So you’re an insurance agent that wants to take your career to the next level and own an insurance company. The problem is you don’t know which steps to take to get there. Don’t worry, everyone feels the same way when venturing into a new business, especially one in the insurance industry. Starting an insurance…
Almost every insurance agency needs thorough insurance renewals to maximize retention rates and build lasting client relationships. If friction exists and your clients find the renewal process too complicated, they’ll feel reluctant to renew their policies. That’s why insurance agencies should plan their insurance renewals carefully to meet the needs of their clients and keep…
No matter the size of your insurance agency, acquiring new leads is crucial to its growth and success. You need lead generation tactics that attract the right clients to guide them down your sales funnel and boost your conversion rates. In an era where digital marketing prevails, leveraging the power of the internet can help…
The insurance industry is a prime target for cybercriminals because of the sensitive information they carry. According to Statista, the financial sector recorded more than 2,500 cybersecurity incidents between 2020 and 2021, with small businesses receiving the most attacks. It’s an alarming figure that should raise the concerns of insurance agencies and encourage them to…
Challenges Insurance Agents Face in 2022 The pandemic has shifted the course of how businesses operate, thus creating new challenges for insurance agents. As we navigate toward a disrupted industry, knowing how to adapt and overcome will be the keys to success. In a time when radical change happens spontaneously, it’s up to the insurance…
Working in the insurance industry is fast-paced, and agents need the right tools to facilitate their work. You only have so much time in your hands to negotiate insurance, so you want to get help as much as possible. Thankfully, insurance agency tools exist, with newer technology helping streamline processes and maximize employee productivity. Savvy…
Attracting new clients is always a challenge for every insurance agency, regardless of their size. Without new clients, your business simply won’t grow. That’s why lead generation is crucial, as it allows you to maintain consistent revenue and scale your business to new heights. The problem is that most people aren’t actively seeking insurance products….
Agency owners know the challenges of running an insurance firm all too well. You’ve got policy renewals to handle, client relationships to maintain, and a whole staff to oversee. Not to mention growing the agency itself and looking for ways to generate more revenue. Staying organized is difficult for agency owners, but thankfully, they can…
As an insurance agency owner, one of your top priorities is to ensure the growth of your business year in and year out. To achieve this, you’ll need to track your agency’s performance in the form of key performance indicators (KPIs). Insurance agency KPIs are the metrics that give you a brief overview of how…
As we welcome the new year, now is the perfect opportunity to look into insurance trends and technologies that will shape the industry’s future. There’s no denying that the previous year brought plenty of challenges to the insurance industry. Still, we’ve learned some valuable lessons that allowed us to adapt and overcome. Part of the…