Category Archive: Data & Analytics
LONELY AT THE TOP
As a firm leader, it can be lonely at the top. While service staff maintain accounts, production staff drum up new business, and managers run the day-to-day; leaders in the C-suite are left with isolating responsibilities like long-term planning, strategic staffing decisions, and firm perpetuation. So how do you know you’re making the right decisions and setting forth the best strategies?
Top Brokerages & Agencies Show Resilience During Downturns
Today’s ViewPoint examines how the Best 25% of firms are performing and how you can position your firm for outsized organic growth. This article will highlight the performance of top brokerage firms that report to MarshBerry’s proprietary financial management system Perspectives for High Performance.
Analyzing AM Best’s Performance Assessment for DUAEs – Part 1
AM Best officially launched its Performance Assessment (PA) methodology for assessing Delegated Underwriting Authority Enterprises (DUAEs), with the intent to provide greater transparency for the insurance industry. DUAEs, categorized as managing general agents (MGAs), managing general underwriters, coverholders, program administrators, program underwriters, underwriting agencies, direct authorizations and appointed representatives, can provide the PA information for interested entities, including investors, venture capitalists, and carriers who may use the PA to help evaluate potential partners and clients.
2022 Looks To Be Another Boom Year For Private Equity Deals In Insurance Brokerage
The robust market for private equity (PE) deals in the insurance brokerage space looks likely to continue into 2022 after a banner year in 2021. There are several reasons for the upwards trend in these deals. Learn about private equity trends in 2022 from MarshBerry.