The Economy, Insurable Values, and Assisting Your Agents to Adjust
September 8 | 11:00 AM ET
Join the Insurance Networks Alliance for a can’t miss webinar discussesing how the recently accelerated rate of change in insurable values increases agency E&O risks and the potential for client dissatisfaction. Speakers will identify common causes of low ITVs and how they are amplified by supply chain interruptions, record inflation, pandemic impacts on production, and more frequent and severe national catastrophe events, and other factors.
If your member agents ITV practices haven’t been addressed recently, their client’s coverage limits are likely significantly undervalued. Learn how to help your agents take action to address – and importantly – how frequently to address ITV values. Speakers will share how improved modeling and enhanced risk management results in better rates while protecting clients and reducing E&O exposures. Learn specific tools that increase success.
Our agency speaker will discuss how they navigate the complexity of obtaining current data to maintain correct values with their clients. How they educate clients on the financial exposure and explain the liabilities insufficient limits creates for their business. How they get ‘buy-in’ on increased limits and greater frequency of reviews which also result in higher premiums.
If you or your member agents don’t know how to talk to clients about their limits, this webinar is for you.
Runtime: 1 hour, including audience questions.
About Diane Wagner, Chief Operating Officer, First Choice Agents Alliance
Diane Wagner, who has more than 30 years of experience in underwriting, marketing, and coaching, is chief operating officer of First Choice Agents Alliance. Wagner started her career out of high school in central New York and spent the first 20 years working her way up through multiple mergers & acquisitions in the insurance industry. She eventually moved to the Carolinas in 1996 as an insurance company marketing representative. Since 2001, Wagner has been involved with several insurance start-ups, including FCAA. She was recently appointed to the the board of Project Invest.
About Kathleen Ranahan, Founder, Ranahan Business Consulting – Partnered with Big I Hires
Kathleen’s expertise is derived from 20+ years of Business Operations from start-ups to Fortune 500 companies. Her knowledge base encompasses Business and Organizational Development, Performance Management, Employee Relations, Talent Management, and the proven ability to assist with the growth and development of individuals or corporations. Client sectors have included insurance and financial services, high tech, biotech and pharmaceutical. Kathleen earned her Master’s in Business (MBA) from Keller Graduate school of Management in Chicago, and her BA in Organizational Management from Concordia University in Chicago. She completed the Situational Leadership® training through the Center for Leadership Studies in San Diego.