So, you want to know the difference between an insurance customer relationship management (CRM) solution and an agency management system (AMS)—which one your agency needs, and what the uses are for each. Well, you’ve come to the right place!
Gulraiz brought a lot to the table. He had experience as a claims adjuster and analyst. He spoke six languages and had done a lot to establish himself. So, he was looking for a place where he could use all his acquired skills and knowledge. When he heard Smart Choice® could help him set up his own agency, get his foot in the door with the carriers, and he didn’t have to pay anything, he said, “Great!”
Choosing a network partner can make or break your business. Independent agents should consider these four key characteristics of a network before committing to an insurance agency network.
Starting your own independent insurance agency can feel both challenging and overwhelming — and it’s a leading reason many agents start in the captive world or as a producer in someone else’s agency. Many feel that the challenges of simply knowing how to start any business are daunting and simply don’t know where to begin.
There are nearly 30 million small businesses in America. Owners of these small businesses make potentially tough decisions about workers compensation coverage that can impact their employees and bottom line alike. These five strategies can help small business owners properly evaluate their workspace risks and better manage insurance costs.
Standard agency procedures for handling claims, cancellations. endorsements, renewals, etc. must be established and all agency personnel (including agents) must be made aware of them.
There are positives and negatives to both models of insurance businesses, but it really comes down to individual needs and wants. If you’ve recently looked into opening your own insurance agency, and you aren’t sure whether you should go the captive or independent route, look no further.
