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
Usage-based insurance (UBI) is a type of insurance where the premium is based on the specific behaviors and habits of the insured. It’s becoming more popular as cost-conscious consumers look for ways to pay only for what they need. The UBI market is estimated to grow from $48.38 billion in 2023 to $63.29 billion by … Read more
Owning a specialty car comes with both joys and challenges. These cars often hold significant value through their state-of-the-art technology, historical significance, or unique design. However, insuring specialty cars can be a bit more involved than a standard vehicle. It requires a tailored approach to ensure these cars have adequate protection against the specific risks … Read more
Joining an insurance network can provide independent agents with valuable resources, support, and opportunities for growth. It can ultimately help you compete more effectively in the insurance marketplace. However, agents need to ask questions and carefully evaluate the benefits, costs, and terms of membership before deciding to join a particular network. Here are 10 questions … 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
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 start off 2024, insurance premiums continue their upward trend… just like prices of groceries, home repairs, and utilities. For many Americans, it’s hard to keep up. In such trying times, every penny counts. Understandably, people begin to explore alternatives, even considering switching insurance providers. But what if there was a way to keep … Read more
With the current market conditions, many insurance companies are struggling, and, sadly, a few have gone insolvent. As a result, savvy policyholders may be wary of investing in certain types of insurance out of concern that they’ll end up with an unpaid claim. The good news for policyholders is that there’s a process that grants … Read more