Weekly news & updates
June 18, 2020
News Affecting You
Trusted Choice COVID-19 Relief Funds Still Available
Thanks to the generous donations from multiple organizations, there is still funding available for Big I members who have been negatively impacted by COVID-19. The application can be completed via the online Trusted Choice COVID-19 Relief Fund. Click to the right to view all guidelines and criteria.
Coronavirus Business Insurance FAQ
Coronavirus's impact on business may soon eclipse in severity any previous economic downturn in U.S. history, even the Great Depression. With many firms shuttered and workers furloughed, business owners quite naturally are concerned about whether their insurance covers COVID-19 claims.

In this FAQ, we address some of the questions you've asked about various types of coverage. If you have specific questions about your policies, contact your independent agent. Please understand there is a great deal of confusion and misinformation today on what a policy might cover. Many policies were not priced with COVID-19 claims in mind.
Insurance Agency Loans - Structure and Collateral
InsurBanc's Keith Mangini discusses the average bank's tendency to base loan value on tangible assets while InsurBanc considers all of the agency's assets - including book of business and predictable cash flow.
How to Use Email Signatures as a Marketing Tool
Every email your business sends is a branding and sales opportunity. With email signature platform tools, the ability to manage your signatures automatically is easy. Whether you're looking for a consistent message or individualized content for each department (think personal lines, commercial lines, etc). These platforms are an excellent addition to your sales strategy.

Source: Steve Anderson
Apply Now for ePayPolicy's InsurTech Awards
The InsurTech Awards, presented by ePayPolicy , aids agencies that are on a path to adopting technological solutions to improve all aspects of their business. Applicants receive a personalized report outlining specific feedback for each department and tips on tech tools that fit their needs. The agency with the highest technological vision and utilization in the industry wins the grand prize of $7,500 worth of services, products and cash prizes. Apply now find out where you stand in the insurance industry and what you can do to improve with personalized recommendations. 
New ABEN, Non-CE Course: Returning to Work During COVID-19 - Legal Considerations
As employers begin returning workers to work in their physical offices during the COVID-19 pandemic, there are many things to consider and many pitfalls to avoid. This presentation will discuss legal requirements with which employers must abide, employee rights, and employer rights and responsibilities.
Political Action is NOT a Spectator Sport
InsurPac and KAPAC, the political action committees of Big I Kentucky opens doors and helps build relationships on Capitol Hill...and it needs every member's help to remain strong.

Don't miss out on your opportunity to be apart of InsurPac and KAPAC 2020. Your industry needs YOU!

Check to see if you have donated by viewing the lists of donors on the webpages linked below.
COVID-19's Impact and the Insurance Industry's Response
As part of the annual Best Practices for Agency Operations webinar series, Brian McNeely from Reagan Consulting presented a 20-minute webinar, COVID-19's Impact and the Insurance Industry's Response, that is now available on-demand. The free webinar offers insight into how the industry is responding to COVID-19 as well as what the future holds. With data on the changes in real gross domestic product from October 2019 to March 2020 and news on economic growth, including projections by line of business, the webinar offers a broad macroeconomic perspective of the industry and outlines specific issues your members may want to think about as they continue to navigate the business in the ever-changing environment.


Source: IIABA
myAgencyCampus: Summertime Learning
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We know independent agents, because we work with independent agents every day. You can trust us to guide you through the process and get you the coverage you need.  

Contact Kristie Weyer, Insurance Services Director, at [email protected] or call 502-245-5464 to get the process started.
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