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
Integrated tools in your Insurance Management Software
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?
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
What is Insurance Management Software?
For those of you thinking about starting your insurance agency, you will undoubtedly come across a need for software to manage your business. Insurance Management Software, or IMS, is a web-based software that insurance agencies use to organize their book of business. Usually, Management Software is built for specific insurance markets within the industry, such … Read More
5 reasons Insurance Startups should consider Agency Management Software
Do you think Agency Management Software (AMS) is just for mid-sized or large insurance companies? Even if you are a staff of one or two people, the organizational power of a great AMS can improve your efficiency. While Agency Management Software is crucial for larger businesses, it may play an even more important role for … Read More
SMS marketing for insurance agents
SMS research suggests that SMS marketing gives you an open rate of almost 95% and a response rate of 45%. That means out of 100 text messages sent, 95 people will read them within the first three minutes. Definitely a tool insurance agents want to have at their disposal! With the popularity of SMS on … Read More
Using an Agency Management System over a CRM
Benefits of Using an Agency Management System over a CRM In the insurance industry you are likely going to need either an Agency Management System (AMS) or Customer Relationship Management (CRM) software to manage your book of business. Regardless of the system you use, you need to make sure it is easy to use, can … Read More