In this episode of Power Producers Podcast, David Carothers dives

deep with Noelle

McCall from Contract Risk

Academy to explore the crucial topic of contract review and how insurance

agents can add value by properly reviewing contracts for their clients. Noelle,

with her impressive background in commercial insurance and contract management,

breaks down how producers can avoid common pitfalls in contract review and

offer true consulting to their clients.

Noelle

shares her journey from starting in personal lines to becoming an expert in

contract review, eventually leading the creation of Contract Risk Academy. She

explains how agents can navigate contract language, identify gaps in insurance

coverage, and become the trusted advisor clients need. This episode highlights

the importance of understanding additional insured endorsements, contractual

liability, and the critical nature of reviewing contracts before clients sign

them.

Key Points:

The Role of Contract Review in Risk Management

Noelle discusses how contract review can be a game changer for insurance

agents, helping them go beyond policy placement and providing true consulting

services. This can lead to better client retention and differentiation in a

crowded market.

Common Contract Pitfalls

Noelle

identifies some of the most common mistakes agents make in contract review,

especially when dealing with additional insured endorsements. She provides

invaluable insights on how to properly manage these endorsements to avoid

uninsured losses and potential E&O risks.

The Importance of Being a Trusted Advisor

Instead of simply selling policies, Noelle emphasizes the need for insurance

agents to position themselves as trusted advisors. By understanding contract

language and insurance requirements, agents can help clients avoid coverage

gaps and better manage their risks.

Contract Risk Academy

Noelle explains how Contract Risk Academy is helping agents and brokers learn

how to properly review contracts, offering tools, templates, and live coaching

to ensure they're providing the best value to their clients.

AI and Contract Review

Noelle

talks about the potential for AI in the contract review process, including

tools like Evident ID that help automate the review of insurance certificates

and endorsements. She shares how these technologies can help save time and

reduce the chances of overlooking critical coverage gaps.

This episode is packed with essential insights for insurance

producers who want to elevate their practice and provide real value to their

clients. Whether you're new to contract review or looking to refine your

approach, Noelle’s expertise is a must-listen.

Noelle is offering a $1,000 discount on Contract Risk Academy for a limited

time—check the link for more details:

https://www.contractriskacademy.com/power/

Connect with:

Visit Websites: