The annual carrier assessment: Is it time to end a relationship?

Now is the time for agents, brokers and risk managers to reconsider their insurance-carrier relationships.

By Gary Pearce | November 05, 2020 at 12:00 AM

While chronic shopping might not be a good idea, agents, brokers and risk managers should be wary of the automatic perpetuation of a long-term carrier relationship. (Shutterstock)

With risk management being more important to businesses than ever before and insurance being the foundation of most risk management programs, now is the time for agents, brokers and risk managers to reconsider their insurance relationships and determine whether changes are in order.

Here are some tips on how to proceed.

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