Depending on which experts and futurists you believe, were either hurtling toward a recession or witnessing a post-pandemic market correction. Some are even saying the recession is already here. The insurance industry is all about mitigating risk, and preparing for an economic downturn is no different. Smart, independent agencies and MGAs should plan their strategies now for navigating the potentially rough waters ahead. Whether the recession is protracted or a short dip, agents and brokers can make many pre-emptive operational changes over the next few months to keep them well-positioned and even strengthen their bottom lines.