It was a great pleasure to sit among other experts to discuss #data and analytics at the MAIA #BigEvent2021. Thank you to everyone who joined!
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To unlock premium growth this year, agents need to implement repeatable systems to cultivate this growth. It's time to define the specific actions needed to reach your agency goals.
#Insurance#AgencyGrowth
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.@FloodQuake says if you ask agencies "what the key ingredient in #insurance is, you would end up with a variety of answers such as affordability.." Agencies need to understand their unique value to deliver a quality product.
#AgencyGrowth
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I look forward to seeing @ANE_Agents and @UnitedValleyIns grow as @RenAlliance's agency network empowers them.
#Insurance#AgencyGrowth
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ANE’s 60 member agencies and United Valley’s 92 member agencies will bring Renaissance’s nationwide alliance of members to 273 independent agencies, representing $3.6 billion in premium. https://t.co/eNSUAt4cwU
According to @PC_360, No-Code/Low-Code applications can give insurers the agility they need to adapt to an evolving #insurance market.
#Insurtech
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With the help of @RenAlliance, your agency can boost operational efficiency and revenue growth. To unlock this kind of growth, consider joining our agency network today.
#Insurance#BusinessGrowth
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How are you future-proofing your #insurance agency?
@PC_360 suggests making the most of your carrier-provided digital tools. Tech tools such as agency apps will make your services more user-friendly and efficient.
#Insurtech
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.@SPGlobal says, '“The trend toward digitalization will inevitably lead to a higher likelihood of cyber incidents. Prices in the cyber re/insurance market could therefore rise sharply..." Great predictions for the 2022 #insurance industry.
#Insurtech
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.@DoxeeInc says with #insurtech, "#insurance companies can address each individual customer in a personalized manner, with tailored communications, even when dealing with huge audiences." This personalization is a huge benefit to agencies wanting to grow.
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How do you communicate a cyber incident to your team? @PC_360 suggests giving your employees clear, actionable items soon after the event occurs. It's essential to lead with transparency and clarity.
#Cybersecurity#Insurance
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"If leadership wants to send a message to employees, but they don’t have a system established to do it efficiently, valuable time will be spent coordinating outreach. This can all be avoided by proactively instituting a cyberattack communication strategy." https://t.co/t2ULrvPbLk
To shape your agency more effectively this year, @PC_360 suggests using customer feedback and analytics. It'll help you gain more loyal customers while establishing solid #AgencyGrowth.
#Insurance
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Patrick Dempsey of the Dempsey Insurance Agency believes that face-to-face interactions still matter despite insurtech's rise in popularity. For more perspective, check out this @RenAlliance blog.
#Insurance#Insurtech
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I'm thrilled to welcome @ANE_Agents and @UnitedValleyIns to the @RenAlliance team! I'm excited to see all that we can accomplish!
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We are proud to welcome @ANE_Agents and @UnitedValleyIns to our premier network of independent insurance agencies! The two organizations collectively represent $2.4bn in premium and are key additions in Renaissance Alliance’s national growth strategy.
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What do you think is next for pandemic business interruption insurance? According to @Vertafore, we can expect to see state and federal government intervention to support business owners.
#Insurance#PandemicInsurance
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Employees play a huge role in your agency's #cybersecurity. @PC_360 says, "Creating a culture of awareness ensures all employees know they play a fundamental role in their business’s cyber resiliency." Great #insurance leadership perspective.
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According to @KrASIAofficial, 2021 has shown an increase in #insurance and #insurtech tools getting embedded into other services. As a result, insurtech funding has jumped.
Do you think this trend will continue in 2022?
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How do you calculate accurate #AutoInsurance risk? @LexisNexisRisk suggests using data to uncover more complex accident and vehicle ownership insights to shape pricing policies.
#Insurance
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How is your agency navigating the #COVID19 vaccine? Great guidance on testing and vaccination in the workplace from @PC_360's Brad Nevins.
#Insurance
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.@KRCallahanRen suggests having a 20-year plan to determine who will succeed you to have a successful financial endgame. For more details, check out this @RenAlliance blog!
#Insurance#Finance
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