Joining an insurance network can provide independent agents with valuable resources, support, and opportunities for growth. It can ultimately help you compete more effectively in the insurance marketplace. However, agents need to ask questions and carefully evaluate the benefits, costs, and terms of membership before deciding to join a particular network. Here are 10 questions an agent should consider before joining an insurance network.   Question #1 – “What’s the reputation of the network?” Research the network’s reputation within the industry and among other agents. Investigate the net ..read more

During a hard market, it’s essential to stay up-to-date as much as possible with industry trends, tools, and developments. Sometimes, it’s difficult to even know where to go when wanting to stay ahead of the curve. For that reason, we’ve compiled a list of resources for independent insurance agents to follow and how to find them. Industry Associations  Joining nationwide insurance industry associations or local chapters can provide access to valuable resources, training programs, networking opportunities, and industry insights tailored specifically to independent agents. Top examples to c ..read more

A blog from ASNOA’s own Director of Education, Laura Hamilton In the ever-evolving world of insurance, where policies seem to change as quickly as the weather, one thing remains constant – the importance of servicing your clients. As we navigate through these challenging times in the insurance market, the value of providing top-notch service to your clients cannot be overstated. Picture this: you’re a client who has just experienced a loss or is in the midst of a confusing claims process. What would you want from your insurance provider? Prompt responses, clear communication, and empathetic su ..read more

In recent years, the insurance industry has encountered its fair share of challenges. However, amidst these trials lie ample opportunities for growth and innovation. From the burgeoning realm of digital transformation to the escalating significance of cybersecurity and the emergence of Insurtech, the future holds promise for insurance agents willing to embrace change. Here’s a closer look at the evolving landscape and the myriad opportunities it presents:   Expanding Horizons: D&O, Corporate Crime, and Professional Indemnity Insurance Insurers are starting to pursue digital asset and ..read more

In an age where online transactions are now an integral part of daily life, the threat of identity theft is at an unprecedented level. As cybercriminals become more technologically savvy, many are vulnerable to devastating financial repercussions. In this climate, the importance of identity theft insurance emerges as a crucial investment. Here are the changes that increase the risk of identity theft and how insurance agents can serve.   More Digital Transactions Increase Risk The surge in digital transactions has significantly increased the risk of identity theft. As more people engage in ..read more

The world seems to be moving faster, with new technologies being introduced in quick succession. A few of these stand out in creating new risks to the public: artificial intelligence, electric vehicles, and solar panels. Because these inventions are so new and fragile in their earliest models, they’re susceptible to external threats, including cyber attacks, physical damage, and the effects of user error. However, these three technologies also present opportunities for independent insurance agents. Artificial Intelligence Artificial Intelligence (AI) has become increasingly prevalent in busin ..read more

As we start off 2024, insurance premiums continue their upward trend… just like prices of groceries, home repairs, and utilities. For many Americans, it’s hard to keep up. In such trying times, every penny counts. Understandably, people begin to explore alternatives, even considering switching insurance providers. But what if there was a way to keep your clients from straying, even during tough economic times? Enter R&R Insurance Advisors, one of ASNOA’s trusted partners, who can help you keep clients for the long term.  Creating Loyalty Through Enhanced Peace of Mind  We all kn ..read more

As we move into the second month of 2024, there are several continuing trends to keep in mind. Besides cybersecurity, AI, and climate-driven changes, there’s also a demand for customized goods and services. For many, consumers have designed their own computers, personalized license plates, and curated their cable stations. From YouTube to MyChart to iPhones, these days, it’s all about catering to the individual. That trend isn’t going anywhere, and it extends to the insurance industry. The Demand for Personalized Services is Increasing  Like so many other products and services, there’s a ..read more

Exploring the Exciting P&C Insurance Trends for 2024 : A blog from ASNOA’s own Director of Education, Laura Hamilton Welcome back, insurance enthusiasts! Today, we’re diving into the fascinating world of Property and Casualty (P&C) insurance to explore the top trends we can expect to see in 2024. From technological advancements to shifting customer expectations, the future of P&C insurance promises to be both intriguing and beneficial. So, let’s hop on this rollercoaster of trends and explore what lies ahead! The Rise of Artificial Intelligence: As we fast forward to 2024, it’s n ..read more

There’s a growing trend of sustainability and environmental consciousness within the insurance industry. If you haven’t yet heard the term, “sustainable insurance” (also known as “green” or “ethical insurance”) refers to integrating environmental, social, and governance (ESG) criteria into business practices. Insurers are doing their best to incorporate eco-friendly practices and green policies, while incentivizing environmentally responsible behavior. Here’s where it started. The Background: Principles for Sustainable Insurance The United Nations’ (UN) Principles for Sustainable Insurance (PS ..read more