According to InsuranceJournal.com, independent insurance agencies tend to focus on the sales part of their industry. Many of the business owners lack either knowledge or the experience required to run insurance agency accounting. There is nothing worse than being in the dark about having a bad accountant who doesn’t handle your financial information correctly.
Hurricane Sandy has been a brutal reminder of just how vulnerable we are to natural disasters. When widespread damage occurs and critical infrastructures and services are knocked out, chaos ensues—especially in crowded urban areas like New York and New Jersey. Those who are caught up in the chaos need timely and helpful information, especially from their insurance partners.
The technology revolution of the past few decades has changed the economic landscape forever, for both consumers and businesses. Today’s buying public has a staggering array of choices when it comes to insurance products and services, and technology and social media tools have played a huge role in changing consumers’ buying behaviors, attitudes and preferences.
Poor writing habits are the silent killer in the insurance industry, eroding insurance organizations' bottom lines with incalculable damage to image and reputation, and countless lost opportunities attributable to miscommunication.