This
digital document is an
article from
National Underwriter
Property & Casualty-Risk &
Benefits Management,
published by The National Underwriter Company on February 3, 1997. The length of the article is 1008 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Conning and Co forecasts the number of independent insurance agencies which specialize in personal lines will drop by as much as 40% before 2006 while agencies which do 85% or more of their business in commercial lines will increase by 50%. This overall drop of 19% in the number of independent agencies is part of a trend, with reduction from about 53,500 in 1987 to 44,000 in 1996. Commercial lines companies tend to be larger and highly capitalized, and they will be able to offer value-adder service, focus on new sales, use new technologies and strategically adapt.
Citation DetailsTitle: Agency ranks to fall 19% by 2006.(Conning and Co. study forecasts decline for independent insurance agents)
Author: Victoria Sonshine Pasher
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: February 3, 1997
Publisher: The National Underwriter Company
Issue: n5
Page: p1(2)
Distributed by Thomson Gale.
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