Hiring That First Good Producer April 7, 2014 By Chris Burand Hiring that first good producer may be the most difficult single step/achievement an independent agent undertakes. It is so difficult,...
Burand’s Agency E&O Blog: Tip #56 March 27, 2014 By Chris Burand Personal Lines Quote Sheets. In most agencies, CSRs base their personal lines quotes off the data gathered per their quote...
Burand’s Agency E&O Blog: Tip #55 March 24, 2014 By Chris Burand Fees & Agency’s Standard of Care. An agency’s Standard of Care requirement has many moving parts and variables. Simple answers...
Insurance Company Stability March 10, 2014 By Chris Burand Many years ago, a well-known insurance company went from being highly rated to insolvent almost in a fortnight. Most people...
Burand’s Agency E&O Blog: Tip #54 February 21, 2014 By Chris Burand Fees & Agency’s Standard of Care. An agency’s Standard of Care requirement has many moving parts and variables. Simple answers...
Why Agencies Need to Pay More Attention to Insurer Insolvency February 10, 2014 By Chris Burand A myth is sneaking into the industry that insurer insolvency is not as important today. Belief in this myth is...
Burand’s Agency E&O Blog: Tip #53 January 23, 2014 By Chris Burand TPA Activities. Some agencies are unknowingly conducting TPA activities. Others are knowingly offering these services without knowing whether their E&O...
The Profit Compression January 13, 2014 By Chris Burand The bad news is independent agency profits are and will continue to be compressed. The good news is that for...
Burand’s Agency E&O Blog: Tip #52 December 27, 2013 By Chris Burand Update Census Forms on AORs/BORs. When an agency takes over a group benefits account by AOR or BOR, it is...
Burand’s Agency E&O Blog: Tip #51 November 27, 2013 By Chris Burand State Guaranty Funds. Many agency owners, producers, and CSRs believe state guaranty funds provide blank insolvency protection for any client...