Resources for Insurance Professionals

6 Ways to Grow Your P&C Insurance Agency

Property and casualty (P&C) insurance is a hot area, growing steadily every year. In 2019, for example, the P&C insurance sector wrote nearly $709 billion in gross premiums, an uptick from the $678 billion written the previous year. No matter how good your P&C insurance agency is doing, you could always do better. Good news: If you’re looking to grow your P&C insurance agency, you’ve come to the right place. This post provides an overview of six ways you can take your P&C insurance agency to the next level without breaking the bank.

Biggest Mistakes Agencies Make with Their P&C Insurance Digital Transformation Efforts

Digital transformation is all the rage these days, and for good reason: It helps your agency move faster, offer better experiences to clients, and increase its profitability. When you successfully enact digital transformation initiatives, your agents are able to sell insurance products around the clock, serve up on-demand quotes to clients at their convenience, and reduce errors and omissions exposure, among countless other benefits. At the same time, you’re able to generate large swaths of data, which you can then leverage to continuously improve operations—all while using less paper and doing your part to preserve the environment. Yet property and casualty insurance companies can’t just invest in digital transformation initiatives and expect great results. In fact, quite the contrary. Believe it or not, a whopping 70 percent of digital transformation efforts fail. The last thing you want to do is invest a whole bunch of money in overhauling your outdated processes and workflows only to wind up in a worse position on the other side. With that in mind, let’s take a look at some of the biggest mistakes agencies make with their digital transformation efforts so your P&C insurance agency can avoid doing the same.

How to Inspire Your P&C Agents to Hit Their Sales Quotas

If you want your P&C insurance agency to succeed, you need to build a relentless sales machine. To keep this engine pounding, and the agency profitable, it’s critical that your P&C agents hit their sales quotas. Unfortunately, it’s easy for your agents to get distracted along the way. And if motivation dwindles, the bridge to your sales goals is sure to buckle and collapse. Fortunately, there are ways to motivate your P&C insurance agents, build comradery, and pump out sales consistently as a unit. In this article, we’ve nailed down some tips to inspire your P&C insurance agents to hit their sales quotas.

Tips for Cross-Selling and Bundling for Higher P&C Commissions for Your Agency

Want to secure higher P&C commissions for your agency? Teaching agents to master cross-selling and bundling is an agency’s secret weapon. Perfecting these tactics doesn’t just drive more P&C insurance sales; it can also cut down your agency’s costs and may save your insurance agents time. Looking for the secrets to cross-selling and bundling for higher commissions? In this article, we pin down P&C insurance sales tips that you can pass on to your insurance agents in order to solidify your cross-selling and bring in more commissions.

How to Streamline Your Prospecting Efforts as Your P&C Insurance Agency Grows

Running a growing P&C insurance agency can feel like a tightrope walk. You want to expand your client base, but if your insurance agents are spread too thin, they’ll miss out on valuable prospecting opportunities. If your agents are overworked, or prospects are neglected, your whole team’s growth efforts could teeter and collapse. If you want to grow, keep your P&C insurance agents marching forward, and craft an unhaulting prospect pipeline, it’s time to take a long, hard look at your agency’s prospecting efforts. In this article, we’ve nailed down the best ways to streamline your prospecting efforts as your P&C insurance agency expands.

Email Marketing Best Practices for P&C Insurers

Insurance agents who are selling property and casualty policies to their clients realize the potential in these sales to ultimately increase their commissions. If you want to land more property and casualty (P&C) insurance sales, communication is key. After all, the business is rooted in pricey assets, sentimental items, and some of the most cherished valuables your clients will ever hold. By delivering the right emails to your clients about these high-value items, you can boost your insurance sales. Wondering how to tailor emails to generate more leads and secure more property and casualty insurance sales? Follow these simple email marketing tactics for insurance agents to open up communication, build deeper relationships, and spark more sales.

6 Ways Technology Can Help Boost Your Property and Casualty Insurance Agent Commissions

Looking for ways to increase your property and casualty insurance profits? You’re searching in the right place. With the right technology, it’s possible to increase sales, simplify selling, and grow your property and casualty insurance agent commissions. Wondering how?

The Ultimate Guide to Selling P&C Insurance From Home (+The Tools You Need)

Remote work opportunities are bursting open throughout all industries. And it’s an especially profitable time for at-home property and casualty (P&C) insurance sales...if you embrace the right tips and technology. Boosting your P&C sales from home may be even easier than you realize. With just a few key tools and best practices, you can transform your at-home insurance business into a P&C selling machine. Wondering how? In this guide, we lay out how to increase your P&C insurance sales from home and pinpoint the tools you need to lift your at-home sales.

Cold Calling Tips for Insurance Sales

Cold calling is widely considered one of the most difficult parts of sales, regardless of industry. Cold calling in insurance sales can be especially difficult for a number of reasons. While insurance is a product that everyone can utilize, the competition is fierce and product offerings are diverse. This can lead to a number of roadblocks in the sales process. While you can’t expect to turn every cold call into a sale, you can definitely give your sales team the best opportunities to succeed.

The Great Debate: Should I buy leads for my agency?

In today’s digital-driven world, purchasing leads online is something that every insurance business needs to take into consideration. While not all lead generation businesses provide the highest quality level of leads, it is becoming an integral part of the industry and must be considered when looking at building your inbound leads. There are a number of factors to keep in mind while you are shopping around for lead generation partners online to help ensure that you are going with a trusted partner that meets your specific needs in regards to lead generation.

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