Issue #249 - 2.29.24

Navigating the Hard Market: How Agencies are Reacting

In what ways are independent insurance agents adapting to the hard market?  Trusted Choice–the national consumer brand representing the members of the Independent Insurance Agents & Brokers of America (Big I)–examines that question in-depth in its newly released report, Navigating the Hard Market: How Independent Agencies Are Reacting. The publication provides survey results and analysis on measures that agents across the country are implementing as they navigate the current market.

A Hard Market Series Blog also features articles that delve into essential strategies and real-world accounts of how independent agents are maneuvering through the challenging market landscape.

Remember the Hard Market Toolkit is available to all IIABAZ Members.

Take a Look at Lloyds

Big “I" Markets is now an approved Lloyd's coverholder, providing agents access to non-standard homeowners markets in Arizona. Please take a moment to view a product overview flyer detailing target property types and product features.

Access Big I Markets

Data-Driven Marketing Webinar

The Big “I" Agents Council for Technology (ACT) and Agency Revolution will host a free webinar for IIABAZ Members on March 13th at 11 a.m. covering data-driven marketing.

In this webinar, agents will find out:

• How to maximize the data they already have
• Ways smart marketing can help them achieve goals
• What techniques they can use for smarter marketing decisions

Register Now

Demystifying AI in Insurance

LULA recently hosted a webinar with Co-Founder, Michael Vega-Sanz and Chris Cline, the Executive Director of Agents Council for Technology for Independent Insurance Agents & Brokers of America (Big "I").

Check out the webinar recording where Michael and Chris discuss how AI is already changing the technology landscape for insurance, eliminate myths and explain why AI is so important for agencies. Use cases extend across the customer lifecycle, from supporting initial sales calls to servicing existing customers. Actionable steps to get your agency adopting tools to increase revenue is provided!



Click here for the Recording

Consumers Think Homeowners and Renters Policies Cover Flood Damage

A recent survey revealed that two in three consumers believe homeowners and renters policies cover flood damage. Learn More

Patrick McHenry to Speak at Big I Legislative Conference

House Financial Services Chair Patrick McHenry (R-NC) will join Big I CEO Charles Symington for a “fireside chat” at the Legislative Conference. Rep. McHenry is just one of the many featured speakers lined up for this premier event on April 10-12 at the Westin Washington, D.C. Downtown Hotel. Register and attend for your opportunity to join other agents and speak to your federal legislators in a unified voice. 

Register before March 11 to take advantage of the early-bird registration discount.

The E&O Guardian

The E&O Guardian website is designed to provide IIABAZ Members key information and tools to mitigate agency errors and omissions. Access to the E&O Guardian risk management website is an exclusive Big “I” member benefit. Content includes checklists, procedures manuals, disclaimers, letters and more. Go to the E&O Guardian

Your Ultimate Guide to Navigate Social Media in 2024

Did you know the average adult spends over 2 hours on social media every day? Refresh your social media strategy and position your agency to capture more consumer attention. Get the Guide

Helpful Links

• Insurance License Search
• CE Transcript
• AZ License Application
• DIFI Actions, Hearings and Reports
• NCCI Arizona Advisory Resource
• FloodSmart for Agents
• Consumers' FloodSmart

Got Insurance Questions?

Ask An Expert

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

Thank You Industry Partners

Advocate

Liberty Mutual, Safeco & State Auto Insurance



Benefactors

Builders Insurance Group

Capital Premium Financing

Commonwealth Casualty Company

Hallmark Financial

Insurors Indemnity Companies

JM Wilson

Mountain States Insurance Group

Pathward Insurance Premium Finance

Progressive Insurance

SECURA Insurance

Travelers

UFG Insurance

Supporters

Auto-Owners Insurance

EMC Insurance Companies

RLI Insurance, Surety

Friends

AmTrust Financial Services

Carstar T&S Body Works

TME Travel Insurance

IIABAZ is grateful for the support of our Partners, who are committed to strengthening Arizona’s independent insurance agency system. Thanks to their generosity, the IIABAZ continues to fulfill our mission of helping our members build, thrive and grow.