https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/658/E-O-And-Policy-Changes/
... . Login or Register (for FREE) 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 ... , perfunctory policy changes without considering the potential E&O exposure. In particular, there is a big E&O risk when making policy changes based on information or instructions (or lack of information or instructions) from third parties. ACTUAL CASE #1 A car dealer calls the agency to report that an insured of the agency is in his office, and in the process of trading cars. The car dealer has the insured's Auto ID card, with the correct policy number. In addition, the agency person can hear ... insured talking in the background, so there's no reason to doubt the legitimacy of the call. The agency takes the necessary information on the new car. The car dealer also informs the agency that the insured is trading in his older car. Based on this, the agency also deletes the older car from the insured's Auto policy. Several days later, the insured calls the agency to report a serious accident involving the older car. It seems that during last-minute negotiations with the car dealer, the insured decided against trading the older ...
https://completemarkets.com/Article/article-post/549/Outsource-Claims-Management-Realize-Reduced-Costs/
...d on after-market parts). Prime refused to lower its appraisal, which was base...rties should consider the managed auto care model. After all, no agency would ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/350/PR-A-New-Twist-In-Direct-Mail/
... based on birth date-could anything be more appropriate than advertising for Life, Health, and Retirement insurance? Similarly, Homeowner and Mortgage insurance advertising are ideal for enclosure with annual property tax statements. With today's turbulence in real estate, any number of value-added benefits could be used to entice replies from prospects. Companies could develop cooperative programs with participating agencies in individual states to develop and pay for such programs. Both would reap untold benefits in public relations. Depending on logistics, addressees could be encouraged to respond directly to the local agency ... Automotive News reported that the Montana Chevrolet Dealers Association won a bid to mail 680,000 renewal notices for Montana's motor vehicle registrations during the next year. The bid, awarded to the group's ad agency, Sage Advertising, is believed to be a marketing first. Car dealers feel that this will remove the junk-mail stigma from their direct-mail advertising. Each renewal notice will include an advertising message from the recipient's local Chevrolet dealer. (Note the local' aspect, targeting the marketing message toward specific territories.) The contract, for ... unique and exciting direct-mail marketing concept. A joint project involving the automotive industry in Montana could serve as a model for a whole new direction in targeted direct mail-and have great relevance for selling nearly every insurance product in the marketplace. Automotive News reported that the Montana Chevrolet Dealers Association won a bid to mail 680,000 renewal notices for Montana's motor vehicle registrations during the next year. The bid, awarded to the group's ad agency, Sage Advertising, is believed to be a marketing first. Car dealers feel that this will remove ...
https://completemarkets.com/Article/article-post/2468/The-Phantom-Rolls-Royce/
...e Co. was willing to insure seldom-used classic cars by mail. He photocopied the applicati...u are required by law to do.'
Classic Car was saved a $100,000 claim. It spen...
https://completemarkets.com/Article/article-post/536/Turn-Yesterdays-Giveaway-Into-Todays-Promotional-Power/
... the particular product or item is used. Many firms are getting positive resul...ful.' 'We want something that will be used on a person's desk' is the common r...
https://completemarkets.com/Article/article-post/658/E-O-And-Policy-Changes/
... third parties.
ACTUAL CASE #1
A car dealer calls the agency to re...ginal instructions to delete the older car.
ACTUAL CASE #2
An insured calls...
https://completemarkets.com/Article/article-post/350/PR-A-New-Twist-In-Direct-Mail/
...r of value-added benefits could be used to entice replies from prospects.
Comp...ogether by a coalition of individual dealers; it wasn't a brainstorm from Chev...
https://completemarkets.com/Article/article-post/869/24-Ways-To-Change-With-The-Times-And-Build-Sales/
...something changes to disrupt the precarious balance. It may occur in the econo...INESS: Review your marketing materials carefully. Do your brochures and sales ...
https://completemarkets.com/Article/article-post/905/Achieving-Super-Salesmanship/
...tion, analysis, and routing system used by hundreds lending institutions natio...
https://completemarkets.com/Article/article-post/1264/AUTO-DEALERS-CAR-MODELS-COME-AND-GO/
Auto Dealers - "Car Models Come And Go"
AUTO DEALERS - 'CAR MODELS COME AND GO' Dear (Customer Name): Car models come and go. Each year brings i... writing insurance programs for auto dealers for ( ) years. We know your inven...