Most insurance carriers offer to bundle two policies, but others offer true package policies. Although bundled and package policies seem similar on the surface, they are different.
For all the effort poured into growing a book of business and servicing accounts, surprisingly little time goes toward ensuring commission from those policies hits the general ledger.
People will choose the easy, straightforward process over the complicated and frustrating one every day of the week, so you need to provide a seamless customer journey. That’s why it’s time to invest in embedded insurance.
Rodriguez’ agency offers franchising opportunities to aspiring business owners with the entrepreneurial spirit. He also serves on the board of the Delaware Association of Insurance Agents & Brokers.
By: Volume: 120, Issue: 7
CompScience reduces workers comp insurance costs for businesses by limiting the probability of injuries.
Agents can work with contractor and subcontractor clients to help them better understand the steps needed to lower risk on the job site.
These two factors could lead to higher experience modifications and increase premiums going forward.
By making philanthropy a bona fide part of their strategy, agencies can take their community and business impact to the next level.
Diversity is like a multifaceted diamond, each unique element enhancing its depth, complexity and beauty. However, we need to be aware of each side’s differences, as well as the fact that these diamonds don’t come out of the ground sparkling.
