Agency Technology

Personal lines carriers and their commercial lines counterparts have at least one thing in common when dealing with independent agents: It is absolutely critical for carriers to offer solutions that make it easy for agencies to place business.

If there is one point every insurance carrier is trying to accomplish these days it is to find ways to differentiate themselves from the competition. Second on the list is to find ways to be more efficient.

A former New Jersey insurance commissioner tells you why insurance could cost less if the current regulatory system didn't cost so much.

Brower Insurance puts a premium on technology and has traditionally spent additional funds on the technology side to help its staff be more efficient, according to Dan Driskell, a principal for Brower, a regional agency in southwest Ohio.

The problem insurance carriers face when they wish to do business with independent agents is that the agents are exactly that: independent.

The advent of the data mining discipline allows actuaries to leverage the use of more advanced techniques and overcome data obstacles.