Finance is a growing small business category that independent insurance agents can quote with Coterie Insurance—in minutes. To aid your understanding about the insurance needs of small business owners in this category, below are seven risk exposures financial service providers face, from both a property and liability perspective. Fire and Water For financial fiduciaries, property […]
From Policy to Loss to Recovery: Relationships Drive the Small Business Insurance Experience
David Brisco, Subrogation Attorney with the California-based law firm, Cozen O’Connor, joins “And I Quote” this week to illustrate how the importance of relationships surges throughout the insurance experience. When an insured suffers a loss caused by a third party, insurance companies reserve the right to subrogate against the third party. This means they could […]
Professional Liability Insurance Policies Defend Against Rising Excessive Fee Lawsuits
As an insurance agent, you like know that any employer-sponsored retirement plan may present a liability exposure to lawsuits alleging excessive fees for service. Historically, these lawsuits have been filed against only the largest corporations. In the past three years, smaller retirement plans increasingly are being targeted. Excessive fee litigation can impact publicly traded companies, […]
From Social Influence to BNI Groups: This is How to Build a Network that Works
Insurance Broker and Social Influencer Brett Fulmer, better known as Broker Brett, and Trevor Hayes from Advantis Insurance Services, join, “And I Quote,” to discuss lessons learned from the radically different ways each builds his professional network. “There’s no way it doesn’t work out,” Trevor said about the importance of networking. “The network is what […]
Understanding the Care, Custody or Control General Liability Exclusion
General liability (GL) policies often have a care, custody, or control (CCC) exclusion written into them. In simple terms, this means that if you take possession of someone else’s property and the property is damaged while in your possession, your insurer could deny the damage claim based on the CCC exclusion. Defining Care, Custody and […]
See it Now: Key Insights to Make Your Agency Stand Out
Cassidy Arbeli is a Las Vegas-based insurance agency consultant who teaches entrepreneurs how to plan for business growth—and how to make sure that growth is profitable. Cassidy joins “And I Quote” this week to share her successes, mistakes, and the proven strategies she used to build several of her own successful businesses, multiple streams of […]
Why I Held Our Team’s Hackathon in My Rural KY Hometown
By Jake Petway, Director of Engineering at Coterie Insurance I’m going to start with the elephant in the room. My hometown of Paducah, KY is not a conventional pick for hosting a Hackathon. For that matter, I can’t imagine many rural areas would make most lists to host 40 or more team members. The short […]
Professional Liability Covers Risks from Technology Errors and Omissions
Every business has unique risks that can seriously harm its operations if not properly addressed. As a business utilizing technology to produce and deliver products or services, it’s important to recognize and take precautions against risks that your commercial general liability (GL) coverage doesn’t include. Professional liability coverage, also referred to as errors and omissions […]
Learn how Hayek Insurance Agency Builds Relationships to Drive Success
Roger Hayek, owner of Hayek Insurance Agency, and Christopher Depalma, owner of two small businesses with multiple locations, are an agent-client powerhouse in California. In this week’s episode of, “And I Quote,” Roger and Christopher share their compelling story about how everyone—agent, business owner and community—benefits from quality relationships. “That’s the formula for success,” said […]
Five Reasons Independent Insurance Agents are Key to Small Business Success
Fire, weather, crime, negligence, bad luck—accidents come in every shape and size. Insurance carriers are fond of saying they protect you from such mayhem. In reality, small business insurance protects your financial investment, funding your ability to recover from a loss and get back to the business of running your business. No one knows more […]
Hear How Go Fund Your Life Agency Owner Drives Growth Through Impact
Tears, prayers, celebrations—insurance agents see and hear it all. This week on “And I Quote,” Nicole Simpson shares the strategies and steps she took to pour everything she’d seen and heard as an agent into her dream of coaching people in urban communities about financial safety and the importance of insurance. In 2016, Nicole founded […]
How Much Does Small Business Insurance Cost?
A record 5.2 million people took the leap into small business ownership last year. Like you, each one faced important questions, not only about their products or services, but about how they will manage their risk. Who needs insurance and what kind? Where can you find a policy that fits your needs? And how much […]
