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Insurance 2.0 Magazine

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Latest Articles from Insurance 2.0 Magazine
It’s January 2012 and driving instructors throughout the UK are facing a difficult year ahead with similar pressures to those faced during 2011 which amongst other things includes having to pay increased motor insurance premiums for their tuition cars. Waveney Group Schemes Ltd, the c...
As part of Waveney Group Schemes christmas and new year promotion they have launched a £25 voucher scheme. At a time when driving tuition insurance premiums are increasing, you'll be pleased to hear that Waveney (together with its panel of financially strong UK based insurance compani...
We all know that companies of all sizes are facing tough economic challenges at the moment. These challenges are coming from one of the toughest directions possible: customers are not spending money, making it more important than ever to convert the few available prospects into profita...
You've heard the phrase "Knowledge is Power". There seems to be a human character trait that says by keeping documents close at hand, preferably within steps of my office chair, I am more powerful. Filing cabinets for individuals, and "working copies" of client files are everywhere in ...
As AIG plans to sell off two large units from its core, it makes me believe that there are interesting people-, process- and technology-times ahead for the companies acquiring them. As I talked about yesterday, insurance companies are used to the fact that they have different lines of ...
In this audio podcast Brian Morton explains me how people become insurance agents, explains today's and the futuristic workflows between insurance producers, GA's and carriers.
This is a screencast showing the SureLC application that automates the Licensing & Contracting process for BGAs, producers, and carriers. In less than 8 minutes, you'll see how a BGA can get a newly recruited producer set-up and ready to submit contracting applications to multiple car...
The number one determinate of an insurance agent selling insurance for an insurance company is the ease at which agent do business with them. It doesn’t matter about their product selection, it doesn’t matter about their prices, it doesn’t matter about anything else than making sure t...
Most people outside the insurance industry have little to no idea how much work insurance agents go through to run their business. I refer to insurance agents running a business because nearly all insurance agents are independent contractors. They are responsible for sales, marketing...
The days of insurers dictating to agents how they will conduct business are over. Insurers must meet the demands of agents if they want to grow their business. Straight-through processing of new business insurance applications is becoming more attractive for insurance companies and in...
Most insurance agents work with multiple insurance companies, the problem with keeping up with each client’s application status is compounded. Doing so requires the insurance agent to invest considerable time navigating to each insurance company’s website portal, logging in, and navig...
Typically, the life, health, and annuity sales cycle involves at least four separate entities. First, the prospect client, then the insurance producer, followed by the General Agency (GA) that the producer works through, and finally, the insurance company. More often then not, experi...