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Technology Happened and It’s Not Going Away

I was flipping through my AARP magazine (shh!), and came across the article “15 Lessons the Coronavirus Pandemic Has Taught Us”. I leafed mindlessly through the pages until I came across Lesson 6: We befriended technology, and there’s no going back”. There are certainly times when “real life” experiences are necessary and enjoyable but there’s also a time and a place for technology.

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Be Aware of the Growing Concern of Insurance to Value

Several recent industry articles have noted that many personal and commercial properties are potentially vastly undervalued and underinsure. An article for GenRe, authored by James Kenworthy and Shannon Dowd, reported that upwards of 60% of homes and 70% of commercial buildings are undervalued – primarily because the cost of building materials has risen significantly over the last 6-12 months.The GenRe article and a recent Wall Street Journal article noted the following:

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I Am Hiring… Where Do I Start?

We talk to agency owners all the time who are looking for qualified individuals who do not know where to start. With that in mind, PIIAC has launched a new member benefit specifically designed to make the process of finding talent more manageable. CareerPlug, a hiring software program, can help you along the hiring process.

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Should My Agency Sell Life Insurance Products?

As agents, most of our members focus on property and casualty insurance. They handle the needs of their clients in both personal lines and commercial lines. There are a handful of agents who currently “round-out” the accounts by offering life insurance type products to their clients. Should your agency be offering these products as well? My recommendation is that yes, your agency should be able to offer these products. That said, I recommend this with a bit of caution. Offering life insurance products can bring about some challenges and PIIAC is here to help.

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