Good Assurance

The latest business news for the Property & Casualty insurance industry



Identity protection helps insurance brokers to improve their brand

Awareness of cybercrime has grown enormously in recent years thanks to the spread of media attention around large-scale attacks. Since data breaches such as the Marriott / Starwood incident (discovered in September 2018) and the hack of British Airways (reported… Continue Reading →

Why the & # 39; big bang & # 39; consolidation of insurance brokers did not take place

Merger and acquisition activity (M & A) in the insurance sector has experienced three consecutive growth periods of six months for the first time since 2009. Global merger and acquisition activity increased by 9% in 2018, with 382 M &… Continue Reading →

Jager or hunted – brokers must be ready for mergers and acquisitions

The market for mergers and acquisitions (mergers and acquisitions) in North America is on fire. According to PwC, the value of mergers and acquisitions in the US insurance sector in 2018 increased to USD 40.3 billion, more than double the… Continue Reading →

Texas Brokers have until February 28 to correct policies for late dated surplus rules

Brokers who submit a surplus policy from Texas to SLTX will have until 17.00 hours until 28 February 2019. the stamp office reported the central time to submit any necessary adjustment forms or make corrections before the annual report from… Continue Reading →

The nod to ILS for the insurance sector can be a blessing for brokers

The market for insurance-related securities (ILS) has come to life in recent years. Reinsurance and insurance companies have started to adopt ILS as a dedicated source of capital that can offer risk protection at an attractive price. They also realize… Continue Reading →

How can brokers help customers see the wonders of insurtech?

Disruption is not that frightening – these are the words of founder and CEO Jason Keck of Broker Buddha (photo) when he was asked about the most important lesson that Insurtech has brought to industry in the past year. Although… Continue Reading →

IIABA praises tax refund for insurance agents and brokers

Following the implementation by the Internal Revenue Service of section 199A of the tax code, both the Council of Insurance Agents & Brokers (CIAB) and the Independent Insurance Agents & Brokers of America (IIABA) have issued a statement in which… Continue Reading →

Auto insurance brokers receive a commission of nearly 20% when the safest drivers receive optional insurance

ICBC documents show that insurance brokers can receive a commission of nearly 20% on optional insurance packages. Global News has obtained a copy of the 2019 Broker Compensation Plan which outlines a fee structure ranging from the basic premium of… Continue Reading →

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