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
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: #1 – They’re Taking … Read more
The last few years have brought an unprecedented number of weather-related claims across the country. Handling them can be a daunting task when they’re all coming in at once. However, with the right strategies in place, an agency can manage them efficiently. Here are some pro tips on handling the influx of weather-related insurance claims. … Read more
The Internet of Things (IoT) is here and experts estimate there could be up to one trillion connected devices by next year (2025). IoT refers to a network of physical objects—”things”—embedded with sensors, software, and other technologies to connect with other devices and systems over the Internet. These “things” can range from household items like … Read more
During a hard market, it’s essential to stay up-to-date as much as possible with industry trends, tools, and developments. Sometimes, it’s difficult to even know where to go when wanting to stay ahead of the curve. For that reason, we’ve compiled a list of resources for independent insurance agents to follow and how to find … Read more
In recent years, the insurance industry has encountered its fair share of challenges. However, amidst these trials lie ample opportunities for growth and innovation. From the burgeoning realm of digital transformation to the escalating significance of cybersecurity and the emergence of Insurtech, the future holds promise for insurance agents willing to embrace change. Here’s a … Read more
In an age where online transactions are now an integral part of daily life, the threat of identity theft is at an unprecedented level. As cybercriminals become more technologically savvy, many are vulnerable to devastating financial repercussions. In this climate, the importance of identity theft insurance emerges as a crucial investment. Here are the changes … Read more
The world seems to be moving faster, with new technologies being introduced in quick succession. A few of these stand out in creating new risks to the public: artificial intelligence, electric vehicles, and solar panels. Because these inventions are so new and fragile in their earliest models, they’re susceptible to external threats, including cyber attacks, … Read more
A blog from ASNOA’s own Director of Education, Laura Hamilton AI for marketing refers to the use of artificial intelligence technologies and techniques to enhance and automate various marketing processes and activities. It involves the application of machine learning, natural language processing, and other AI technologies to analyze large amounts of data, gain insights, and … Read more
As we move into the second month of 2024, there are several continuing trends to keep in mind. Besides cybersecurity, AI, and climate-driven changes, there’s also a demand for customized goods and services. For many, consumers have designed their own computers, personalized license plates, and curated their cable stations. From YouTube to MyChart to iPhones, … Read more