Category: Insights

When starting an insurance agency, there are several important considerations to keep in mind. Some of the key factors to think about might include:

In the world of business, indicators are metrics that can be used to measure the performance and health of a company. In the insurance agency space, two types of indicators commonly used are lagging indicators and leading indicators. Lagging indicators are metrics that reflect the past performance of a company. They are called “lagging” because…

As an insurance agency, it’s important to keep an eye on key metrics in order to ensure the company’s success and growth. Some metrics to consider include: Overall, these metrics can provide valuable information about an insurance agency’s performance and can help the company identify areas for improvement. By tracking these metrics over time, the…

Insurance agencies often struggle with collecting and using data to accurately value policies. Here are some key challenges they may face: Overall, collecting and using data to value policies is a complex and challenging task for insurance agencies. By addressing these key challenges, insurance agencies can improve their ability to make informed, data-driven decisions and…

A good dashboard is essential for an insurance agency to effectively manage its operations and make data-driven decisions. A well-designed dashboard provides key information and insights in an easy-to-understand format, allowing users to quickly and efficiently access the data they need. Here are some key features that a good dashboard for an insurance agency should…

As an account manager in an insurance agency, my day is typically filled with a variety of tasks and responsibilities. Here is a typical day in my role: Overall, a typical day as an account manager in an insurance agency is busy and varied, with a focus on providing the best possible service to our…

Insurance agencies are constantly facing challenges and pressures to grow and compete in a crowded and competitive market. One effective strategy for achieving strategic growth is to focus on niche markets and specialize in specific types of insurance products and services. There are several reasons why niches are important to the strategic growth of insurance…

As an insurance professional, it’s important to know how to protect your clients and their assets from a wide range of risks and liabilities. One way to do that is by selling commercial insurance, which is a type of insurance specifically designed for businesses. Here are five common types of commercial insurance, along with examples…

As an insurance producer, my days are always different and full of challenges and opportunities. Here’s a typical day in my life: I start my day by checking my email and responding to any urgent messages or requests from clients or prospects. I also review my calendar and make any necessary adjustments or updates to…

The top ten frustrations of an insurance agency owner may include: