In recent months, several members of Congress have expressed concern with FEMA’s implementation of Risk Rating 2.0, and in some cases have gone so far as to push for a delay of the program’s implementation.
READ MOREHow Digitization Can Reduce Costs for Agencies
by Anamaria Cifuentes – ePayPolicy | Jul 8, 2021 | PIIAC Bulletin
The world of insurance is incredibly traditional. At times, this is a good thing. Independent agencies believe in the personal touch, forging deep, lasting relationships with clients. But, in other ways, relying on what’s tried and true is a hindrance, especially when it involves a lack of digitalization.
READ MORELiberty Mutual and Safeco Insurance Release Interactive Experience to Help Independent Insurance Agents Navigate Digital Transformation
by Karyn Buckly - Avyst | Jun 29, 2021 | PIIAC Bulletin
New Research-Based Resource Offers the Most Comprehensive, Centralized Collection of Digital Transformation Insights Available to All Independent Agents
READ MORETechnology Happened and It’s Not Going Away
by Karyn Buckly - Avyst | Jun 29, 2021 | PIIAC Bulletin
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.
READ MOREBe Aware of the Growing Concern of Insurance to Value
by Curtis M. Pearsall, CPCU, AIAF, CPIA, President – Pearsall Associates Inc. and Consultant to the Utica National E&O Programs | Jun 29, 2021 | PIIAC Bulletin
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:
READ MOREACT Resources Promo Kits Now Available
by Agents Council for Technology | Jun 29, 2021 | PIIAC Bulletin
The Agents Council for Technology (ACT) has many free, valuable resources to help independent agents apply technology within their agency to increase efficiencies, improve workflows and protect against cyber threats.
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