Winning the Battle for Consumers, Online Interactivity: The Carrier's Secret Weapon [ Source: Priority Data ]
July 2010- Millions of consumers who want to work directly with an agent are still beginning their search for insurance quotes online. They are tech savvy, and expect to find user-friendly, interactive websites that deliver the information they want quickly, without having to pick up the phone or wait for a call. Regional and super-regional carriers have been slow to offer an option to consumers who research online. They have relied on their independent agents entirely. This ...

Insurance Distribution Effectiveness [ Source: Infosys ]
November 2010- Infosys INS DCS MAX (Insurance Direct Channel Sales Maximization) offers a suite of core strategies and enablers that compliment carriers' existing capabilities in social media and online acquisition, leveraging backend systems and the carriers' web presence. The solution enables a carrier to create a consistent public online presence and engage with prospective customers, implement true one touch (or no touch) processing, enhanced quoting speeds and the kind of real time on line experience that leads ...

Next-Generation Affinity Insurance Marketing via the Web [ Source: IdeaStar, Inc. ]
September 2008- The Affinity insurance distribution model illustrates the ways in which rather complex go-to-market systems can be simplified utilizing technology solutions and the Web. Moreover, Web-enabled technology solutions can be highly effective for the sale of insurance products and services to association members and affinity groups. The solution is robust. however, and requires a great deal of marketing savvy and technological capability. As with any affinity and member-driven organization, the goal is to provide valuable benefits ...

Social Tools for the Friendly Society [ Source: Infosys ]
November 2010- Today's highly secured multi-channel e-commerce technology, along with a fundamental online cultural revolution, has led to a new phenomenon that should be of particular interest to a friendly society like insurance, the social consumer. Social consumers' online habits are significantly different than their predecessors. They do everything online, including watch Television. Worldwide social networking users at close to 800 million have surpassed even email users. As advertising budgets have soared over the past decade, insurance companies ...

Winning the Battle for Consumers, Online Interactivity: The Carrier's Secret Weapon [ Source: Priority Data ]
July 2010- Millions of consumers who want to work directly with an agent are still beginning their search for insurance quotes online. They are tech savvy, and expect to find user-friendly, interactive websites that deliver the information they want quickly, without having to pick up the phone or wait for a call. Regional and super-regional carriers have been slow to offer an option to consumers who research online. They have relied on their independent agents entirely. This ...

Using Barcodes to Improve Insurance Processes [ Source: Optical Image Technology - DocFinity ]
June 2008- Throughout the insurance industry, barcodes offer many benefits. They can help expedite backfile conversions, improve processing of current documents, and even initiate electronic workflow processes. When your document management software has the ability to integrate with your claims management system, you can be assured that indexing is always accurate and up-to-date. Bar codes can ensure that new business correspondence is associated with a policy number. Retrieval is dramatically improved, and the return on investment (ROI) ...

State Auto Expands into New Markets and Keeps Pace with Technology, Fueled by CSC’s Software [ Source: CSC ]
March 2006- Over the past decade, State Auto’s growth was fueled by four acquisitions – Milbank, Midwest Security, Farmers Casualty and Meridian insurance companies. The last acquisition, which was migrated to CSC’s Series II system in 2005, pushed State Auto above the million-policy mark, boosting revenues to more than $1 billion in P&C premium. Now more than 3,200 independent agents in 27 states throughout the Midwest and Southwest are doing business with State Auto. The company wanted to simplify ...

8 smart reasons to deploy fully automated agent connectivity [ Source: iter8 Inc. ]
November 2007- Insurers that use an independent agent channel to handle all, or a sub-set of their sales efforts do so to leverage market knowledge and on-the-ground readiness, receiving the benefits of a broad-based channel with local presence that can reach into even the smallest geographic centers, while avoiding the direct costs of representatives to staff it. The effectiveness of the channel is dependent on all agencies interacting with the carrier in a seamless manner, so that ...