Showing posts with label Insurance. Show all posts
Showing posts with label Insurance. Show all posts

Sunday, September 18, 2011

Financial & Insurance Trade Magazine Publication News - Broker World Magazine Charms Brokers

The quantity of financial and insurance trade magazine publications increases yearly. Broker World Magazine remains the premier insurance news magazine for independent brokers. See why independent brokers are loyal to Broker World insurance magazine for leading content news in the insurance and financial industry trades.

Some trade magazines are devoted to members of a certain insurance or financial association, thereby biasing details presented to conform to association ideals. Other news journals are devoted to a certain segment of the insurance sales market, or promote sophisticated financial principles to both regular agents and independent brokers. Broker World is ideally designed for all brokers and mainly supported by the advertising of brokerage orientated insurance companies and independent marketing organizations.

To clarify matters, some trade words and meanings often become blurred. The fuzzy terms with distorted implications are "agents", "brokers", "advisers", and "news content."

AGENTS Typically, captive to one insurer, agent turnover is a major concern. Since only 7 out of 100 agents reach their fourth anniversary, some then become professional enough to broker. Therefore, the Broker World magazine phrase of ideas for life and health professionals holds true meaning.

BROKERS This is a licensed agent who at least occasionally places business outside of one main insurer. These producers who currently number 480,000 in the United States could be further divided into two groups. Semi-independent agents are representatives under contract with a main company, yet place cases with one or more other providers.

Independent brokers decide to represent often up to a dozen insurance companies, have their own office space, and rely 100% on their personal selling abilities. Insurance brokers like those subscribing to Broker World Magazine, average 7.6 years experience and commonly are contracted with four total insurance and financial companies.

ADVISORS Until the average industry experience level of 4.3 years is bypassed, not enough knowledge or selling skills are obtained to proclaim yourself a financial advisor or insurance expert. There is one association that labels newbie insurance agents trainees as financial advisors. This same association points its news information to promote captive career agent/advisors to stay strictly with one company. Yet their advertisers differently change the concept within the ad messages. The advertising entices agents to look at brokerage style offers extensively. No wonder why career agents that endure, prefer becoming brokers.

BROKER WORLD This monthly trade magazine supports the brokerage concept from the onset. Cathy Fritz, the associate editor, has ensured advertisers that their subscribers are mainly brokers. Whereas the association magazine, one of its competitors, has five times the news recipients and not many more brokers. Company and independent brokerage firms are often unknowingly hitting a small fraction of the intended broker audience.

NEWS CONTENT What is inside the guts of the competing magazines other than an overload of ads? All fail by catering too much to prominent company leaders as being information gurus. To be fair to Broker World, there is name and picture emphasis given to brokerage group members. Still missing from all is what the brokers really want. They want and need practical tips, tricks, hints, and new ideas, from slightly above average producers where income increases of 20% annually may occur.

Broker World gets my unsolicited nod as Financial & Insurance Trade News Magazine of the Year.

Wednesday, August 17, 2011

Big News For Arizona Drivers - No More Leniency For Not Having Insurance

Newsflash for Arizona drivers! According to reports of a recent legislative session Arizona is cracking down on drivers hitting the roads without insurance.

The bill known as HB2224 passed recently and came into effect October 1 this year, meaning trouble for any driver who is looking to get from place to place without proper insurance for their vehicle. In the past most penalties or fines for driving without insurance that went to court were either reduced or thrown out entirely. The new bill however does not allow any dismissal of a fine should you be found to be driving without insurance. This means trouble for anyone who has gotten away in the past and was hoping to continue getting away in the future.

A first offense under the new bill can lend you a hefty $720 fine with a $970 fine for a second offense at a $1200 fine with a one-year license suspension for a third offense. Like many states to be allowed to drive again once you have had your license suspended due to driving without insurance you must also file and carry an SR22 documentation form proving your insurance coverage both presently and for three years in the future or your license may remain permanently suspended.

If you're one of the many drivers out there who has been driving without insurance up till now, now maybe is a good time to seek out affordable insurance providers to help you find the coverage that you need. Without full coverage of the basic minimum amounts you run the risk of potentially losing your license and facing large fines that will far outweigh the costs of any insurance payment you may have to make each month.

If you're confused about where to start looking try your hand at some online search engines such as Ezquoteguide.com that specialize in looking for insurance providers in in your area and finding local providers that can help you get the best coverage for the lowest rates possible. While local directory listings such as the yellow pages may be another option the internet now offers a much broader range of responses that could potentially save you substantial amounts of money each month in your premium costs you may not find through any other means.