Who is ASNOA?
The Agent Support Network of America (ASNOA) is a fully integrated marketing and service network for independent insurance agents. We offer more than just carrier and market access, we support your entire business with our list of services, which includes accounting, licensing, marketing, training, and ongoing education. Contact us today to see how we can help you grow your agency.
Our Most Recent Blogs
The Changing Landscape of Commercial Property Insurance & Real Estate Prices in 2024
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...
Why it May Be Advantageous to Hire a VA Going into 2025
Hiring a virtual assistant (VA) can be a strategic move during challenging economic times. While economic downturns may lead to tighter budgets and reduced spending, VAs offer a flexible, cost-effective way to maintain and even grow your insurance business. Here's why and how hiring VAs can be advantageous during such...
Reassessing Insurance Needs in an Era of Weather Uncertainty
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...
The Importance of Attending Conferences & Trade Shows for Agency Success
With rising travel costs and other expenses, you may question whether it's worth the investment to attend industry conferences and trade shows. However, these events are crucial for staying competitive in tough economic times and fostering both personal and business growth. Here are ten reasons why attending a couple of...
FTC Non-Compete Ban Struck Down: What it Means for the Insurance Industry
The recent strike down of the Federal Trade Commission’s (FTC) proposed ban on new non-compete agreements does have implications for the insurance agency. On August 20th, a Texas judge overturned the ban on non-competes scheduled to take effect on September 4th. In her ruling, the judge stated that the FTC...
M&A: Purchasing a Book of Business
Amidst a challenging economic landscape, purchasing a book of business from another agent can improve cash flow and accelerate growth significantly. It offers an agent immediate access to an established client base, massively boosting income for the agency and providing access to new markets. Here’s how to go about purchasing...
How Are The Younger Generations Insuring Themselves?
Generation Z is the generation that follows the millennials. Generation Z (born approximately between 1997 and 2012) is approaching insurance differently from previous generations. Their approach is influenced by their digital upbringing, financial priorities, and unique perspectives on risk. Here’s how Gen Z is going about selecting insurance for themselves:...
How Does a Slowing Economy Affect the Insurance Industry?
It’s no secret that the United States economy has been slowing over the last few years. This slowdown resulted from many factors, including geopolitical issues, inflation, the Federal Reserve’s raising of interest rates, and supply chain disruptions. A slowing economy can have a significant impact on the insurance industry, affecting...
Commercial Insurance Trends: What’s on the Horizon?
Commercial insurance is rapidly changing, due to several trends. Technological advancements, regulatory changes, and emerging risks are unveiling new needs within the insurance market. Several industries are driving this growth in commercial insurance due to their unique risks, regulations, and rapid development. Here are some key industries and trends in...
Parametric Insurance
With all the natural disasters, air travel cancellations, and pandemics of recent years, parametric insurance may be a more efficient alternative to traditional indemnity-based insurance. Because of its innovative approach, parametric insurance is gaining traction across industries, from agriculture and travel to energy and business interruption. Those who leverage this...