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3 selected articles
Agency Models: What Defines Today’s ... - Insurance Journal
These models allow groups of agencies to mass business with insurance carriers to give the agency access to markets and avoid minimum premium thresholds for their individual business.
One problem with clusters, Burand said, is that many lack management. Hundreds exist today shoving business through the program without control.
One cluster group that's experienced success in recent years is...
Related topics : insurance aggregators list / insurance aggregator business model / aggregator insurance model
AIG, Fitch Put AIG Under Review Citing Reinsurance Deal ...
American International Group won't be reporting its Q4 2016 financials until Feb. 14, but a disclosure about a "material adverse reserve adjustment" from the insurer for its U.S. commercial business drew warnings from both A.M. Best and Fitch Ratings.
A.M. Best said it will place under review with negative implications the long-term issuer credit rating (ICR) of "bbb" for AIG, and the financial...
Related topics : long tail insurance business
How Agents View Agency Aggregators - Insurance Journal
About a quarter of independent insurance agents say they work at a firm that belongs to an aggregator cluster. But very few whose agencies don't already belong to an aggregator want their firms to join one, a fact challenging the trend of the recent, rapid growth in overall aggregator membership.
This is one of the findings of a recent national survey of independent insurance agents conducted by...
Related topics : insurance aggregator business plan / insurance aggregator
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