Editor's note: William Heitman is managing director, The Lab Consulting.
Almost anyone who's spent time in an independent agency will agree that operations can be plagued by inefficient, unproductive work activities. Meaningful changes that enhance efficiency and increase productivity have proven difficult to make.
It doesn't have to be this way. In fact, insurance firms and their agencies only need to look at their knowledge workers, those who “toil with their minds” in sales, quotes, claims processing and premium collection, to find vast, untapped sources of economic value hiding in plain sight.
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