Blog + Magazine

Chris Workman is the president of Workman Insurance Group, a Louisiana-based agency that he opened in 2016. In the years since he’s been in business, the Louisiana market has experienced an insurance crisis, as carriers move out of the storm-battered state. Thanks to his partnership with Smart Choice and access to excess and surplus, and specialty lines carriers, Chris has managed to thrive during difficult times.

Key trends shaping the P&C insurance landscape in 2024. Explore the impact of technology, consumer behavior, and risk guidelines, and discover proactive strategies to navigate the evolving industry successfully.

In today's globalized insurance industry, effective client communication is crucial for building trust, fostering strong relationships, and meeting the diverse needs of clients from different cultural backgrounds. As insurance professionals, it is essential to understand and adapt to the cultural nuances of your clients to communicate effectively and provide them with exceptional service.

A cash award of $10,000 will be given to the 10,000th member to partner with the fastest growing insurance network in the nation. Approximately 9,900 have already joined, so the milestone is expected to be reached in the fourth quarter of 2023.

Pivoting Your Agency: Finding New Revenue Streams in a Hard Market

In the first half of 2023, 760 agencies partnered with the fastest growing insurance network.

As an insurance agency owner, your journey to success within an insurance agency network or alliance partnership demands a strategic blend of factors such as finding the right fit, strategic planning, fostering client relationships, and capitalizing on available opportunities. Here, we delve into several pivotal considerations tailored to agency owners, aimed at maximizing your potential for success while leveraging your network to nurture your insurance agency.

Learn strategies to increase your agency’s value through benchmarking, acquisition, and succession planning.

The insurance industry operates in cycles, alternating between periods of a soft market (lower premiums, increased capacity) and a hard market (higher premiums, reduced capacity). A hard market poses unique challenges for an insurance agent, particularly for captive insurance agents who work exclusively with one insurance company. In this post, we will explore the disadvantages a captive agent faces during a hard market and how they can navigate these challenges.

As the owner of Carolina’s 1st Choice Agency LLC, Christian Gallardo strives to give his clients the best in terms of coverage choice and personal service. Christian’s agency is located in the southwestern part of North Carolina, and earns most of its business through referrals, thanks to satisfied clients and Christian’s extensive community involvement...

Embarking on a career as an independent insurance agent offers a unique path filled with opportunities and challenges. As you navigate the dynamic landscape of the insurance industry on your own terms, there are several best practices that can guide you towards success.

Whether a captive insurance agent should transition to become an independent insurance agent during a hard market is a decision that depends on several factors. While there are potential benefits to transitioning, it's important to consider the following points before making a decision.