Insurance Customer Retention Statistics & Trends
Customer retention remains one of the most critical performance indicators in the insurance industry. As competition intensifies, acquisition costs rise, and customer expectations evolve, understanding insurance customer retention statistics is essential for agencies, carriers, and brokers seeking to improve profitability and reduce churn. The insurance landscape is heavily influenced by pricing strategies, customer experience, engagement […]
Commercial Property Insurance Statistics & Trends
The commercial real estate (CRE) market remains a cornerstone of economic activity, driving investment, job creation, and urban development. In 2025, understanding commercial property insurance statistics is critical for investors, property managers, and stakeholders seeking to protect assets and manage risk effectively. The U.S. commercial property landscape is shaped by evolving work patterns, the growth […]
Auto Insurance Industry Statistics
The auto insurance industry plays a crucial role in protecting drivers, vehicles, and personal finances from unexpected losses. Understanding auto insurance industry statistics is essential for policymakers, insurers, and consumers alike, as it provides insight into premiums, claims, market growth, and regional variations. In this article, we explore key auto insurance industry statistics, trends, and […]
Understanding ACORD 125 – Commercial Insurance Application
When businesses seek commercial insurance, they must provide detailed information about their operations, risks, and needs. The ACORD 125 – Commercial Insurance Application is a vital tool in this process. This standardized form helps insurers assess a business’s coverage needs, ensuring the right policies are offered based on the company’s specific circumstances. In this article […]
Understanding ACORD 45 – Additional Interest Schedule in Insurance
Managing risk in insurance often requires adding specific parties to a policy for coverage or notification purposes. Businesses, lenders, landlords, and other stakeholders frequently need proof that they have an interest in an insurance policy, ensuring they are informed of any changes or cancellations. This is where ACORD 45 – Additional Interest Schedule plays a […]
