All the headlines from our Productivity Topic Page, ordered by recency.
Jul 5 2004 // Over the years, I have found that many agency owners peg their agency value to traditional benchmarks and current market values. At one time, the industry benchmark for an average agency was one and a half times annual...
Jul 5 2004 // Conning Research & Consulting Inc. released a study concluding that P/C insurers’ cost of doing business “has stagnated over the past 20 years, contrasting the remarkable efficiency gains achieved by many...
Jul 5 2004 // Over the years, I have found that many agency owners peg their agency value to traditional benchmarks and current market values. At one time, the industry benchmark for an average agency was one and a half times annual...
Jun 7 2004 // Ask insurance industry lobbyists in Tallahassee to describe this year’s legislative session, and they’re likely to agree that it was a “very productive” session.Lawmakers enacted major pieces of...
Jun 2 2004 // SCA Insurance of Pueblo, Colorado, a large multi-office agency, had been watching the insurance agency management system market for years, keeping an eye open for a new and compelling agency management solution. Having...
May 25 2004 // In a survey of property, casualty, life and annuities professionals, 39 percent of respondents indicated that increasing productivity is their first priority in improving business processes, while 33 percent cited the need...
May 17 2004 // Many carriers, especially commercial lines carriers, rely on independent agencies to sell and service policyholders. The agency typically owns and maintains the relationship with the insured. Carriers that maximize agent...
May 4 2004 // Florida’s just-ended legislative session “proved to be very productive,” an official with the National Association of Mutual Insurance Companies (NAMIC) said. Florida lawmakers enacted several key...
Apr 5 2004 // An interesting event happened at a recent strategic planning session with a client. Action items for each department were being discussed. What stood out was that the majority of the action items had a heavy reliance for...
Mar 22 2004 // You’re a 15 handicap on the links. Your swing isn’t perfect, but you have managed to rationalize, or compensate for, your deficiencies. If you worked with a golf pro, you could probably correct several...
Mar 22 2004 // The New Mexico legislature’s regular 30-day session adjourned Feb. 19. Although the New Mexico Constitution largely limits the scope of 30-day sessions to fiscal matters, the governor can ask legislators to consider...
Mar 1 2004 // The New Mexico legislature’s regular 30-day session adjourned at noon on Feb. 19, 2004. Although the New Mexico Constitution largely limits the scope of 30-day sessions to fiscal matters, the governor can ask...
Feb 9 2004 // Among all the things that an insurance agency owner or manager needs to pay attention to, employee productivity is often considered, but not properly addressed. This is curious because maximizing employee productivity has...
Dec 18 2003 // Red Oak E-Commerce Solutions, Inc. (ROES), a leader in Internet based claim reporting systems, announced that Frank Gates Service Companies has switched their workers’ compensation injury reporting to ROES’...
Dec 10 2003 // AgencyPort Insurance Services, Inc. announced that Eastern Alliance Insurance Group, a Pennsylvania workers’ compensation company, has licensed AgencyPort’s full KeyOnce(TM) Solution. The KeyOnce(TM) Portal...
Nov 17 2003 // The insurance agency industry, like most other industries, has struggled with “merit” type compensation programs that attempt to reward employees based on the quality of their work effort. Unfortunately, in the...
Nov 17 2003 // The insurance agency industry, like most other industries, has struggled with “merit” type compensation programs that attempt to reward employees based on the quality of their work effort. Unfortunately, in the...
Jun 4 2003 // Eighty-eight percent of insurers think that IT will become more important in driving efficiencies and cost-reductions in future, according to new research released by RebusIS, an insurance technology solutions provider. A...
May 19 2003 // In an increasingly wired business environment, property/casualty insurers and agents face enormous challenges-shrinking profit margins, new business acquisition and retention costs, and changing customer expectations,...
May 5 2003 // A year ago, Lloyd’s course was “steady as she goes,” following the enormous losses of Sept. 11, but with the appointment of a new chairman last November, Lord Peter Levene of Portsoken, coupled with a...