COVER: Producers on Carriers
In our second annual “Producers on Carriers” survey, Insurance Business America asked the retail agent community to identify their top priorities in selecting a carrier, and then rate how carriers are performing today. Hundreds of independent agents and brokers responded to the survey, ranking the importance of nine crucial aspects of insurer performance: competitive rates, claims processing, carrier reputation, financial stability, commitment to the broker distribution channel, quick quotes, product range, underwriting expertise, technology capabilities and marketing support. The good news is that most carriers are doing well in most areas – the bad news is that, according to the survey, “fairly well” is about as good as it gets.
As scandal continues to plague FIFA and damage the organization’s global reputation, the corporate world’s most dynamic risk – and the policies that cover it – have been brought to the forefront once more.
Can business interruption coverage gaps be closed?
Recent instances of civil unrest in Baltimore and Ferguson, Missouri, have highlighted the gaps in coverage that many businesses could face. Three industry representatives debate the best ways to ensure commercial clients are secure.
Demanding the best
How can the insurance industry make itself more attractive as a career? First-class education, says Alan Jay Kaufman, the chairman, president and CEO of H.W. Kaufman Financial Group.
Room with a view
The recovering economy has more Americans hitting the road for vacations – and more hotels beefing up their insurance coverage. Here’s how independents can take advantage of these trends.
It’s not a millennial problem
Brokers are calling on the industry to better serve millennial clients, but, as Karen Costain writes, reaching out to young people isn’t a new issue.
The cost of doing business
Without directors and officers insurance, the leaders of public, private and nonprofit companies are putting a lot at stake – including their personal assets.
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