Strong Tower's Burkett: Insurance Can Help Protect Religious Beliefs

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Earl Burkett, president, Strong Tower Insurance, hopes to create insurance coverage for those who must defend themselves in court because their religious beliefs contradict laws or regulations.

 

Alliance Program's Fahy: Agents Need to Offset Auto Business

Bill Fahy, president, Alliance Program Services, said smaller independent insurance agents should expand their product offerings in order to offset tightening commissions for auto business.

 

NewCastle's Foster: Weak Organic Growth Drives Broker M&A

Calvin Foster, managing director, NewCastle Risk Management Consulting, said larger brokerages must continue to pursue acquisitions or experience a growth slowdown, which would risk disappointing shareholders.

 

Beyond's Addis: Emphasize Consultative and Diagnostic, Not Price

Scott Addis, CEO, Beyond Insurance, said agents and brokers must move beyond bidding for business and focus on consulting with insureds and diagnosing their risk needs.

 

Hilb CEO: London Market Opening Up to Smaller Placements

Robert Hilb, CEO, Hilb Group, said the London market formerly was dominated by large brokers and companies but is growing more hospitable to smaller specialized placements.

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