Insurance franchises are one of the most profitable business ventures in the insurance industry. Whether you are an experienced agent wanting to level up, an entrepreneur looking for a low risk yet lucrative opportunity or an ambitious professional seeking a new business opportunity, opening an insurance franchise can be both convenient and rewarding. However, among … Read more
A Business Owner’s Policy (BOP) is an essential insurance package that provides comprehensive coverage for small to medium-sized businesses. It combines various types of insurance into a single, convenient policy, offering protection against many of the risks that business owners face. This article explains what a Business Owner’s Policy is, why it is important, and … Read more
After a decade of working closely with black cab drivers, we’re sad to announce that we can no longer offer black cab insurance. Unfortunately, the decision has been taken out of our hands. A change of strategy by our insurance provider has left us without the necessary support to continue these policies. If you’re an … Read more
As 2024 draws to a close, it’s a good time to reflect on what the insurance industry achieved, what surprised us and how longer-term trends progressed. From an industry results perspective, 2024 was a strong year. Buoyed by rate increases and continued (but diminishing) interest rates, carriers saw global insurance premiums grow by 4.6% in … Read more
While rising premiums have been the primary driver for commercial property insurance growth for years, a 25-quarter rate increase streak broke in early 2024. Strong risk-adjusted capitalization and adequate liquidity may sustain the stable outlook, notwithstanding formidable risks, according to Triple-I’s latest insurance brief Commercial Property: Trends and Insights. The brief focuses on several core … Read more
