How Specialty Insurance Brokers Can Stay Ahead of the Curve

How Specialty Insurance Brokers Can Stay Ahead of the Curve

January 30, 2023By software support

The insurance industry is constantly changing and evolving, and specialty insurance brokers need to stay ahead of the curve to remain successful. From staying up-to-date with the latest technology to expanding their knowledge base and networking, there are many ways for specialty brokers to stay ahead. Stay Up-to-Date With Technology In today’s digital age, it … Read More

The Impact of Marine Insurance Brokers Not Utilizing InsurTech

The Impact of Marine Insurance Brokers Not Utilizing InsurTech

January 25, 2023By software support

The use of InsurTech has become increasingly prevalent in the marine insurance industry. Despite this, there is a large percentage of marine insurance brokers that have yet to embrace InsurTech. This can be detrimental to their business, as it can lead to inefficiencies, decreased customer satisfaction, and a decrease in profits. What is InsurTech? Insurtech … Read More

Business Strategies for Commercial Insurance Brokers

Business Strategies for Commercial Insurance Brokers

January 18, 2023By software support

Commercial insurance brokers must stay ahead of the competition to ensure their business’s success. This article will discuss some good business models for commercial insurance brokers for the future. Utilizing Technology The use of technology to streamline processes is becoming increasingly important in the insurance industry. Furthermore, utilizing technology can enhance customer experience by providing a … Read More

5 Pitfalls Insurance Startups Should Avoid

5 Pitfalls Insurance Startups Should Avoid

January 13, 2023By software support

Starting an insurance business is an exciting endeavor, but it also comes with certain risks and pitfalls. In order to ensure success, it is essential to understand and avoid the mistakes that can make or break an insurance startup. This article will outline the five most common insurance startup pitfalls you should avoid, including proper … Read More

Brokerage Compliance with a Document Management Solution

January 10, 2023By software support

How Document Management Solutions Assist Insurance Brokers with Compliance Insurance brokers are responsible for managing their clients’ financial risks. This includes staying compliant with the Department of Insurance regulations in their state. To help ensure their compliance, many brokers are turning to document management solutions. This article will discuss how document software solutions can help … Read More

Admitted versus Non-Admitted Insurance Carriers?

Admitted versus Non-Admitted Insurance Carriers?

January 8, 2023By software support

Admitted or Not? Admitted versus non-admitted insurance carriers? That is the question.  Do you understand the difference?  Having a good understanding of these two carrier types is essential for any insurance brokerage. This article will discuss these carriers and how they can affect your insurance brokerage. What is an Admitted Insurance Carrier? An admitted insurance … Read More

Pros and Cons of Purchasing Leads for Insurance Brokerages

Pros and Cons of Purchasing Leads for Insurance Brokerages

January 4, 2023By software support

For small to medium-sized insurance brokerages and agencies, purchasing leads from a lead provider like Data Axle Genie or Leadsplease can greatly increase leads and business. But, as with any business decision, there are both pros and cons to consider before deciding whether it’s the right choice. Pros First, purchasing leads can be a great … Read More

Safeguard your Insurance Book of Business with CaptaIMS

January 2, 2023By software support

Introduction Insurance brokers have a lot of data to manage and protect. To stay competitive and protect their Book Of Business, insurance brokers need to use software like CaptaIMS to safeguard their data. This article will discuss features like data encryption, data backup, user permissions, and more to help insurance brokers protect their data. Data … Read More

Integrated tools in your Insurance Management Software

December 27, 2022By software support

The advantages of integrated tools in your agency management software As an insurance broker or agent, you must stay organized and on top of your client’s needs.  One way to accomplish this is through the use of a comprehensive insurance agency management software.  For example, having software, with a built-in book-of-business (address book), policy renewal … Read More

What is Insurtech?

December 22, 2022By software support

Insurtech is a term used to describe the intersection of insurance and technology. It refers to the use of technology to improve traditional insurance models, often through the use of digital platforms and web-based software. One of the main benefits of insurtech is the ability to streamline and automate many of the processes that are … Read More