News
Big Is Relative – Or Is It?
Two seemingly unrelated stories regarding size and growth in the independent agency industry came to my desk this week. I found them very interesting. The first was the cover story in The Insurance Journal about the growth and success of INSURICA a large regional insurance agency headquartered here in Oklahoma City. The CEO of INSURICA is a friend and someone I spent years serving on the Independent Insurance Agents of Oklahoma Board of Directors with Mike Ross. Mike has led INSURICA to a total premium volume in excess of $450 million dollars...
read moreHow to Make Anyone Like You
If you want to make new friends or land new clients or a new job, you need to make a great first impression — fast. People form permanent opinions of those they meet within just a few minutes of setting eyes upon them. A study published in Journal of Experimental Psychology: General reported that the first impression someone has of a new acquaintance is likely to always dominate the way he/she views this acquaintance. Any later evidence that this first impression might have been erroneous tends to be dismissed as nothing more than an...
read moreOAA Site Now Mobile Friendly
Oklahoma Agents Alliance has gone mobile with our site. We've made the site mobile friendly, so you can check us out on your mobile device. Be sure to keep up to date with on Facebook and Twitter too.
read moreSeptember is National Preparedness Month
September is National Preparedness Month, providing an opportunity for agents to reflect on helping their clients be proactive. Disaster planning is also an agency’s greatest defense in the event of an emergency though. Has your firm taken the necessary precautions to survive and succeed during a natural disaster? “We have quite an extensive recovery plan that addresses all of the possible contingencies,” said Vaughn Graham, president of Rich and Cartmill, Inc. of Tulsa, Okla. “The truth of the matter is that the plan we have in...
read more5 Lessons from Steve Jobs on Agency Succession
By Laura Mazzuca Toops, PropertyCasualty360.com The recent news that Apple CEO Steve Jobs was stepping down from his current position roiled Wall Street, the media and the business community with speculation on whether the tech giant can sustain its competitive and innovative supremacy after the transition. You may not be Steve Jobs or your agency an Apple, but the topic raises some interesting points about what independent insurance agency principals should know to ensure a graceful exit and the subsequent survival of their...
read moreCustomer Satisfaction with Home Insurers Improves, Says J.D. Powers
Customer satisfaction with homeowners insurance companies this year is up from 2010, but still remains below levels achieved in 2009. Overall satisfaction with homeowners insurance companies averages 769 in 2011—improving by 19 points from 2010, according to the J.D. Power and Associates 2011 U.S. National Homeowners Insurance Study. The study examines five factors: policy offerings; price; billing and payment; interaction; and claims. While satisfaction has improved in all five factors from 2010, the greatest gain occurs in the...
read moreEntrepreneurs
Recently someone on a social networking site for pilots which I frequent asked some questions about starting his own business. I responded to his questions as someone who not only has been in business for myself almost all of my life, but also someone who actively works with other entrepreneurs to help them start and grow their businesses. After all that is one of the key things Oklahoma Agents Alliance does. I thought part of what I wrote to that budding business owner might be interesting and useful to those who may be...
read moreSister Company Retains Status As One Of Nation’s Best
Oklahoma Business Insurors Retains Status as One of Nation’s Best For the second year in a row, Oklahoma Business Insurors Agency has been included on a list of the best-run independent insurance agencies in the country, according to the Independent Insurance Agents & Brokers of America. Oklahoma Business Insurors has been selected to remain as part of an elite group participating in the Independent Insurance Agents & Brokers of America (IIABA or the Big...
read moreEarthquake Insurance Premiums by State
An East Coast earthquake? Suffering damage from a seismic shift isn’t a risk many homeowners outside of California worry about. Most standard homeowners, renters and business insurance policies do not cover damage from earthquakes — specifically, the potential losses from the shaking and cracking that can destroy a building and other property. Nationwide, earthquake premiums written total $2,468,141,000 according to 2009 figures. Here’s a look at the extent to which individuals and businesses have purchased additional...
read moreOklahoma Agents Alliance Enters Nation’s Top Tier
Insurance Journal announces 10-year-old firm is now one of nation’s largest Oklahoma City – Just 10 years after its founding, Oklahoma Agents Alliance is now one of the United States’ largest independent property/casualty insurance agencies, according to the August issue of Insurance Journal. OAA entered the list at No. 87 and is one of only three Oklahoma-based companies named in the...
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