The insurance industry is in the midst of a shift from paper to all-electronic processes. To keep the electronic chain intact, carriers and agents are incorporating electronic signatures, particularly for new business processing.
Speed of policy delivery and underwriting decision, convenience and claim services top the list of agency requirements when placing personal lines, according to a new survey by Novarica and the Personal Lines Growth Alliance (PLGA).
Speed of policy delivery and underwriting decision, convenience and claim services top the list of agency requirements when placing personal lines, according to a new survey by Novarica and the Personal Lines Growth Alliance (PLGA).
A survey of senior insurance agents, conducted by FirstBest Systems, Inc., found that many agents want real-time underwriter collaboration, upload/connectivity and processing, and ideally, a single system.