https://completemarkets.com/Article/article-post/1805/ENHANCING-AGENCY-VALUE-WHAT-THE-MARKETING-MANAGER-CAN-DO/
...e goals in two ways: (1) provide products for the agency to sell and impart th...g capital available: Total cash and cash equivalents = $_____ Add...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2124/A-New-Year%E2%80%99S-E-O-Resolution-Guaranteed-To-Make-A-Difference/
... like/dislike? 3. Why did you choose this rating? Submit This Anonymously Submit Cancel Contact Us contact_phone Click to call Unfollow First name: Last name: Email: Are you sure you want to deactivate your CompleteMarkets Company Profile Deactivate Cancel Loading.. About Us Products/Services News Jobs Team Articles Blog Group Followers Photos Reviews Newsletters x No Thanks Loading.. x No Thanks Loading.. x No Thanks Loading.. CompleteMarkets 1 2 3 4 5 Rating history (0 Reviews - 0 of 5.0) Shows who have rated the content ... faced an E&O claim or the result would've been totally different. Here's one such case: After a fatal truck accident involving a product made and installed by an agency's Commercial Lines client, the insurer denied coverage because the client didn't carry Products and Completed Operations Liability insurance. The client settled the fatality claim, and then sued the agent for failure to provide the coverage. The agent had written the client's Liability insurance, including Products and Completed Operations, for several years. After the carrier gave notice of non-renewal, the ... obtained a Liability policy that excluded Products and Completed Operations. It then sought to replace this coverage as a stand-alone product — but was unable to do so at the lower rate the client had requested. However, because the agency failed to document its inability to find Products and Completed Products coverage, the client argued that they were never told their replacement Liability policy omitted any of their previous coverage. Without documentation of the replacement coverage discussions, the jury weighed the conflicting verbal testimony of the parties and ordered the agency to pay the ...
https://completemarkets.com/Article/article-post/2353/Crisis-Management-Plan-Development-Part-1/
...l survival rather than property, liability including auto, and workers compensation insurance claims frequency and severity
Management Participation:
S...gement Plan Responsibilities" and the typical chain of command. Committee responsibility, Emergency Response Team direction and reliance upon the Crisis Management Policy Statement and Crisis Management Manual are clearl...
https://completemarkets.com/Article/article-post/2574/Sample-Presentation-Package/
...al Aggregate: $2 million
Products/Completed
Operations Aggrega...wn could cost you.
I'll call shortly and give you a few specifics on how thi...
https://completemarkets.com/Article/article-post/2781/Risk-Management-Strategies-for-Small-Businesses/
...r provide high-value, low-volume products and services, which can see a feast-or-fa...the escalating threat of cyberattacks, and building a multi-skilled workforce, all add to an enterprise's arsenal and nurture a proactive rather than re...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/558/Whats-A-Liquidity-Ratio-And-Why-Should-It-Be-Important-For-An-Insurance-Agent/
... like/dislike? 3. Why did you choose this rating? Submit This Anonymously Submit Cancel Contact Us contact_phone Click to call Unfollow First name: Last name: Email: Are you sure you want to deactivate your CompleteMarkets Company Profile Deactivate Cancel Loading.. About Us Products/Services News Jobs Team Articles Blog Group Followers Photos Reviews Newsletters x No Thanks Loading.. x No Thanks Loading.. x No Thanks Loading.. CompleteMarkets 1 2 3 4 5 Rating history (0 Reviews - 0 of 5.0) Shows who have rated the content ... formulas and liquidity ratio benchmarks that you should apply monthly to your Balance Sheet. Running a balance sheet without applying these ratios is like collecting data but never evaluating it: CURRENT RATIO The general liquidity ratio measures your agency's short-term health. If current assets can't meet current liabilities (within 12 months), you need to strengthen your liquidity. Formula: Current Assets/Current Liabilities Benchmark: At least 100% ACID TEST The acid test is a primary liquidity measure used to determine whether the firm can meet its current obligations. Formula ... (Cash+ Receivables)/Payables Benchmark: At least 90% RECEIVABLES TO PAYABLES A poor receivables-to-payables ratio indicates a poor collector. Formula: Trade (Co.) (or All) Receivables/Trade (premiums) (or All) Payables. Benchmark: Less than 75% TANGIBLE NET WORTH (TNW) The book' value of your company (not the Book of Business value, which is excluded) . Formula: Total Owners Equity (Treasury Stock subtracted) less Intangible Assets (such as Goodwill, Purchased Renewals ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2111/Do-You-Take-Uninsured-Motorist-Coverage-For-Granted/
... like/dislike? 3. Why did you choose this rating? Submit This Anonymously Submit Cancel Contact Us contact_phone Click to call Unfollow First name: Last name: Email: Are you sure you want to deactivate your CompleteMarkets Company Profile Deactivate Cancel Loading.. About Us Products/Services News Jobs Team Articles Blog Group Followers Photos Reviews Newsletters x No Thanks Loading.. x No Thanks Loading.. x No Thanks Loading.. CompleteMarkets 1 2 3 4 5 Rating history (0 Reviews - 0 of 5.0) Shows who have rated the content ... O claims-and more than half of these deal with Uninsured/Underinsured Motorist (UM) coverage. What can go wrong with Uninsured Motorist coverage? Take a closer look: Is it standard operating procedure in your agency to offer clients UM coverage equal to the limits of Liability? The price differential is only an extra $50 to $75 per vehicle and is well worth it. Some states are now requiring that limits for Bodily Injury/Property Damage (BI/PD) and Uninsured Motorist be the same. If you feel ... that will drop down in the event of a claim, be careful. Personal and Commercial Umbrellas vary widely, so make sure that your company doesn't exclude UM on the policy. If an insured refuses the higher UM limits, many states and companies require that they complete a sign-off form. Even if prospects tell you verbally that they don't want the coverage, never sign the form on their behalf. You may want to check with the company to see if all Named Insureds should sign, or just the first Named Insured. ...
https://completemarkets.com/Article/article-post/738/Technology-Gives-Managers-Accurate-And-Accessible-Information/
Technology Gives Managers Accurate And Accessible Information
How does you...nitoring will help keep you in control and increase consistency, efficiency, and profitability.
https://completemarkets.com/Article/article-post/69/Finding-Markets-The-Specialty-Program-Consultant/
...ure lies in developing specialty products that they can sell to groups of insu... to recognize that together with legal and accounting services, they can purch...
https://completemarkets.com/Article/article-post/511/Avoid-E-O-Problems/
...ve no excuse for not knowing the products they sell. Continuing education seminars and training manuals abound. Agents who ar...nclude a summary of proposed coverages and the premium for each one. Every pro...