Monday, January 22 | 4:00 PM
Helping Your Agents Embrace Technology – Employing ChatGPT and Other Innovations Today
Eric Weisburg, Datos Insights
Technology, including AI, promises to transform insurance distribution and agency operations. Attendees in this session will hear how AI, data and digital innovations are taking agency technology beyond the AMS and enabling superior achievement and productivity. Expect to hear how new capabilities like ChatGPT can be exploited by agencies to improve prospect and policy holder engagement in a risk-free manner.
Tuesday, January 23 | 9:00 AM
Opening General Session
Steve Pearson, ISU Insurance Agency Network
This State of the Insurance Networks Alliance offers an overview of the only organization dedicated to insurance agency networks, its current membership, and future of the independent agent distribution channel.
Tuesday, January 23 | 1:30 PM
Navigating the Shifting Landscape of Restrictive Covenants in the Insurance Industry
Diana Estrada, Wilson Elser
Amanda K. Monroe, Michelman & Robinson, LLP
Mike Strakhov, Live Oak Bank
Producer and employment contracts, Network Agreements, M&A transactions will all be impacted by The Federal Trade Commissions (FTC) proposed ban on non-compete agreements. Various states are proposing legislation that would severely limit restrictions as well. Our panel of legal experts will discuss issues with the greatest impact for networks and agent members and provide guidance on how best prepare for these changes. A robust Q&A answers your operational questions.
Takeaways from this discussion include:
- Overview of current enforceable Federal and State laws
- Where legislation is heading in the near future
- Strategies for developing new contracts and restructuring existing contracts
- M&A implications when assuming existing contracts
- When legal review of contracts should be considered
- Key take-aways to ensure your contracts are current and enforceable
Tuesday, January 23 | 3:30 PM
The E&S Market – Agent E&O Loss Control Considerations for Networks and Member Agencies
Mark Angelucci, Utica National Insurance
An increasing amount of business is being placed by independent insurance agents in the non-admitted / E&S marketplace, and with a tight property market, homeowners’ and commercial property business will increase these placements significantly. Agents who have traditionally used standard markets may inadvertently be overlooking policy exclusions, reduced limits, special coverages, insurance to value changes and more. This presentation will discuss the processes networks should have in place to help you and your members avoid E&O claims.
Wednesday, January 24 | 9:00 AM
Adapting to a Rapidly Changing P&C Marketplace: The Shift from Standard to E&S Insurance Markets
Steve Pearson, ISU Insurance Agency Network
Jason Boger, CRC Group Insurance
Marc Fuhrman, Burns & Wilcox
Jessica Hendricks, EMC Insurance
Rene Swan, Renaissance
David Wilson, Smart Choice
The shift towards E&S markets is a reflection of the evolving nature of risks and the need for the insurance industry to adapt and innovate to meet these challenges. Insured are increasingly seeking customized solutions to address their unique risk profiles, and E&S markets are positioned to provide this level of flexibility and adaptability. Join our panel of experts as they discuss the changing capacity of standard markets and where E&S markets are now meeting these coverage gaps.
Takeaways from this discussion include:
- Is the move to E&S Markets stabilizing or accelerating?
- What are some of the drivers for increased E&S market share?
- Agency best practices to help consumers understand market conditions and changes in E&S pricing and coverage.
- For agencies, what are some technology differences between the Standard and E&S marketplace?
- What a Network can do to find alternative market solutions for their members, such as program development or contracting with more regional carriers.