Author: Live Insurance News

4 Reasons Why Every Small Business Needs Insurance

Live Insurance News
small business owner insurance

Small firms confront numerous hazards and would be better off being covered than uninsured. Here are five compelling arguments for why insurance is essential for small businesses. There are around 30,7 million small enterprises in the U.S. If you are the owner of one of these small enterprises, you know that running a firm requires significant effort. Would your business be secure if something unexpected happened? Due to the fact that not all small enterprises have enough insurance, they are in danger. For instance, if you own a trucking business,…

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Overcoming Objections in Insurance Sales: The Art of Persuasion

Live Insurance News
sales objectives and tips

In any sales process, objections are bound to come up. It’s important to be prepared to handle them in a way that doesn’t lose the deal. Let’s take a look at some of the most common insurance sales objections you might encounter and how to overcome them. 1. I don’t have the money. The most common objection is price. Potential clients may say that your product or service is too expensive or that they can get a similar product for less elsewhere. When this happens, it’s important to emphasize quality…

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How to close an insurance deal: The Emotionally Intelligent Way

Live Insurance News
close insurance sale how to and easy tips

Congratulations! You’ve made it to the final stage of the insurance sales process: closing the deal. This is where you’ll need to put all of your skills to the test in order to seal the deal and make your commission. But simply presenting the facts and figures isn’t enough. In order to close an insurance deal, you must also be able to connect with your prospect on an emotional level. You need to show them that you understand their needs and that you can provide a solution that will improve…

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Louisiana consumers who filed home insurance claims have differing satisfaction levels

Live Insurance News
Home insurance claims - Claim Form

While some residents who filed with insurers in the last two years are satisfied, many are not. New research shows that Louisiana residents who filed home insurance claims within the last two years are split regarding their satisfaction with their experience. The research showed that there is a nearly even split between those who were satisfied and those who weren’t. The research was conducted by the Public Policy Research Lab at the LSU Manship School of Mass Communication’s Reilly Center for Media & Public Affairs. What they found was that…

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Berkshire Hathaway acquires Alleghany insurance company breaking investment fast

Live Insurance News
Insurance Company Acquisitions - Berkshire acquires Alleghany

The purchase agreement was struck shortly after Warren Buffett discussed the lack of investing opportunities. Berkshire Hathaway Inc. has arrived at a purchase agreement for the Alleghany Corp insurance company, only a handful of weeks after Warren Buffett had said that there weren’t any good investment opportunities. The purchase includes Alleghany insurer as well as the Transatlantic Holdings reinsurer. This acquisition of the reinsurance and insurance company will broaden Berkshire Hathaway’s portfolio in this category, which already includes the Geico auto insurer and the General Re reinsurer, in addition to…

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