IOA Exhibits at 2017 Florida Self Storage Association Conference & Expo

KISSIMMEE, Fla., February 22, 2017 – Insurance Office of America Vice President Brian Bogdanoff and Commercial Lines Insurance Agent Debra Marcus are exhibiting at the 2017 Florida Self Storage Association (FSSA) Conference and Expo from Feb. 22 through Feb. 24 at the Embassy Suites. IOA is a member of FSSA as well as the National Self Storage Association and will be showcasing self-storage insurance solutions at the event.

“We represent many A-rated competitive self-storage insurers and are excited to offer our services to self-storage owners and management companies at the FSSA event,” says Bogdanoff.

For more information about FSSA and the 2017 conference, visit: http://ift.tt/2loLJyL

For more information about self-storage insurance, contact Brian Bogdanoff at (800) 243.6899 ext. 43130 or e-mail him at Brian.Bogdanoff@ioausa.com

 

Insurance Office of America (IOA) is a full-service insurance agency founded in 1988 and is one of the fastest-growing independent agencies in the United States. IOA is ranked 13th on Insurance Journal’s 2016 Top 100 Independent Property/Casualty Agencies report, and it is ranked 25th on Business Insurance’s 100 Largest Brokers of U.S. Business List. Headquartered in Longwood, Florida, part of the greater Orlando community, IOA has over 50 branch offices in the U.S., and an international office in London. With more than 1,000 associates, IOA specializes in providing insurance solutions for businesses in many diverse industries.

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Insurance Office of America Adds Equine Insurance Expert John Patrick Unick to Its Team

ALISO VIEJO, Calif., February 14, 2017 – Insurance veteran John Patrick Unick has joined Insurance Office of America (IOA) as a senior vice president and managing director of equine and self-insured risks. Before joining IOA, he served as an executive vice president and managing director at Bolton & Company and president of the thoroughbred racing division at MOC Insurance Services.

Unick brings a wealth of experience to IOA and has been recognized as the foremost expert in the equine and horse racing insurance space for nearly two decades. Over the course of his career, he has provided insurance services to nearly every racetrack in the United States and to some of the world’s most important races, including the Triple Crown and the Breeders’ Cup World Championships. Unick participates on numerous horse racing industry panels and has been quoted in prominent media outlets, including USA Today, Los Angeles Times, Insurance Journal, and Blood-Horse.

“IOA is by far the most innovative insurance agency in the United States,” Unick said. “Throughout my insurance career, I have taken an entrepreneurial approach, and IOA fosters that mentality. IOA’s model, which has a broad reach into many major league sporting arenas, will allow my team to reward our long-standing clients with more resources while providing us with a national platform to introduce new insurance programs.”

In addition to the horse racing industry, Unick serves as a broker for more standard industries, such as assisted living, real estate, restaurant, casino, legal malpractice for law firms, and venture capital firms.

“We are extremely pleased to have someone in John’s particular niche join our company,” said IOA Western Regional President John Tenuto. “His affiliation with the equine industry adds tremendous value to our expanding sports partnerships.”

 

Insurance Office of America (IOA) is a full-service insurance agency founded in 1988 and is one of the fastest-growing independent agencies in the United States. IOA is ranked 13th on Insurance Journal’s 2016 Top 100 Independent Property/Casualty Agencies report, and it is ranked 25th on Business Insurance’s 100 Largest Brokers of U.S. Business List. Headquartered in Longwood, Florida, part of the greater Orlando community, IOA has over 50 branch offices in the U.S., and an international office in London. With more than 1,000 associates, IOA specializes in providing insurance solutions for businesses in many diverse industries.

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John & Valli Ritenour Receive 2016 Eloise Trainor Award from Symetra Tour

Why Telematics Is a Major Disruptor in Insurance?

The vehicle telematics system and User-Based Insurance (UBI) are key trends in the auto insurance industry and expect a disruptive change in the near future.
Digital technology is transforming the insurance marketplace enormously and the insurers are investing significant attention to meet the customer expectations by adopting vehicle telematics system. The customer vehicle integrated with the telematics system helps to calculate insurance premiums which is dependent on the distance covered by the vehicle, the speed the driver maintains while driving, and also the overall driving habits of customers as this information can be read and stored by the telematics app and made accessible to not only the insurers but also all stakeholders.
Vehicle telematics is recalibrating the auto insurance industry expectations and opening new ways to reach out to the clients. The rise of vehicle telematics not only changing the policyholders' demands, but also disrupting the way it should be supplied. Many insurers are offering more personalized insurance policies to each and every individual.
Telematics as a major disruptor
The digitization process that telematics has brought in recently has made the total insurance industry to stand up and take notice and eventually catch-up with this change. Recent research studies have revealed that vehicle telematics is playing a prominent role to disrupt the auto insurance industry for positive business outcomes. In this way, Big Data is playing a vital role in helping insurers to solve various challenges such as data mining, handling, warehouse data, building data path for user applications and among many others by adopting extensive and varied data structure, which are made easily accessible to vehicle telematics system with the influence of cloud computing. The access control of the vehicle, real-time updates of traffic congestion and weather forecasts and many other vehicle telematics options are remotely accessed with the help of cloud computing, for both customers and insurers. The big data and cloud computing technologies are the mainstream of vehicle telematics system and hence are attracting new customers towards insurance policies by providing convenience and comfort in service.
Over the years, the auto insurance companies have successfully reduced the gap between insurers and customers. The vehicle telematics-enabled usage-based insurance is gaining momentum to meet the customer satisfaction with a flexible pricing model over the traditional pricing model and as a result policyholders can pay the insurance rates based on their driving behavior. It is an ultimate transformation that is giving customers complete control over their insurance premiums. To help policyholders for their driving risks, User-Based Insurance (UBI) model encourages individuals to drive safe and lower the risk of accidents happening through live feedback even as they can save money by improving their driving skills.
In the US, Insurance companies are implementing different approaches in User-Based Insurance model and the simplest, auto insurance policies are trending in the auto insurance market, such as Pay As You Drive (PAYD) is one among them. Rather than paying a fixed annual premium charge, PAYD ensures premiums are calculated based on the number of miles/kilometers driven by the policyholder with the help of vehicle telematics system.
United States is considering the UBI model as their grid. The spate of recent successes has confirmed immense response of policyholders towards this new approach. Even in many European countries, insurers moved to the next level of Pay-How-You-Drive (PHYD) right after the huge success of Pay-As-You-Drive (PAYD) model.
The Pay How You Drive (PHYD) monitors the driver behavior and driving style, the premium charges are reduced accordingly with improvements in driver behavior.The UBI has a great potential gateway to digitally enhance customers, as a result, PHYD has created a remarkable platform for auto insurance policies, but a number of insurers have started looking beyond the Pay How You Drive (PHYD)model for better user experience, as a development Manage How You Drive (MHYD) considered as the next move of UBI. Manage How You Drive (MHYD) offers a discount to safe drivers and also intimates the policyholders about driving performance through monthly feedback depending on their driving score.
Vehicle telematics benefits:
• Experienced drivers often pay unreasonably high premium charges which can be reduced easily.
• Encourages policyholders to drive safely and reduce the risk of accidents.
• If the policyholder drives very often then he/she will get fewer premium charges.
• Continuous monitoring of the driver helps to improve the driving behavior.
• It's very easy to track vehicle health and fuel consumption of the vehicle.
The vehicle telematics system and User-Based Insurance system is imparting a major disruptive change in the auto insurance industry with innovative insurance policy models for customer convenience. However, insurers are implementing different strategies to improve the marketing and sales process of UBI model to maintain the balance in insurance policies, perhaps the priority is also given to the risk management and price calculation from the customers' stand point. The disruptive vehicle telematics system can trigger the process of auto insurance policies and can be sustained without any major change in the insurance company structure, business model, and strategy. The vehicle telematics system is known for its conservative posture and disruption is never really easy for such systems, especially in the auto insurance industry. But the year 2016 can be a year of continuing transformation of vehicle telematics system, in which the insurance companies who remain as innovators will be those who are willing to engage in significant rethinking.

Prime's telematics system, Xemplar, enables fast and efficient two-way communication between insurers and customers. Xemplar's mobile app-based system saves you money on hardware and infrastructure costs while also accommodating any mobile device or tablet, reaching drivers anytime and anywhere, and providing your business with critical information in real-time. Contact us now, and in less than 24 hours you will have the best technology solution for auto insurers. for more information visit us http://www.xemplartelematics.com/

Article Source: http://EzineArticles.com/expert/Sud_Gover/2254163

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Why an Independent Insurance Agency?

Whether you are in the market for homeowners, renters, auto, commercial, property, workers comp, life, umbrella, or any other insurance, you want the most tailored plan at the cheapest quote. As a layman though, it all seems so puzzling. Besides the complicated insurance jargon, it certainly is difficult for you to assess your needs accurately - let alone find the precise insurance source to get you the right policy at the right price.
What you need is a specialist - someone who really comprehends all the ins and outs of the insurance world - someone who will gladly take the time to review your individual situation along with any existing coverage that you may have. Moreover, you need a trusted source that will be able to configure every aspect of customized protection to your benefit.
To whom do you turn to for matters as important as protecting assets, property, business and the like? Ask anyone in the know about the industry and they will steer you to an independent agency that has rights to do direct dealings with many of the leading insurance companies. As opposed to a dependent agency or a single company representing itself, the independent agency has no ulterior motive in directing you to one insurance company over the other. Partnered with an extensive network of underwriters, this type of agency searches its set of connections to come up with what works best for you. Equipped with a list of all sorts of policies there is no reason to settle on anything but the optimum.
The Independent Agent - piecing the puzzle pieces together for the customer
An experienced independent agency has your best interest in mind as it
- Emphasizes the client's needs above all else
- Clarifies any questions about the differing policies
- Goes to great length to locate tailored coverage with a pleasing quote
Finding the agency that looks out for the customer the way you want it also requires some research, however. This is because not all independent agencies are alike in excellence. Though any insurer may claim to harbor a close connection with any given strong insurance company, there are variances to the type of bond they enjoy. In order to gain from dealing with a truly winning broker, the customer must link itself with an establishment that has superior access to the indemnity that matches requirements. In addition, it's imperative to find an agency that is all-rounded - from before the sale, during the sale and after the sale - willing to act as your staunch advocate even when there is a claim.
Before sitting down with an insurer, make sure you are sitting down with someone with the capability, and strong ethics that will indeed make you into a satisfied policyholder!

Prime Insurance of Lakewood / Deal, NJ and Brooklyn / Upstate NY is a 3-generation agency that has been authorized to deal directly with more than 40 of the leading companies. Devoted to servicing customers to the fullest, Prime provides all forms of nationwide coverage, including NJ cheap auto, low quote commercial umbrella, flood, renters, homeowners, bonds, workers comp, life insurance and so on. We welcome you to see what we're all about. Visit us at https://www.primeins.com/; email us at PRIME@primeins.com or call us at 732-886-5751 and HAVE A PRIME DAY™!

Article Source: http://EzineArticles.com/expert/M_Wyzanski/2158115

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The Best Way To Protect Yourself

It is true that nothing is permanent and life is full of risks. Hence, nothing is better than having an insurance plan. If you are looking to have an insurance plan, then you will not find it hard to get a one as selling an insurance plans as become a profitable business. And thus, many companies and agencies are getting started to involve in this business. But before taking any plan, it is vital to know and understand the policy clearly. But what are the actual types of insurance? If this is your question, then look at the below-mentioned types of insurance.
Pet Insurance: In the case of a pet insurance, the insurer will pay veterinary expenses if the pet is wounded or suffering from illness. Pet insurance is also validated if the pet gets die, lost or stolen.
Health Insurance: A health insurance is a policy that says the insurer (who sold insurance) will pay a lump sum amount to the insured (who purchased insurance) person if the insured person gets injured by accident or falls sick by a disease.
Travel Insurance: As the name suggests, travel insurance is related to the loss that occurs while traveling. It covers theft of baggage, delayed luggage, personal possessions, emergency emigration, accidental death, etc.
Life insurance: Is a policy which states that the insurer will pay an amount to the nominee or the family of the insured person if the insured person dies. For this, the insured person needs to pay the premiums on a regular basis.
Dental Insurance: It is similar to the health insurance, but the difference is that the insurer will be liable to pay if the insured person finds something unusual in his dental care. Thus, dental insurance benefits in case of sudden dental costs.
Auto Insurance: The insurance which is related to the automobiles is called auto insurance. In this policy, if the vehicle gets damaged due to the accident or other traffic issues then the insurer will have to pay a certain amount to the owner. In the case of a huge damage, some auto companies replace the vehicles totally.
You have to inquire about the eligibility criteria and choose the discounts that apply to you. Also, a few good discount for going through a driver's training course and other driver learning programs. If you want to reap the benefit of this offer, you just need to go through a certified course and then show the insurer your certificate. This can save you about 10% on premiums, which adds up. Remember that different types of auto models have different auto insurance coverage and rate.
You can ask the companies about their rates as well
Often, sports and expensive automobiles bring in the highest rates. If your automobile has an excellent and satisfactory maintenance rating, there is a better chance for you getting lower insurance rates. You also need to know some basics about auto insurance premiums before applying for it. Apart from those points above, such as maintenance rating and the driver learning program, there are some other criteria too included in the pricing policy structure. For instance, gender is a big component, the monthly mileage driven and even the color of the automobile.

Good2go specializes in offering their customers the basics to keep them on the road, but this doesn't mean basic service. Their claims and customer service lines are open seven days a week, or you can use their 24-hour automated system or online portal to make a payment. Good to go insurance offers coverage to high-risk drivers and those who are newly licensed or do not currently have coverage.
Mike Heuer is an experienced writer and specializing in vehicle coverage.

Article Source: http://EzineArticles.com/expert/Mike_Heuer/1602145

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Insurance Jargon Explained and Decoded

Accidents happen. It is just a fact of life. Safety is the best prevention, but sometimes the inevitable cannot be avoided. Having insurance is a worthwhile investment for protecting you and your loved ones. However, getting insurance of any kind can involve a lot of jargon that is not always easy to grasp. Before taking the leap into monthly payments, educate yourself so that you get a plan that works best for you. An insurance agent can help fill in the gaps, but below is a group of terms to become familiar with. Even if you already have a plan, this guide can help you better understand the terminology.
General Terms
A premium is the amount of money that must be paid to the insurer who provides coverage. This fee is usually due on a monthly basis. To achieve a lower premium, shop around for the best possible quote and try to maintain a good credit record. The deductible is the portion of money that you, the policyholder, must pay in the case of an accident. The insurer is then responsible for covering the remainder of costs. Generally, higher deductibles result in lower premiums. If you decide to go this route, make sure that you have enough money set aside to cover your higher deductible. A claim is a request made by the policyholder if an accident occurs. This request is for costs to be covered by the insurer. The adjuster is the person who analyzes a claim and provides recommendations for a settlement based on the damage and policy. Preferred Risk is the term for when an applicant shows lower risk for accident or injury than the average person. These applicants tend to be eligible for rate discounts.
Auto
Accident forgiveness is an option provided by some companies to protect drivers. This option prevents the driver's premium from increasing after their first at-fault accident. It is especially helpful when the company extends this forgiveness to others on the policy, such as teen drivers. Other potential discounts to look into include low annual mileage on your vehicle, having no accidents in three years, and having multiple cars on the same plan.
Health
There are several different ways of getting health coverage. Group Health is when an employer provides health insurance plan options for its employees and their dependents. The policies are normally at a reasonable or discounted rate. Many people take advantage of this opportunity because it is convenient and secure. Health Maintenance Organization (HMO) is when the insured person pays a fixed membership fee ahead of time. In return, they receive comprehensive health care from a list of approved providers in a certain area. HMOs are usually more affordable, but they do not provide as much coverage. Preferred Provider Organization (PPO) is a health plan that lists preferred health care providers. When patients visit the preferred providers, they may receive incentives such as a lower copay. Copay is a flat rate that the patient must pay each time they receive services from their healthcare provider. Another way to lower copayment is through a cost sharing reduction subsidy that lowers out-of-pockets expenses.
Hopefully, this guide has helped to clarify some of the terms that can be found in the fine print of policies. Although insurance can be expensive, there are options available to help lower premium rates. For example, if you are a college student who gets good grades, you may be eligible for a good student discount on your auto policy.

To learn more about their options for insurance, Canton, OH residents should visit http://www.cantonins.com/.

Article Source: http://EzineArticles.com/expert/Andrew_Stratton/83489

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