Insurance agencies are still struggling continuously to tame the paper tigers hampering the efficiency of their operation. Fortunately, marketplace and technology trends mean agencies can now do more with less–less information technology involvement, less capital investment and fewer headaches.
As far back as the late 1600s, when Lloyd's of London drafted its first contract on a piece of parchment, paper has dominated the insurance industry.
Today, insurance companies are still notoriously paper-intensive, and guilt by association dictates that distribution channels–including independent agencies–handle the same mountains of paper in the form of letters, reports, referrals, contracts, submissions, renewals, endorsements, claims and more.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
