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

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

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

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