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The Power of Partnership
Written by
rvaughn
NFAN is celebrating our 15th year and #67 in the Top 100 Largest Privately Held Independent Insurance Agencies in the USA!
Written on Saturday, 06 October 2012 15:42 in NFAN News
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Tropical Storm Debby
Written by
rvaughn
About 2 weeks ago we had TS Debby visit our area leaving hundreds of homes & businesses either destroyed or heavily damaged by flood waters. Flooding has always been more destructive than wind as with wind damage you make repairs & move on.
Todays news headlines are all about the emergency FEMA offices being established & directing storm victims to visit these offices to make their claims.
Has our insurance industry abdicated our responsibility, should victims be lined up at insurance offices to make these claims? Just wondering.
Written on Wednesday, 11 July 2012 14:09 in Industry News
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NFAN Value
Written by
rvaughn
Tim came to our NFAN 5/18 meeting in Tallahassee shortly after learning that one of his largest commercial accounts was being non renewed. He visited every company roundtable at the meeting, found one of our Partnership Companies willing to listen, earned a direct appointment with the company, managed to save the account & produce a nice bonus potential for his agency.
That is how you maximize the return on your investment in NFAN. Way to go, Tim Treweek!
Written on Monday, 02 July 2012 14:38 in NFAN News
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Workers Comp Rates
Written by
rvaughn
Year end 2011 workers comp combined ratio for Florida comp carriers was 117! Probably means that the party may be over for declining rates & highly competitive marketplace for WC in our state.
Written on Thursday, 14 June 2012 22:04 in Agency News
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Marketing ideas
Written by
rvaughn
After visiting 5 of our top producing agencies over the last 2 days, we are finding that NFAN members sharing marketing ideas with fellow members represents one of our most powerful growth opportunities!
Written on Friday, 04 May 2012 12:01 in NFAN News
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NFAN 2011
Written by
rvaughn
On 5/18 in Tallahassee, NFAN will celebrate our great year in 2011 with our members, company partners & with a report from SIAA our national partner. Members will learn that 2011 was by far our best year ever in our 15 year history. We will distribute bonus money, members will have opportunity to network with other members and meet with underwriters & vendors. Should be a great day.
Written on Sunday, 15 April 2012 22:36 in NFAN News
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Hard Market?
Written by
rvaughn
Has the devastating storm season of 2011 changed property insurance rates in 2012? We are seeing it.
Written on Wednesday, 04 April 2012 21:57 in Industry News
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Insurance Distribution System
Written by
rvaughn
Conventional wisdom is that the former walls between Captive Agency Companies, E&S brokers, Online wholesalers, etc are coming down. What does this mean for conventional independent agencies like us?
I think that one thing it means is that we need to be very careful about who we choose to partner with. Our 'partner' could end up becoming our competitor.
Written on Wednesday, 15 February 2012 23:04 in Agency News
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Education
Written by
rvaughn
One investment that I have always received a great return on was the investment made in staff training classes. The good news is that we are now receiving great support from our leading carriers. Most of our lead carriers now offer training classes for producers and csr's that are either free or heavily discounted.
Written on Thursday, 08 September 2011 17:46 in Agency News
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Binding Authority
Written by
rvaughn
Been so long since we have been restricted on binding authority in Florida, had forgotten how disruptive it is to growth!
Irene obviously has our attention.
Written on Monday, 22 August 2011 22:06 in Carrier News
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The Power of Partnership
Saturday, 06 October 2012 15:42Tropical Storm Debby
Wednesday, 11 July 2012 14:09About 2 weeks ago we had TS Debby visit our area leaving hundreds of homes & businesses either destroyed or heavily damaged by flood waters. Flooding has always been more destructive than wind as with wind damage you make repairs & move on.
Todays news headlines are all about the emergency FEMA offices being established & directing storm victims to visit these offices to make their claims.
Has our insurance industry abdicated our responsibility, should victims be lined up at insurance offices to make these claims? Just wondering.
NFAN Value
Monday, 02 July 2012 14:38Tim came to our NFAN 5/18 meeting in Tallahassee shortly after learning that one of his largest commercial accounts was being non renewed. He visited every company roundtable at the meeting, found one of our Partnership Companies willing to listen, earned a direct appointment with the company, managed to save the account & produce a nice bonus potential for his agency.
That is how you maximize the return on your investment in NFAN. Way to go, Tim Treweek!
Workers Comp Rates
Thursday, 14 June 2012 22:04Marketing ideas
Friday, 04 May 2012 12:01After visiting 5 of our top producing agencies over the last 2 days, we are finding that NFAN members sharing marketing ideas with fellow members represents one of our most powerful growth opportunities!
NFAN 2011
Sunday, 15 April 2012 22:36On 5/18 in Tallahassee, NFAN will celebrate our great year in 2011 with our members, company partners & with a report from SIAA our national partner. Members will learn that 2011 was by far our best year ever in our 15 year history. We will distribute bonus money, members will have opportunity to network with other members and meet with underwriters & vendors. Should be a great day.
Hard Market?
Wednesday, 04 April 2012 21:57Insurance Distribution System
Wednesday, 15 February 2012 23:04Conventional wisdom is that the former walls between Captive Agency Companies, E&S brokers, Online wholesalers, etc are coming down. What does this mean for conventional independent agencies like us?
I think that one thing it means is that we need to be very careful about who we choose to partner with. Our 'partner' could end up becoming our competitor.
Education
Thursday, 08 September 2011 17:46Binding Authority
Monday, 22 August 2011 22:06Been so long since we have been restricted on binding authority in Florida, had forgotten how disruptive it is to growth!
Irene obviously has our attention.
