It’s 2013. Like it or not, every insurer is a technology company. The ones who wake up and realize it have a bright future. Insurers who continue to view “business” and “IT” as separate organizational entities will go the way of the stegosaurus—and most of them won’t even see it coming. Where even a few years…
“Change in all things is sweet.” – Aristotle Okay, I’ll admit it, we’ve been known to mock insurance around here on occasion. We know we shouldn’t. After all, it’s our livelihood, our daily passion. But its well-established reputation for being less than exhilarating leaves it ripe for ribbing. Deep down, though, we have nothing but…
“Ask and ye shall receive.” It’s something of a mantra at Agencyport. Customer input is arguably the single greatest determiner of new product features and functions. The recent release of Connect5 (our solution for agency interface, application integration and enterprise integration) is no exception. Version 1.1 of our integration platform adds the ability to convert…
With P&C IT budgets scrutinized more closely than ever, and expectations around product capabilities growing daily, the more challenges a single solution can help carriers overcome, the more valuable it is. For nearly a decade, leading New England P&C carrier, Arbella Group Insurance, has leveraged an independent web-based point-of-sale portal to: – Stay competitive in…
A few weeks ago, I spent time out on the road talking with agents placing commercial lines business with one of our customers. During the meetings, we talked a lot about technology—what was making their lives easier and what continues to drive them crazy (access to loss runs, anyone?). One of the most notable takeaways…
From Premium Magazine, April 2013 edition. The recovery of the energy sector among states within the Gulf Cooperation Council (GCC) is resulting in a growing and increasingly wealthy population as well as a significantly more diverse economy. Not surprisingly, the region’s insurance industry is growing accordingly. An area economy that is currently worth well over…
The most significant risk that carriers face when rolling out a new agent portal is that it will not be adopted quickly or significantly. Weak adoption threatens both enterprise value and business, and potential competitive differentiation gains are lost. At the end of the day, the success of an agent portal hinges entirely on its…
When we hit the road four years ago for our Agency Insight Tour kick-off, I was quietly excited about the prospect of seeing first-hand how our products were making an impact on agency and carrier workflow, especially in commercial lines. We had over 30 AgencyPortal implementations that included real-time upload functionality from our AgencyConnect…
The policy data within a carrier’s book of business is its lifeblood. Knowing that you can migrate it quickly and accurately, analyze it effectively at any time at a comprehensive level, and that it is safe as it resides within your database provides both the confidence that comes with deep assessment capability and the peace…
Every year, Agencyport Europe selects a charity upon which to concentrate its long-standing efforts of giving back and supporting the local community. Last year we successfully helped raise £10,000 for the NSPCC’s Childline. This year we have chosen to team up with The Adventure Help & Opportunities for Youth (AHOY) Centre charity, based in London….