Thursday, May 19, 2011

Is Your Broker up to Date?

Your broker's ability to secure optimal insurance coverage today requires his ability to efficiently collaborate with multiple parties within his agency and at insurance carriers, and to access a range of often time-sensitive information.

By TODD L. YOUNG, president, CEO and co-founder of ProspX, a provider of enterprise search, networking and collaboration software platforms

To assess how well your broker is able to deal with the pace of business today, ask the following questions:

-- Can my broker provide an opportunity summary that provides a detailed analysis of differentiators among all available markets, rather than just a static "proposal"?

-- Can my broker network with markets and underwriters in real-time--while sitting in my office?

-- Does my broker use online search tools to gain access to market and industry information rather than relying on carrier websites and underwriting manuals?

-- Does my broker use real-time collaborative platforms to network with colleagues within the agency, the broker community, and with insurance carriers?


View the original article here

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...