Insurance Agency Management Software: Criteria, Benefits, and Types

Insurance Agency Management Software: Criteria, Benefits, and Types

Insurance companies deal with a vast amount of data that needs to be managed. However, even with a well-managed workflow, it can be challenging to predict issues that’ll emerge. This is where insurance management software is good for. Keep up with this post to know how to choose the right software solution for insurance companies and what advantages these systems bring. The Key Criteria of Insurance Agency Management Software Insurance management systems include both CRM software and ERP software features. These tools boost effective business management. Their primary goal is…

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Progressive plans to create more up to 6,400 insurance jobs

Insurance jobs - hiring sign

The insurer plans to hire thousands of new employees before the year comes to a close. Progressive has announced new insurance jobs with its intention to hire as many as 6,400 new employees during the second half of 2021 in order to support the insurer’s growth and plans to continue doing so. During 2020, Progressive’s total revenues broke the $42 billion mark as it gained market share. The market share held by Progressive continued rising throughout last year as it built up its customer base. Now, it plans to add…

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CEO Tom Wilson wants more Allstate independent agents but not “human modems”

Allstate Independent Agents - person providing customer service

The insurer’s chief exec seeks to purchase more independent agencies to build on newly acquired business. According to Chief Executive Office Tom Wilson, the insurance company is seeking more Allstate independent agents, according to a recent Reuters report. The plan is to build on the business the insurer acquired when it took on National General. That said, the Allstate independent agents the insurance company is seeking are those who will be able to hold in depth discussions with customers. The plan isn’t simply to hire people for data entry to…

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Insurance agents’ group files lawsuit against Allstate

Insurance agents - lawsuit - Gavel

The suit filed by the NAPAA alleges that the insurer was in breach of contract. The National Association of Professional Allstate Agents (NAPAA) representing the insurer’s insurance agents, alleges that the company was in breach of contract. The NAPAA filed the lawsuit in the US District Court, Northern District of Illinois on May 18, 2021. With the lawsuit, the insurance agents seek injunctive relief, declaratory relief, and monetary damages. This civil action is based on eleven counts of breach of contract. The NAPAA and a number of former agents who…

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4 Reasons Why Your Hiring Process Should Include an Education Check

Hiring Process and how to run an education check

The decision to hire someone new for a position with your company is an important one. Not only will this person represent a significant investment on your part, but you’re trusting them with a lot about your business’s future success. You don’t want to rush the process or choose a candidate without being absolutely certain that they’re the right one for the job. Performing a background check before making your final decision is a no-brainer, but it’s essential to make sure your checks are thorough enough. In addition to checking…

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Insurance apps must perform better in these areas to keep millennial customers

Insurance apps - young woman using mobile phone

A new Mobiquity report revealed the areas in which applications can be elevated to avoid customer loss. Digital offerings such as insurance apps play a key role in customer retention, and a recent report from Mobiquity has identified the areas in which these applications must improve. People don’t use their insurer’s application every day, so the limited usage time must perform. Customers who are willing to switch to another company can be convinced to stay with the right digital offerings. Equally, having insurance apps that exceed those of a rival…

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State Farm boosts working flexibility for insurance employees

Insurance employees - Person working from home

The company has just announced new ways for its workers to do their jobs both in the office and at home. State Farm has announced that it is adding greater flexibility for its insurance employees by introducing new hybrid roles. These will make it possible for workers to spend some of their time doing their jobs at the office and the rest of their tasks can be completed from home. The new approach is meant to improve efficiency within current and future insurance jobs. This new strategy for more flexibility…

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