Latest Productivity Headlines
All the headlines from our Productivity Topic Page, ordered by recency.
Agency Value-What is Your Agency Worth’
Jul 5 2004 // Over the years, I have found that many agency owners peg their agency value to traditional benchmarks and current market values. At one time, the industry benchmark for an average agency was one and a half times annual...
Florida Legislative Session Productive for Industry, Lobbyists Claim
Jun 7 2004 // Ask insurance industry lobbyists in Tallahassee to describe this year’s legislative session, and they’re likely to agree that it was a “very productive” session. Lawmakers enacted major pieces of...
SCA Insurance Completes Nexsure Deployment and Achieves Enhanced Levels of Productivity
Jun 2 2004 // SCA Insurance of Pueblo, Colorado, a large multi-office agency, had been watching the insurance agency management system market for years, keeping an eye open for a new and compelling agency management solution. Having...
Xerox Survey Reports Productivity as Top Business Priority for ACORD LOMA Attendees
May 25 2004 // In a survey of property, casualty, life and annuities professionals, 39 percent of respondents indicated that increasing productivity is their first priority in improving business processes, while 33 percent cited the need...
High-Tech Systems Help Make the Agent an Underwriter
May 17 2004 // Many carriers, especially commercial lines carriers, rely on independent agencies to sell and service policyholders. The agency typically owns and maintains the relationship with the insured. Carriers that maximize agent...
NAMIC: Fla. Legislature Adjourns, Session Productive for Property/Casualty Legislation
May 4 2004 // Florida’s just-ended legislative session “proved to be very productive,” an official with the National Association of Mutual Insurance Companies (NAMIC) said. Florida lawmakers enacted several key...
The Two Faces of Automation
Apr 5 2004 // An interesting event happened at a recent strategic planning session with a client. Action items for each department were being discussed. What stood out was that the majority of the action items had a heavy reliance for...
Learn from the Pros-Common Attributes of Successful Agencies
Mar 22 2004 // You’re a 15 handicap on the links. Your swing isn’t perfect, but you have managed to rationalize, or compensate for, your deficiencies. If you worked with a golf pro, you could probably correct several...
Industry Has Productive Legislative Session in New Mexico
Mar 22 2004 // The New Mexico legislature’s regular 30-day session adjourned Feb. 19. Although the New Mexico Constitution largely limits the scope of 30-day sessions to fiscal matters, the governor can ask legislators to consider...
Industry Has Productive Legislative Session in New Mexico
Mar 1 2004 // The New Mexico legislature’s regular 30-day session adjourned at noon on Feb. 19, 2004. Although the New Mexico Constitution largely limits the scope of 30-day sessions to fiscal matters, the governor can ask...
Secrets to Improving Employee Productivity
Feb 9 2004 // Among all the things that an insurance agency owner or manager needs to pay attention to, employee productivity is often considered, but not properly addressed. This is curious because maximizing employee productivity has...
ROES Delivers More Efficient Reporting System to Frank Gates Service Co.
Dec 18 2003 // Red Oak E-Commerce Solutions, Inc. (ROES), a leader in Internet based claim reporting systems, announced that Frank Gates Service Companies has switched their workers’ compensation injury reporting to ROES’...
Eastern Alliance Insurance Group Chooses AgencyPort to Support Valued Agents, Growth and Operational Efficiency
Dec 10 2003 // AgencyPort Insurance Services, Inc. announced that Eastern Alliance Insurance Group, a Pennsylvania workers’ compensation company, has licensed AgencyPort’s full KeyOnce(TM) Solution. The KeyOnce(TM) Portal...
Incentive Programs Offer Alternative to Traditional Compensation
Nov 17 2003 // The insurance agency industry, like most other industries, has struggled with “merit” type compensation programs that attempt to reward employees based on the quality of their work effort. Unfortunately, in the...
Incentive Programs Offer Alternative to Traditional Compensation
Nov 17 2003 // The insurance agency industry, like most other industries, has struggled with “merit” type compensation programs that attempt to reward employees based on the quality of their work effort. Unfortunately, in the...
Majority of U.S. Insurers Reportedly Feel IT to Become More Important
Jun 4 2003 // Eighty-eight percent of insurers think that IT will become more important in driving efficiencies and cost-reductions in future, according to new research released by RebusIS, an insurance technology solutions provider. A...
Productive P/C Rating Solutions Needed for Agent-Driven Sales & Service
May 19 2003 // In an increasingly wired business environment, property/casualty insurers and agents face enormous challenges-shrinking profit margins, new business acquisition and retention costs, and changing customer expectations,...
Full Speed Ahead
May 5 2003 // A year ago, Lloyd’s course was “steady as she goes,” following the enormous losses of Sept. 11, but with the appointment of a new chairman last November, Lord Peter Levene of Portsoken, coupled with a...
Full Speed Ahead
May 5 2003 // A year ago, Lloyd’s course was “steady as she goes,” following the enormous losses of Sept. 11, but with the appointment of a new chairman last November, Lord Peter Levene of Portsoken, coupled with a...
Study Shows Agency Growth and Increased Productivity
Dec 24 2002 // A new edition of the Growth and Performance Standards (GPS) study by the Academy of Producer Insurance Studies shows growth in revenues, commissions and productivity for independent insurance agencies since 1999. The GPS...
