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Agency professionals provide insights on the hard market, technology and talent in Vertafore’s 2024 report on the insurance workforce

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Survey respondents emphasize passion for helping clients is still high as professionals navigate trends impacting their business

DENVER, June 26, 2024 /PRNewswire/ — Vertafore®, the leader in modern insurance technology, today released its 2024 insurance workforce survey report: “The insurance agency workforce: Talent, tech, and the hard market.”

Based off responses from nearly 2,000 professionals at independent insurance agencies, the report provides insights into how producers, owners, account managers and customer service representatives are experiencing the hard market, technology’s role in their work and hiring and retention trends. Respondents also shared how they got into insurance, how they feel about their work and what the industry can do to attract new talent.

Takeaways from Vertafore’s 2024 survey include:

Insurance professionals remain passionate about helping people. With a surge in client-centric responses compared to 2023, three-quarters of respondents in 2024 said “helping clients protect what matters” is their top career motivator.

Hard market pressures are affecting day-to-day work in a variety of ways. Over half of the surveyed insurance professionals said it has become more difficult to place risk and they are having more difficult conversations with clients. They are also experiencing heavier workloads and increased stress.

Agencies need a plan to handle the retirement of seasoned employees. Survey data shows that account managers are the largest group planning to retire in the next five years, and there is a potential gap in the succession planning to replace them.

The inclination to refer a friend to an insurance career has dipped. Most respondents would still refer friends to a career in the industry, but this number has dropped by 20% since the question was first asked in 2021.

Some software solutions are easing the hard-market burdens, especially insurance knowledge databases. Over 60% of survey takers indicated that this solution is key to dealing with the difficulties a hard market brings.

“At Vertafore, we’re committed to powering the spirit of the insurance industry through real, human connections,” said Kristin Nease, Chief People Officer at Vertafore. “Our latest workforce report highlights how dedicated independent agencies are guiding their clients and that they value working in an industry that truly helps people.”

Download “The insurance agency workforce: Talent, tech, and the hard market” to see all findings.  

About Vertafore 

As North America’s InsurTech leader for 55 years, Vertafore is modernizing and simplifying the insurance life cycle so that our customers can focus on what matters most. Vertafore’s solutions provide end-to-end connectivity across the distribution channel, improve the client and agent experience, unlock the power of data, and streamline essential workflows to drive efficiency, productivity, and profitability for independent agencies, MGAs and carriers. For more information about Vertafore, visit www.vertafore.com.

©2024 Vertafore and the Vertafore logo are registered trademarks of Vertafore. All rights reserved. All other trademarks are the property of their respective owners.

MEDIA CONTACT:
INK Communications
vertafore@ink-co.com

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SOURCE Vertafore, Inc.

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Stagwell (STGW) Appoints Connie Chan as Chief Growth Officer for Asia Pacific

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A catalyst for growth and innovation, Chan brings decades of cross-market expertise to power Stagwell’s next phase of growth in APAC

SINGAPORE, May 18, 2025 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced the appointment of Connie Chan as Chief Growth Officer, Asia Pacific, effective July 2025. Based in Singapore, Chan will be responsible for leading Stagwell’s growth strategy and operations across APAC markets, with a focus on accelerating transformation, scaling integrated capabilities, and deepening relationships in local markets.

This appointment builds on Stagwell’s growth momentum across APAC on the heels of acquiring ADK GLOBAL earlier this year. Stagwell APAC now encompasses 2,500 employees across 34 APAC offices.

Chan will report to Ryan Linder, EVP, Global Chief Marketing Officer. “As the global marketing landscape continues to shift, Asia Pacific stands out as a region of extraordinary opportunity. Connie’s leadership will be instrumental as we build a network that not only responds to the complexity of today, but sets the pace for what’s next,” said Linder.

“Connie doesn’t just drive growth. She builds momentum that breaks the sound barrier,” said Randy Duax, Stagwell’s Managing Director, Asia Pacific. “We’ve spent the last three years building the kind of platform the holding companies said couldn’t be done—media, creative, strategy and PR moving as one, built for speed, wired for scale. Connie isn’t here to learn the playbook. She’s here to call the next play.”

Chan brings a track record of transformative leadership spanning decades in media, marketing, and strategic communications. Most recently, she served as CEO of OMD China, where she oversaw the agency’s operations in Shanghai, Beijing, and Guangzhou, with a focus on driving growth and creativity, and inspiring teams with a strong focus on culture. Prior to that, Chan held leadership roles at WPP, including Executive Director of the Government & Public Sector Practice in Singapore, and Chief Client Officer for APAC at MEC (now Wavemaker), focusing on strategic client partnerships.

Upon her appointment, Chan reflected, “I’ve always believed in the power of strategic clarity and bold ideas. At Stagwell, we have the talent, the ambition, and the platform to build work that matters – and impact that endures.”

Stagwell

Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our specialists in 45+ countries are unified under a single purpose: to drive effectiveness and improve business results for our clients. Join us at www.stagwellglobal.com.

Media Contact:

PR@Stagwellglobal.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/stagwell-stgw-appoints-connie-chan-as-chief-growth-officer-for-asia-pacific-302458129.html

SOURCE Stagwell Inc.

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Das Marketing Shares Concerns Over Corporate Service Experience in Singapore

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Das Marketing International reports serious issues with a Singapore service provider, urging businesses to exercise due diligence and know their legal rights.

SINGAPORE, May 18, 2025 /PRNewswire-PRWeb/ — Das Marketing International Group Pte. Ltd. would like to share important information about its experience with an external corporate secretarial provider in Singapore – Investbanq Corporate Services Pte. Ltd.

During our cooperation, we encountered a number of serious operational and management issues that significantly impacted our business, including:

Refusal to carry out key corporate transactions, which caused significant delays in our business, instead requested for unreasonable compliance inquiry including source of fund of the transactions.

Requesting excessive and confidential information and documentation, without clear justification, including reason for transactions, original agreements, source of capital and tax information.

Refusal to arrange a meeting with a compliance specialist despite verbal requests and demands for direct interaction on regulatory matters.

Demanding unreasonably high budget of USD 20k for legal counsel despite low risk situations.

Refusal to perform actions despite clear instructions given as a client.

Overall a horrible client experience.

Fortunately, the current Singapore legislation allowed us to promptly change the nominee director and corporate secretary, restoring control over the management of the company without the involvement of the previous provider.

We strongly recommend that companies operating in Singapore carefully select corporate service providers, enter into written contracts in a timely manner and be well aware of their rights under the Companies Act and other regulations.

Das Marketing International Group Pte. Ltd. remains committed to the principles of transparency, professionalism and strict compliance with Singapore laws.

Media Contact

Director, Das Marketing International Pte. Ltd., 1 3152803039, shgdasm@proton.me

View original content:https://www.prweb.com/releases/das-marketing-shares-concerns-over-corporate-service-experience-in-singapore-302456320.html

SOURCE Das Marketing International Pte. Ltd.

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Club Offers Released on May 18, 2025

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NEW YORK, May 18, 2025 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces the release of Club Offers for Club Members.

Rigorously vetted and negotiated for us travel enthusiasts in the U.S.:

$499—A CASTLE IN TUSCANY: 6 NIGHTS WITH FLIGHTS
Explore Tuscany for 6 nights with a 12th-century castle as your home base. Flights from the U.S. and a rental car are included.$399—ALL-INCLUSIVE BEACH VACATION WITH FLIGHTS
Escape to Cancun and spend 5 nights at an all-inclusive resort with direct beach access (flights included). Club Members save 56% when compared to what everyone else pays.$99—HOTEL STAYS NATIONWIDE WITH NO RESORT FEES
We’ve negotiated savings of up to 75% off regular rates at 10 well-reviewed hotels in major cities across the country, including Boston, Chicago, Miami, San Francisco. Even better, all resort fees are waived.$1999—ALL-INCLUSIVE MALDIVES OVERWATER VILLA FOR 2
Enjoy ocean views while relaxing in your 5-star overwater villa for 5 nights. All meals and drinks are included.$299—NORTHERN LIGHTS TRIP WITH FLIGHTS
Watch the skies come alive in Iceland on this 3-night adventure. Includes flights, hotel, breakfast and northern lights tour. You save $650.HALF PRICE—TREATMENTS AT 500+ SPAS
Spend $75 and get a $150 gift card valid for treatments at hundreds of spas nationwide. You won’t find this offer anywhere else.

Some offers have limited inventory and are subject to availability.

Are you a travel enthusiast? Join the club today: https://travelzoo.com.

About Travelzoo

We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travelers. Club Members receive Club Offers personally reviewed by our deal experts around the globe. We have our finger on the pulse of outstanding travel, entertainment, and lifestyle experiences. We work in partnership with thousands of top travel suppliers—our long-standing relationships give us access to irresistible deals.

Travelzoo is a registered trademark of Travelzoo. All other names are trademarks and/or registered trademarks of their respective owners.

Media contact:
Paige CramLos Angeles
+1 609 668 0645
pcram@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-released-on-may-18-2025-302458392.html

SOURCE Travelzoo

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