Market Insights

This article was adopted from Mr. Nohre's presentation at the American Association of Managing General Agents' University Weekend, which was held in August in Scottsdale, Ariz.) AS MGAs get larger, they need comprehensive compensation plans. The goal

MOST agency owners agree that now is a great time to be in business. That's not to say that running an agency is easy, but the results have never been better. Agency revenues, including contingencies, are at an all-time high, as are profits. The

Agents and adjusters are free to roam the countryside untethered thanks to a variety of mobile and wireless devices, but as the number of devices and applications keeps increasing, smart insurers are

OVER THE last decade, Vanner Insurance Agency has grown steadily as a result of specialization. The agency's principals--Ralph Vanner Sr., Ralph Vanner Jr., Thomas Vanner, Bradley Hall and William Quinn--sell perhaps 75% of the agency's

ACORD has chosen to focus its energy on incorporating the IBM business process model into the ACORD standards framework. But is a high-level view of insurance processes what insurance carriers want ri

Scandals involving financial improprieties at such firms as WorldCom, Enron and Arthur Andersen have drawn attention to the corporate governance of for-profit and nonprofit organizations alike. Consider also that the number of nonprofit entities has