The MGA Market Boom Fuels Channel Distribution Plans
A new ReSource Pro research report examines the channel distribution plans of MGAs in 2023, including their current partnerships, how they expect distribution to change in the next few years, and their strategies to expand various channel partners over the next few years.
Navigating the Insurance Talent Crisis for a Resilient Future
The insurance industry continues to find itself in a talent crisis. The workforce challenges we are facing are not entirely new. Some of them are the lasting impact of the pandemic, while others have come and gone over time as the result of a changing world.
Fatima Dean on the Evolution of Underwriting
Fatima Dean, Director of Client Development, wrote for Insurance Journal about how technology is impacting underwriting and how underwriters can adapt.
How Lean Process Mapping Can Benefit Insurance Organizations
Lean process mapping is a Lean management tool that involves breaking a process into step-by-step instructions and creating a flowchart to identify areas where work can be streamlined or eliminated. It enables businesses to boost quality, efficiency, and communication; ultimately improving customer experience.
Annual Returns: When and What to File
Once a business registers with the Secretary of State’s Office in a domicile or foreign jurisdiction, it needs to keep that information current.
It’s common for various business types to have different filing requirements and deadlines—even within the same jurisdiction.
Channel strategies and plans for MGAs
This research report examines MGAs’ current and future channel expansion plans, including how they expect distribution to change, the most common partnerships/affiliations they use today, their sentiment toward insurtech partnerships, and the types of channels MGAs plan to leverage in the next three years. The report concludes with ReSource Pro’s tips for MGAs aiming to […]
Governance: What, Why, and How
Governance is a critical part of any business, whether it’s a small startup or a global enterprise. A solid governance structure can have a range of benefits, from attracting investors to ensuring a business stays on course during a crisis, or even helping create strategies for continued growth and resilience.
Agency and broker talent strategies in 2023
This research report features the talent strategies and plans for retail agencies and brokers in 2023 based on a survey of agency executives. The report features agencies’ new approaches to workforce strategies, including attracting, retaining, and reskilling talent. The report also includes the evolution of key agency roles, plans for developing agency leaders, and agencies’ […]
The Three ‘As’ of AI in P&C Insurance
There are three ways insurance companies are and can leverage the power of AI: automation, augmentation, and action – the three “As.” However, there remain concerns over the use of AI in insurance, including data privacy concerns, ethical issues, and its ability to ensure fair decision-making.
Augment your team with Underwriting Assistance
Reimagining Underwriting with Scalable, Data-Driven Support, Underwriting Assistance Underwriters sit at the center of some of the most significant changes reshaping the insurance industry today. Intensifying competition, mounting expense pressure, higher customer expectations, and the growing need to better leverage data have all increased the demands placed on underwriting teams. At the same time, submission […]