. Now as the dust settles post-election, 2025 is shaping up to be a year of significant change. Economic trends, technological advancements, regulatory shifts, and environmental challenges are all set to influence the industry. Here’s a closer look … Read more

Online Shopping, Cyber Risks, and How Insurance Agents Can Help

Online shopping has revolutionized how consumers purchase goods and services, but it also exposes them to many risks, particularly data breaches. Independent insurance agents have the opportunity to help mitigate those cyber threats by providing guidance and tailored solutions to the clients they serve. Here’s an overview of the risks and how agents can provide … Read more

Take an Inventory of Insurance Coverage Over 2024

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As we approach the end of 2024, insurance agents may want to consider taking an inventory of the agency’s coverage over the past year. This process involves analyzing the types of policies offered, their uptake, and their performance. An inventory allows agents to reflect on the past year, identify strengths and weaknesses, and plan for … Read more

Giving Thanks for Blessings within the Insurance Industry 

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The insurance industry serves as a cornerstone of stability, offering protection to individuals, businesses, and communities during uncertain times. Whether through safeguarding assets, aiding recovery after unexpected events, or fostering resilience, the industry plays a vital role in society. As we enter this season of gratitude, it’s an ideal time to reflect on the many … Read more

How to Compete in Personal Lines by Understanding Carrier Strategy

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For independent insurance agents, optimizing customer-facing processes is a top priority. This focus makes sense, as the insurance business relies heavily on building and maintaining strong relationships with clients. System downtime during quoting is a common frustration for agents, often pushing them to place business with carriers that provide reliable, seamless new-business tools.  Agents who … Read more

The Changing Landscape of Commercial Property Insurance & Real Estate Prices in 2024

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The commercial real estate market has faced a turbulent last few years. Rising interest rates, economic uncertainty, and shifting demand patterns have each played a part. However, 2024 is proving to be a year of stability. Both commercial property prices and commercial property insurance rates are finding balance. These changes are giving property owners and … Read more

Reassessing Insurance Needs in an Era of Weather Uncertainty

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With the increase in natural disasters over the past several years, many are having to reassess weather-related risks and underwriting models. This is especially evident when unexpected events, like Hurricane Helene in September, impact areas not typically prone to such incidents. The Category 4 storm caused severe flooding and property damage throughout the southeastern United … Read more