This post is part of an AgentSync-sponsored series.
The Guide to Improving Your Ease of Doing Business addresses the old insurance industry issues of decades of operations and compliance teams that have had to rely on old systems to maintain data warehouses.
The guide explores how the insurance industry’s dependence on outdated technology and manual processes hinders carriers, agencies and MGAs - and what the future holds for those who recognize that this is the right time to move on.
Challenges facing the ease of work of old systems
If your team is playing copy / paste, email and callback, then they are probably already very familiar with the main challenges for your ease of work. And, chances are your manufacturers or other downstream partners will be prepared for an update of their workflow with you.
Teams and internal stakeholders, as well as external partners, can all benefit from assurance tools such as compliance management systems, contract management solutions and other operator or agency management software. Relying on hand tools to address these multi-team collaboration processes makes it difficult for your business to be a good partner.
This guide shows how technology solutions can streamline your internal and external processes for efficiency, making your recruitment efforts more sticky everywhere, and anointing the tracks with your partners.
By identifying the main impediments to your ease of doing business, this guide also points out the easiest gains you can make through a digital transformation in your insurance business.
Download this guide to learn how insurance management software can affect areas such as:
Time is everything; the time for a digital transformation of insurance is now
The COVID-19 events have certainly given rise to a revolution in insurance technology, with a greater focus on automated workflows, better data management and, in general, a shift from inherited difficult systems. But even before, a digital transformation was suddenly delayed.
For insurance companies, digitizing compliance and legal processes is a (relatively) easy lift, with huge benefits for your ease of use and end result. If this is a line item that continues to be pushed back into your budget year after year, it’s time. It’s time to end the loop of manual processes, it’s time to end the chain of manufacturers coming out of your recruiting pipeline at the last minute, it’s time to transform your process. It’s time to make life easier for your employees, partners and you, and it’s time to download this guide.
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