Issue #238 - 7.11.2023

The State of Tech in Independent Insurance Agencies

Curious about which tech platforms independent agents are using and how satisfied they are with each? Want to understand which tech investments will increase the value of your agency?  

Catalyit partnered with Big I State Associations to survey independent insurance agencies across the country to learn about their current tech stack. This free report for IIABAZ Members shares findings from the survey, and insights on how each area impacts agency value.

Check out The State of Tech in Independent Insurance Agencies

No One Said it Would be Easy.

Navigating the Current Hard Market Free Webinar

The insurance market goes through cycles. In a soft market, the prices go down, policies are favorable to the insured, and the underwriting is relaxed. When the market turns and hardens, that all goes away. Prices go up. Underwriting gets strict. Exclusions appear everywhere.

The indications are that we are involved in a serious hard market. There have been record insolvencies in Florida. Several carriers have stopped writing new business in California. Insurers in every state are reacting to the hardening market.

The Insurance Journal's Academy of Insurance has brought together a panel of experts to discuss what is going on in the market and how agents can respond to it. Our panel for this conversation includes two Academy faculty members, Nancy Germond, Bill Wilson and Scott Margraves.

Free 1 Hour Webinar by Insurance Academy on August 3, 2023 at 10:30 a.m. Arizona Time/Pacific Time.

Details and Registration

Strategize & Deploy: Tech-based Solutions for Today's Insurance Agents - Complimentary LinkedIn Live Event

Join Chris Cline, Executive Director of the Big I's Agents Council of Technology (ACT) on July 18th at 11am AZ Time for a panelist discussion with Becky Monfre, VP of Digital Accounts at Coterie Insurance and Sydney Roe, Director of Agency Marketing at Vertafore

 - Learn the benefits of adopting technology for agency growth and efficiency

 - Explore emerging technologies

 - Hear how automation can improve efficiency and productivity for independent agents

 - Learn about trends that may impact independent agents in the future

 Register here: (1) Strategize & Deploy: Tech-based Solutions for Today’s Insurance Agents | LinkedIn

The Arizona Surplus Line 2023A Tax Report

Beginning July 5, 2023, the semi-annual tax reports (2023A) effective 1-1-23 thru 6-30-23 for Arizona only risks and for multi-state risks, 1-1-23 thru 6-30-23 will be ready for downloading. Tax Reports are Due on August 15, 2023.

Get the Surplus Line Association of Arizona's Bulletin for more information.

Helpful Links

• Insurance License Search
• Continuing Education Transcript Search
• Insurance License Application
• DIFI Enforcement Actions, Hearings and Reports
• NCCI Arizona WC State Advisory Resource Site

Got Insurance Questions? Ask An Expert

Find Solutions to tough technical questions with Big I experts. Free Member Resource. 

Thank You Association Industry Partners

ADVOCATE

Liberty Mutual, Safeco Insurance & State Auto Insurance

STEWARD

Commonwealth Casualty Company

BENEFACTOR

Acuity Insurance

AmShield Insurance

Aspera Insurance Services

Capital Premium Financing

CopperPoint Insurance Companies

EMC Insurance Companies

Hallmark Financial Specialty Personal Lines

Homeowners of America Insurance Company

Imperial PFS

Insurors Indemnity Companies

JM Wilson

Mountain States Insurance Group

Pathward Insurance Premium Finance

SECURA Insurance

Travelers

SUPPORTER

Burns & Wilcox LTD

Pie Insurance

TME Travel Insurance

UFG Insurance