You have started preparing for year-end. You’ve been reading our weekly articles, and performance reviews are done (or scheduled!). Now what? It’s time to dig deep into your receivables and payables. This is daunting for an insurance agency that processes agency bill invoices, but it is an important part of your month end and year … Read more
A few weeks ago, we posted a year-end checklist that included employee performance assessments as an action item. It is no secret that employee performance appraisals have an overwhelmingly negative reputation. Opinions vary greatly, but some of the most common feedback I hear is: they are a waste of time, the feedback doesn’t go anywhere, … Read more
It’s the most wonderful time of the year! Right? Yes! As the end of the year approaches, there are several crucial tasks that need–and should–be completed to ensure you enter 2024 well-prepared. Some are accounting/financial, some are strategic, but all are important! Here’s a quick overview of steps to help prepare for a smooth year-end … Read more
While generative AI tools offer immense benefits, they also come with legal risks. Insurance brokers, producers, and account executives need to be aware of these risks and take steps to mitigate them. The biggest risk is data protection. Are administrative tasks holding back your insurance brokerage firm’s growth potential? The era of Artificial Intelligence (AI) … Read more
Over the past several weeks, we have been throwing out accounting terms, history, and a few good jokes…Most of the information has been high-level and could easily be used by those outside of our **amazing** industry. Today, however, we are going to look at a topic that is very specific to insurance agents. And not … Read more