For decades, technologically sophisticated agencies haveliterally been begging insurers to provide real-time capability forhandling transactions between agent and carrier. Now that someinsurers have been offering such technology, however, the tableshave turned.

The burden has shifted to independent agents to use the toolsprovided, with insurers complaining that agents have been slow inadopting the technology--and some warning that they won't continueto offer the option if they don't get a better response.

"To those carriers, I would say, hang in there and work withus," said Kim Favreau, newly elected chair of the Applied SystemsClient Network (ASCnet), in an interview with National Underwriterin Orlando during the group's recent annual conference.

Continue Reading for Free

Register and gain access to:

  • 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

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.