Digital Era: Are Exclusive Insurance Agents Facing Extinction?

exclusive insurance agents battle in the digital world

In the vast and complex world of insurance, exclusive agents play a critical role. They are professionals who have signed agreements with a single insurance company to sell only that company’s policies. This exclusivity allows them to deeply understand the products they sell, providing clients with an unmatched level of expertise in those specific offerings. However, the insurance industry is currently in a state of flux. Rapid technological advances, evolving consumer expectations, and the rise of digital platforms are reshaping the landscape. These changes are not only altering how insurance…

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Insurance agents advised to create customer contact with social media tools

Social media and mobile commerce are becoming increasingly popular among business owners and insurance agents are being advised not to miss the lesson that has been learned by more than half of all business owners already. According to a survey called SB Authority Market Sentiment Survey, performed by Newtek Business Services, The Small Business Authority, which has more than 100,000 business accounts in its portfolio – 2,200 of which were polled – 57 percent of business owners are already working to bring in new customers through the use of social…

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