We recently came across an article in which Jack Salzwedel, chairman and CEO of American Family, was quoted as having said this: We’ve made the comment that it took COVID and physical distancing to bring us closer as an organization. And I think there’s a lot of truth in that. We don’t know if that will come […]
In the July edition of Best’s Review, Bill Pieroni, president and CEO of ACORD, published an article called, “Underspend, Overperform.” In the article, he made a number of good points, including these, which we’ll address in order: “Superior Performers … demonstrated materially higher levels of digital maturity and the resulting productivity.” The importance of that point […]
As human beings and business owners, many changes have been precipitated by the coronavirus pandemic. In contending with everything from restricted travel to social distancing, from working at home to wearing masks in public, we’ve found we’re able to adapt and conform. We’ve also found we’ve been able to learn. In all the lessons available […]
If you’ve been in the workforce for a while, regardless of industry, there are three things you never want to hear, read, or experience. You’re likely to encounter them after some undertaking or other has going horribly awry, usually at the point at which the circular firing squad has been assembled or is about to […]
For those new to the insurance industry, the length and complexity of the system-purchasing process must seem overwhelming and, at times, unnecessary. Overkill might come to mind, but the much-maligned request for proposal (RFP) process drives technology selecting and purchasing in the risk-averse insurance industry. For core administration systems (policy, billing, and claims), RFPs can provide […]
We love a good panic as much as the next bunch. But we have to admit we’re not precisely sure what all the fuss is about when it comes to customer experience, particularly in the insurance industry. We completely understand its justifiably increasing importance. But self-service portals have been around long enough to have become […]
One of our professional colleagues who shall remain unnamed shared an email with us the other day that qualified as the written equivalent of a cold call, and an inappropriate one at that. This is what it said: Dear Sir, I tried to call you, but you didn’t pick up. Because I didn’t want you […]
Back at the turn of the century, with Y2K behind us and a new millennium of technology ahead, we were hearing the term, disintermediation, quite a bit. The prevailing assumption was that technology and e-commerce (remember e-commerce?) would replace the agents from which people had theretofore purchased insurance. Even as late as February of 2015, […]
The outbreak of the coronavirus constitutes a profound test for the insurance industry. More pointedly, it’s a test of your company’s ability to continue operations without staff members being in the office. The fact is, now more than ever, insurers will have to rely on the contingency plans they put in place and the software […]
From conversations you’ve had with us, conversations you’ve had about us, and the messaging you’ve been exposed to (particularly in our blog posts), you’ve likely gotten the gist of our corporate culture. We aren’t a huge operation, but we consider that a strength. We aren’t a small operation, but we’ve managed our growth judiciously. As […]
