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Shadows of business people overlaid with digital symbols Nearly 40% of agents said they would take a lower commission rate in return for a seamless transaction with an insurer, “especially if responses to the application were dependably accurate and delivered quickly to the insurer,” according to Verisk. (Credit: metamorworks/Shutterstock)

While the volume of data available today can vastly improve a range of insurance processes, the tidal wave of information can be overwhelming. This is particularly when trying to figure out what is useful and what is just noise.

According to Verisk Analytics, Inc., this ability to cut through that noise and get to the most useful insights is particularly vital in small business commercial lines, where customers and agents are seeking quick quoting processes.

Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected].  

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