Insurance

Life insurance becomes a game-changer for independent agencies with the advent of aggregators, revolutionizing industry operations and expanding market reach.

How Umbrella Insurance Works: Unveiling the extra layer of protection beyond standard policies. Explore coverage extensions, gaps filled, and key scenarios highlighting its significance. Discover who benefits most and understand the cost factors driving its affordability.

The resilient journey unfolds as Harold Salant, owner of Harold J. Salant Insurance Agency, recounts his 20-year quest for a no-handcuffs insurance network. Discover how Smart Choice emerged as the beacon of flexibility and freedom in an industry fraught with restrictive terms. From surviving a carrier shutdown to thriving in a challenging market, delve into Harold's strategic shift to Smart Choice and the decade-long partnership that has not only sustained but propelled his agency's growth. This meta data offers a glimpse into a tale of resilience, adaptability, and gratitude, where Smart Choice becomes the cornerstone of Harold's enduring success in the insurance landscape.

Strategic steps to incorporate Life Insurance Sales into your Property and Casualty agency: Learn how to navigate licensing requirements, evaluate carrier partnerships, and train your agents for success. Enhance your agency's portfolio, diversify offerings, and boost revenue by seamlessly integrating life insurance. Explore cross-selling strategies, leverage technology, and update marketing materials to effectively promote bundled insurance packages. Partner with Smart Choice for access to a wide range of life insurance products without commission splits. Elevate your agency's services and meet the diverse needs of your clients.

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

One of my early career positions was with a Fortune 500 manufacturing company. They were innovators, market leaders and had one of the top twenty most powerful brands in the world. To my surprise what they also had were scores of partners.

As markets continue to harden, a previously small slice of the property and casualty sphere has made headlines as a busy – and growing – insurance sector. Excess and surplus line premiums topped $31 billion during the first six months of 2022. Most experts predict continued growth well into 2023.

Choosing a network partner can make or break your business. Independent agents should consider these four key characteristics of a network before committing to an insurance agency network.

Increasing numbers of new agency owners, existing independents, and former captive agents are looking to join agency networks to compete in a tough insurance market. But how do you choose the right agency network partner?

Small commercial is still largely controlled by independent agencies, is reliably profitable, but highly fragmented. Even the “titans” of the industry have less than 10% market share. In short, small commercial is ripe for the taking. Sounds great, right? 

There are two different types of insurance agents — captive and independent. Which one's right for you?

Independent insurance agents see the potential of a rewarding career with high earnings. However, unlocking that potential can be tough. The truth is that there’s a lot of competition out there, and it can be difficult to gain access to the best insurance carriers and product lines. Success is possible, but you might need some support to find it — and some agents find that support in insurance clusters.