It’s difficult to build rapport with prospects online as well as in person, regardless of whether you are on the phone or online. Your video tools can make this much easier. Use them often and early in the sales process. They will be more likely to connect with you faster than the 8 other agents trying to chase […]
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As a broker dealer and owner of a BGA, I have been closely following the debate surrounding Regulation 151A. For those who are not familiar with the topic, Regulation 151A would place Fixed Indexed Annuities sales under the control of FINRA/SEC. Like many professionals who come from insurance backgrounds, I believe that Fixed Index Annuities can be […]
What is Social Engineering Fraud? While you might not believe you know it, you most likely do. You have been targeted multiple times, possibly even recently. Social Engineering Fraud is the leading cause of data breaches, and has led to billions in dollars being stolen. What is social engineering fraud? Interpol confirms that this is […]
Insurance is your business. It’s your responsibility to help clients reduce their risk. Why not protect yourself and your business with the right insurance products? This is the risk of inviting another producer into your company. You’re a successful producer and you have reached a point in your career where time is being traded for dollars. You have run […]
The second most common cause death in teens is motor vehicle crashes. 2375 teens between 13 and 19 died in 2019 due to crash-related injuries. Today, it’s much more dangerous to be a teenager driver. Research has shown that the risk of becoming a driver is greatest at 16 years old. Teenagers between 16-17 years old have a four-fold higher crash rate […]
In 2019, there were 721,885 stolen vehicles, which equates to $6.4 billion in motor vehicle thefts. It is a decrease of 4% from 2018, when 751,885 cars were stolen. However, this still means that almost 722,000 vehicle owners suffered that loss in a single year. The FBI’s motor vehicle theft statistics include many types vehicles, and not just cars. Motor […]
Every year, nearly 40,000,000 cars are being sold. The main factors that influence the price of your car include its mileage, interior and exterior conditions, location, make, model, year, and the make and model. Actual cash value (ACV), which is the actual value of a vehicle, may be used by insurance companies to calculate how much they will […]
Subrogation is a concept that most insurance claim professionals are familiar with. Your company may have a subrogation division or even a specialist. Subrogation procedures are fairly uniform across all companies. Claims that are made due to partial or total negligence of a third-party are referred directly to the subrogation department, where subrogation efforts are […]
Children are often killed by being left in cars all around the globe, including in the United States. Although hot car deaths can occur anywhere and can often be unintentionally, they can be prevented by better education and awareness. This information is vital to your survival as the U.S. experiences warmer temperatures. Safety statistics for hot […]
Document management and storage are two of the most critical aspects of any insurance claim product. It all starts with basic paper flow and document storage. This was, and is still, the cabinet filing system. Many of us are now paperless thanks to electronic technology. Let’s look at some of the financial differences as well as the steps […]