An Insurance Business Owner who is struggling to find new customers complains that their customers are not shopping as much. It seems that nobody is buying anything right now, despite the do not call restrictions and private or unlisted numbers. But, the same trends that swept the Banking Industry a decade ago, and which are still […]

This topic was important to me because it allowed me to show the steps I took to achieve financial independence. You may be surprised to learn that my best training was not related to insurance. Selling is first and foremost a communication skill. Therefore, education in terms of vocabulary and ability to communicate an idea […]

Have you ever spent hours reading through the entire insurance policy document, and then lost your way somewhere between? This long, confusing, legal, “fine printed”, twisted document is enough to put anyone to sleep. You have long wished that someone would do the tedious work for you, and ensure you are fully protected against all possible dangers. You […]

To achieve its core objectives, every organization must manage risk. Not only is it important to have a reliable way to capture and document risks, but it also requires a system to manage the response of the organization. Risk managers can identify, prioritize, and assess the potential risks by using the right risk management tool. We will […]

It’s easy to hire good people – if your look and listen are right. Today’s average agent is well over 45 years old. We have been discussing the need to introduce a new generation of agents into the industry for some time. Independent agency owners are often prevented from creating their own retirement plans. TIME seems to […]

How to Ace Your Insurance Job Interview The basic rules for securing a job in the insurance industry apply regardless of the type of job. Don’t apply for any job if you don’t have the qualifications. You can substitute experience for the job, but you must be an actuary to get a job in insurance actuary. You must […]

2010 was a challenging year for brokers working in the employee benefits industry. Many insurance companies have reduced commission rates in 2011 to comply with new MLR requirements. There are many brokers who are expanding their businesses in this market. We’ll explain how these brokers grow their business, as well as a simple method that anyone can use […]

It is not possible to assign an objection to a specific group or to provide a method of meeting it. Your prospect may say, “I cannot afford it” to indicate that he doesn’t want to waste his time talking with you. In other words, this statement can be used by your prospect to end the conversation […]

There are many types of attached homes: row houses, condos, townhomes, row houses, row homes, and row houses. Although they may be called the same thing, there are many different types of exposures. They can also have very different insurance requirements. These risks can be difficult to insure correctly for six reasons: Insuring space or owning land? Insuring […]

1. Governance and organizational partnership It is crucial to establish a partnership between the private and public sector and NGOs in Bangladesh to implement IBI. Public sector would have the responsibility of setting a policy and regulatory framework to ensure that insurance services are reliable and protect those who purchase insurance products. SBC and large private banks can […]