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... market conditions. Rates are high, but there are fewer markets in which to place business. To make matters worse, agency costs increase with the additional workload of conditional renewals and new business underwriting imposed by insurance companies. INCREASE SALES OPPORTUNITIES There are hundreds of Managing GAs in the United States, ranging in size from a few million dollars to around $1 billion in premium, and representing from a handful of companies to several hundred companies each. Many General Agencies (GAs) can write business in all states, and most ... . Because the costs of borrowing are legitimate tax deductions, borrowing for business makes sense. Also, it makes more sense to distribute capital purchase costs than to stress your cash flow by laying out large amounts of cash that could be put to productive business use. Lease instead of purchase. Leasing makes sense in business, especially if you'll be able to use the cash in your business or in your investments to earn a better return than the cost of leasing. However, each case must be evaluated individually. Discuss large capital ... 30/2013 10:41:34 PM by CompleteMarkets Editor , G. Edward Kalbaugh This content has not been rated yet. HARD MARKET STRATEGIES by G. Edward Kalbaugh During this hard market, some agencies have been forced to sell, merge, or reduce operations considerably. Other agencies are making the most of difficult market conditions by increasing sales opportunities and managing cash flow effectively. Learn how to thrive during challenging times with these tips from G. Edward Kalbaugh. &# 160 As agency owners well know, nothing fits ...

OIL & GAS INDUSTRY GROWING INSURANCE OPPORTUNITI...ogging Oil or Gas Well Perforating Oil/Gas Rig or Derrick Erecting ...

...ions to producers or others, phone, gas, electric, postage, and so forth. A ch...

... the country. We represent a variety of A rated carriers, both admitted and non-admitted. We are an MGA for 16 carriers and work with over 260 different brokerage markets. We write business in all states except for Hawaii. Categories Popular Recent All Back OIL & GAS INDUSTRY GROWING INSURANCE OPPORTUNITIES 12/15/2014 12:00:00 AM by Jennifer Kessel 1 Verified Reviews - 5 of 5.0 1 2 3 4 5 The oil and gas sector is creating an opportunity for insurance industry with a renewed emphasis on domestic versus ... shale plays. The industry itself is broken down into four segments: exploration, production, processing, and distribution, with the primary focus and greatest opportunities lying in the production sector. The three main types of companies seeking insurance for oil and gas production are oil lease property, well servicing and workover equipment, and service contractors. Each aspect includes steps such as casing, cementing, and perforating. From supervision of the rig equipment and tools through the various aspects of the process to obtain oil and gas, there is a ... Gulf of Mexico, & Non-Owned Watercraft • Workers' Compensation • Umbrella Targeted Classifications: Anchor Setting and Cementing Calibration/Reading Cleaning or Swabbing Coal, Gems, Stone, Rock, & Gravel Mining Engineers and Consultants Equipment Rentals/Sales Exploration & Production Hazmat Transportation Lease Operators of Wells Lease Work Construction & Roustabout Operations Manufacturers & Distributors Oil or Gas Well Instrument Logging Oil or Gas Well Perforating Oil/Gas Rig or Derrick Erecting or Dismantling Onshore Engineering/ Construction Pipeline Construction/Dealers Power Generation Pumpjack Repair/Servicing Site Preparation Underground Resources ...