https://completemarkets.com/Article/article-post/1324/GENERAL-CUSTOMER-QUESTIONNAIRE/
...ur agency excel in the insurance services we provide to you, your family, your... Not Interested? ____ 3. Umbrella Liability Interested? ____ Not Intereste...
https://completemarkets.com/Article/article-post/2270/FIRING-WITHOUT-FEAR/
...the at-will employment rule. The adoption of new laws and recent court decisio...lly designed to afford coverage for liability arising out of wrongful employment practices. Employment practices liability (EPL) insurance may be available...
https://completemarkets.com/Article/article-post/511/Avoid-E-O-Problems/
...elling.
CASE #2: CONTRACTUAL LIABILITY
The names in this case have bee...court noted that Property's General Liability contract covered only contractual liability claims for “personal injury” and...
https://completemarkets.com/Article/article-post/2802/Insurance-Policy-Management-System-How-AI-Enables-Personalized-Services/
...tem: How AI Enables Personalized Services
The insurance industry stands...Those with new drivers see enhanced liability coverage recommendations. This i...
https://completemarkets.com/Article/article-post/2780/Optimization-of-financial-security/
...ilding projects. In professional services, like accounting and web developmen...aining and internal control. Insure liability to manage this risk. Planning f...
https://completemarkets.com/Article/article-post/2345/BEST-PRACTICES-FOR-AGENCY-MANAGERS-LOOK-BEYOND-THE-NUMBERS/
... THE NUMBERS by Robert C. Smith Taking the financial and operational performance results of the Best Practices Study and building management strategies around them can help you achieve and exceed your financial benchmarks. Robert Smith reveals some of the management Best Practices that leading agents and brokers have adopted. &# 160 The past 10 years have brought huge change to the independent agency system. Agents and brokers endured a prolonged soft market, only to move to a hard market with limited capacity. Meanwhile, many agencies have had to re-engineer' their business ... decided to hold themselves accountable to the same compensation plan as the other producers. This is a business where a sales culture can't be faked, ' the principal said. If the guys in charge won't produce, how can we expect others to produce? ' ONE SERVICING SIZE DOESN'T FIT ALL There's a reason that the 80/20 rule has become a part of today's business vocabulary — it holds true. Unfortunately, many agency principals don't know the account names, size of accounts, or other characteristics of the 20% of ... accounts that generate 80% of their revenues. Although we all must respect the trust relationship' of any family or business that entrusts your agency with their insurance coverage needs, the ability to say no' to the prospects that you can't serve effectively or profitability is a defining characteristic of the highest performing agencies. The access to expertise and servicing resources available to a major account shouldn't be compromised by the endless demands of small, price-sensitive clients. So, although the Best Practices Study preaches the virtues of account retention, the truth ...
https://completemarkets.com/Article/article-post/807/The-Hold-Harmless-Or-Indemnification-Clause/
...unction with writing Contractual Liability coverages. In many cases, agents wi...ork) and the GA against any and all liability, loss, damages, costs, or expens...
https://completemarkets.com/Article/article-post/2353/Crisis-Management-Plan-Development-Part-1/
... contact information, etc.)
Adoption and distribution of the Crisis Manag...cial survival rather than property, liability including auto, and workers comp...
https://completemarkets.com/Article/article-post/2429/The-Top-10-Rules-When-Selling-Your-Agency/
... Use only the principal value of such obligations, if any. If you owe the agency money, start paying it off regularly. Once you get the debt to zero, keep it there. RULE 5. Clean up your receivables and invest the money collected. Adopt a regular program to charge off doubtful accounts. Be aggressive with collections; buyers pay more for agencies with clean balance sheets. Use finance agreements whenever possible. Change expiration dates on accounts that experience cash-flow problems at particular times of the year. Pay attention to ... to gain access to thousands of other great articles. Need more reasons to join? Need insurance for you, your business or your family? Get quality appointments - Save yourself a whole lot of time & money when you use our directory of carriers, wholesalers and service providers. Negotiate lucrative contracts with carriers and wholesalers. Net result. More revenue for your agency! Clients & Prospects will research you, your co-workers and your agency here. The most comprehensive online insurance industry reference library for - Personal Lines Professionals Commercial Lines Professionals ... worth of expenses in Tangible Net Worth (TNW) as part of the sale terms. If you don't have 60 days' worth, start leaving profits in the business. Calculate it this way: Assets minus Intangibles (goodwill, expirations, and covenants) minus Liabilities equals Tangible Net Worth. Remember to add in off-balance-sheet liabilities, too! These include deferred compensation or covenant payments to former owners or acquisitions that are not carried on your balance sheet. Use only the principal value of such obligations, if any. If you ...
https://completemarkets.com/Article/article-post/1998/FINANCIAL-STATEMENTS-AS-A-MANAGEMENT-TOOL/
... fancy cover and a statement for services rendered. They offer little value to...