Program Managers vs. Wholesalers: Understanding Their Roles in Property-Casualty Insurance

Federal backstop program for natural catastrophes

Program managers and wholesalers are the heartbeat of the ProgramBusiness.com Market Directory. It is a content-rich platform connecting wholesalers, MGAs/MGUs, program administrators, and carriers with independent agents looking to place business. Agents use it to quickly make contacts and begin their clients’ underwriting, quote, and submission processes. This guide explores the vital distinctions between program… Continue reading Program Managers vs. Wholesalers: Understanding Their Roles in Property-Casualty Insurance

Why Are Insurance Companies Laying People Off?

Major players like Farmers and GEICO are cutting back their workforce by 11% and 6%, respectively. What’s going on? The headlines alone might evoke a sense of dread, but a deeper look into the pressures driving the cutbacks reveals the potential for emerging opportunities. A behind-the-scenes look into how insurance companies are pivoting suggests that… Continue reading Why Are Insurance Companies Laying People Off?