New England Insurance Agent Blog

Insurance historical ephemera: Fire maps

Managing risk isn't a new concept - merchants in ancient days used to distribute loads across many vessels to protect against weather hazards and robbers; they would also band together to insure their goods through various mechanisms. But modern insurance really began taking shape in London in the 17th century. Fires were a devastating risk for businesses and homeowners alike. The Great Fire of London in 1666 destroying more than 13,000 houses.

A Facebook advertising toolkit for insurance agencies

Have you been considering a Facebook ad campaign to bolster your agency's sales? If you have an active Facebook page, boosting your posts to give them more exposure might be the next logical step. Or you may be ready for a more robust, targeted ad campaign. The best thing about social media advertising is that you can stick a toe in the water to test it with as little as $5, $10 or $20 a day.

Will the insurtechs steal your lunch?

If it seems like every week there's a new would-be insurance disrupter clamoring to knock you down and steal your agency's lunch money, you're not being paranoid. Venture capitalists have pumped more than $4.4 billion into insurtech in the last two years alone. But if you are looking over your shoulder at the insurtech startups, you may be looking at the wrong threat. While there is a profusion of start-up techs eager to transform the way people buy insurance, a new analysis by global management consulting firm McKinsey says that the main threat may lie elsewhere.
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