5 Key Findings from the Agency Universe Study 2022 – ACT Technology Summary
The Technology Summary reveals a number of key insights into the use and adoption of technology by independent agency members.
The Technology Summary reveals a number of key insights into the use and adoption of technology by independent agency members.
As we look back on 2022, here are three studies from the Big “I” on the state of the independent agency channel and the lessons that can be drawn from them as we move into 2023.
Altruism, not return on investment, is the main reason agencies start a philanthropy program, but a majority of agents also reported that their contributions brought in new business.
Nearly 80% of agency owners have made operational changes to counteract the Great Resignation.
Two-thirds of independent agency owners believe workplace flexibility is here to stay, according to The Hanover Insurance Group’s survey.
COVID-19 has brought about an increase in conditions ripe for workplace burnout, including longer working hours and taking on additional tasks, according to the ADP Research Institute.
On Tuesday, Liberty Mutual and Safeco Insurance announced the winners of the 2020 Agent for the Future Award, which included several Big “I” members. The award celebrates agencies that are leading the way into the future.
Watch the video from Bob Rusbuldt, Big “I” president & CEO, and Jon Jensen, Big “I” chairman, that provides updates on the Trusted Choice® COVID-19 Relief Fund.
With high levels of community involvement even before the coronavirus pandemic, many independent insurance agents are the first to meet their community’s needs caused by a crisis.
The grant will be dispersed directly to independent agencies via a Big “I” application process to meet those agencies’ critical needs in the midst of the pandemic. Independent agencies can apply for assistance online.