For most independent insurance agency owners, their agency is their most valuable asset. It is a part of who you are, and a big part of your...
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Agency Focus
Managing Carrier Risks in Your Book of Business
Colby Allen | Agency Focus As an insurance agency owner, managing risks within your book of business is crucial for ensuring long-term success...
READ MOREBlowing up the Benchmarks
Carey Wallace | Agency Focus There are several key benchmarks that independent insurance agencies use to measure their success. They include...
READ MOREHow a Hard Market Can Impact Your Agency’s Profitability
A hard market is a term used in the insurance industry to describe a period of time when insurance premiums are generally increasing, and underwriting standards are becoming more stringent. A hard market may be the result of a variety of factors, including increased claims and losses, rising costs for insurance companies, and increased regulation.
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The Impact of Technology on Your Agency’s Value
Technology is changing the insurance industry. In 2021 InsurTech firms raised over $15.4 Billion in funding, completed 566 deals, and 73% of those deals focused on P&C Insurance according to CB Insights.
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