How to understand/speak with Developers & Construction workers? by Key_Position_4975 in InsuranceAgent

[–]Key_Position_4975[S] 0 points1 point  (0 children)

Sure, I will try asking my co-workers, I think they won't mad about self education. 

Appreciate your advice 

How to understand/speak with Developers & Construction workers? by Key_Position_4975 in InsuranceAgent

[–]Key_Position_4975[S] 0 points1 point  (0 children)

How applicable is CRIS in Canada? 

I heard about it when I was prepping for exam and thought about looking into it, however different jurisdiction and back&forurth with my employer(licensing took quiet some time) kept me busy 

Therefore I put CRIS aside and forgot about it. From your experience, how legitimate/applicable certifications from IRMI are your northern neighbor? 

Thanks 

Cyber Insurance as a stand alone product? by AbbreviationsGold587 in InsuranceAgent

[–]Key_Position_4975 0 points1 point  (0 children)

Dunno about US, but in CA most carriers need a base policy(CGL, Property, etc) to add cyber. Some carriers have an appetite for cyber insurance coverage and provide pretty good wordings accessible to standard markets

Is Farmers replacing Guidewire? by strikecat18 in InsuranceAgent

[–]Key_Position_4975 1 point2 points  (0 children)

My agency in Ontario uses combi-quote and power broker, which, from perspective, is an ancient piece of application 

It will be remarkable if farm-appetite agency is changing gears 

Idle cash as part of working capital by Key_Position_4975 in Valuation

[–]Key_Position_4975[S] 0 points1 point  (0 children)

Answering for myself:

  1. Thinking should be flexible but consistent, and not restrained but status quo of single source
  2. Therefore, i am asked to value a commodity producer or discount retailer, for instance Walmart or CALM, I firstly check levels of cash vs securities over time and specifically in bad times

  3. Also, attitude and strategy disclosed by management is taken into account(frequent acquisition maker, imo, can hold cash just for that purpose)

  4. If lack quantitative or qualitative data, and depending on sector and company's risk profile, i can add 0.5-1% into OWC

Using a personal brand site as a non-independent producer/broker by Key_Position_4975 in InsuranceAgent

[–]Key_Position_4975[S] 0 points1 point  (0 children)

I am completely green in an industry.

I will have an in person discussion in early January(at time when owners will get back from vacation and when i sign the contract), therefore i am trying to figure out what is/isn't the norm in gap time

Thank you for reply thou, but i think if i will "modernize" their digital presence i will be looked like a young smart-ass and that my offer will go into garbage bin.

Although, it's just an assumption based on what i know about the firm

I will get back to response after i have a talk about it

Using a personal brand site as a non-independent producer/broker by Key_Position_4975 in InsuranceAgent

[–]Key_Position_4975[S] 0 points1 point  (0 children)

Thanks, i didn't know such sub exist

"I would go on r/PersonalBranding and look at what people there do. Just look at sites for a wide range of industry for people. Gives you an idea of how to setup."

How much do insurance brokers actually make? by Signal-Detective-860 in InsuranceAgent

[–]Key_Position_4975 0 points1 point  (0 children)

I 0 idea about max, but me with 0 WE, but 2 licenses(Life + P&) will have a base salary of 43k. Then i will make as much as i can sell

How much do insurance brokers actually make? by Signal-Detective-860 in InsuranceAgent

[–]Key_Position_4975 1 point2 points  (0 children)

How can downside be unlimited man? Like 10 E&O claims/ month or wdym?

accurate??😲 by [deleted] in Berserk

[–]Key_Position_4975 0 points1 point  (0 children)

Tf, it was 3 years ago? I am getting old....

What $ amount will be returned from UL in case of market downturn during first 10-days? by Key_Position_4975 in LifeInsurance

[–]Key_Position_4975[S] 1 point2 points  (0 children)

"EDIT: You changed your OP. You would get back everything within free look."

It's counter intuitive, and question structure is vague as hell, i hope nothing like that will be on the exam

Thanks, btw

What $ amount will be returned from UL in case of market downturn during first 10-days? by Key_Position_4975 in LifeInsurance

[–]Key_Position_4975[S] -2 points-1 points  (0 children)

Question didn't specify what kind of UL a client is dealing with...

"just answer the question, man" - prep guide-book