American Association of Insurance Management Consultants

Library of Articles

Maintaining client relationships is critical for insurance brokers and agencies, especially given the fact that developing new commercial clients involves a significant time investment to understand the client’s business and risks and to implement solutions for risk transfer. Once insurance coverage is in place and policies are issued, the focus of the agency switches to servicing the account. The agency is happy. The client is happy. But what happens when your client experiences a significant property loss?

Scott E. Bushnell

Principal Owner – Executive Forensic Accountant

Business Interruption Consulting

Preparing business interruption claims takes thoughtful planning and insightful analysis, clearly communicated to all of the parties involved in the claims process. One of the most important factors is the breadth and depth of analyzing relevant financial information related to interrupted business operations. Although this may seem like an intuitive step, there is often a gap between the internally prepared financial information and the analysis to determine lost profits. Application of due diligence results in a smooth claim process, quicker payment from the insurer and a fair and equitable recovery.

Scott E. Bushnell

Principal Owner – Executive Forensic Accountant

Business Interruption Consulting

A hair-weaving certificate requires 300 hours of training. An individual selling reinsurance needs zero education and faces zero testing.

Bruce Heffner

Corporate Counsel / Attorney at Law

Boomerang Recoveries, LLC, Inmedex, LLC & Law Office of Bruce P. Heffner,

Ever wonder why you couldn’t go the wrong way on a one-way street if your eventual goal lies at the other end? It may be the shortest route from point A to point B, but the dangers of this direct route usually outweigh the risks.

Al Diamond

CEO

Agency Consulting Group, Inc.

Producer Compensation is one of the most requested topics in both our speaking engagements and agency consultations.

Al Diamond

CEO

Agency Consulting Group, Inc.

When ‘push comes to shove’ the answer to that question is hidden in the cash flow analysis of the agency in question.

Al Diamond

CEO

Agency Consulting Group, Inc.

Lead In — You can’t BEAT the IRS but you can use strategies and tactics to avoid paying more taxes than you must in an agency transaction… Link here to see two of many ways to move agency ownership/management without severe tax ramifications.

Al Diamond

CEO

Agency Consulting Group, Inc.

Are your producers Making You Money, or are they Costing You Money?

Al Diamond

CEO

Agency Consulting Group, Inc.