Peter J. Woo has been appointed board chairperson and president of the Asian American Insurance Network (AAIN), a non-profit organization dedicated to the professional development and growth of Asian-Pacific Islander professionals in the insurance and business industries.
From the Field: Expert Insights
Help clients avoid short-sighted mistakes in today’s economic environment
This is a great time for financial professionals to shine, offering advice that helps clients build confidence with the right protection solutions.
Advisors face 4 digital challenges
Advisors are slow to embrace digital transformation, despite investing more than other segments. So, unless they quickly embrace change, hard-won progress could stall.
Cyber insurance: Is your business prepared for the second wave?
The cyber insurance market has matured rapidly over the past two years in the face of ever-evolving risk.
An advisor needs a social selling mindset
Social selling is a great way for an advisor to build trust online.
HSAs: 19 and still going strong
As we look toward the health savings account’s 20th birthday, it’s important to look at how these accounts came to be, where they stand now and what they could look like in the future.
Are cyberattacks and ESG changing captive insurance?
Interest in self-insuring or having a captive insurance model historically has been cyclical. But that may be changing in today’s tough insurance market.
Solving today’s enigma of the state long-term care tax mandates of tomorrow
Washington state imposed a tax to fund a long-term care program. What does this mean for your clients and could your state be next?
Commentary: Why Monte Carlo simulations can sell retirement investors short
Never lose a client to an advisor who uses Monte Carlo simulations.
Property/casualty insurers had one of their worst years in 2022 as runaway inflation, shortages and higher prices drove up claim costs. As we look at the year ahead, insurers must not overlook the impact of the turbulent economic environment on consumer behaviors.
Many advisors see the potential in social media to build their personal brands, and social selling is a powerful strategy for creating trust.
To make the most out of working with carriers and other insurance industry stakeholders, consider this approach to product building and customer engagement.
For many, the traditional 60/40 stock/bond portfolio mix has been the go-to investment strategy and has held up well for decades. However, financial professionals should consider fixed rate products as an alternative when talking with clients about what to do with the 40% dedicated to fixed income.
One in five property/casualty insurance customers is unsatisfied with their insurance carrier. Two of the biggest pain points: slow underwriting…
What led up to this crisis and why advisors should be appalled that it happened.
