by Jason Bogart | Aug 2, 2022 | Leadership, Underwriting
In our last article, we discussed how having a clear underwriting appetite leads to improved growth and lower expense ratios. A lack of a clear underwriting appetite is a self-inflicted wound. But agents tell us that carriers inflict even more egregious self-harm. One... by Jason Bogart | Jul 14, 2022 | Leadership, Underwriting
In our last blog article, we discussed Four Ease-of-Business Barriers that Carrier Technology Cannot Fix. In this article we dig deeper into the first barrier: not being clear about what business you want. A carrier’s underwriting appetite outlines the... by Jason Bogart | May 10, 2022 | Leadership, Underwriting
It’s never been more difficult to hire and keep talent. Yet hiring and keeping top-notch underwriters and claims professionals is mandatory for insurance carriers who wish to differentiate themselves through ease of business. Agents—particularly those who specialize... by Jason Bogart | Nov 17, 2021 | Technology, Underwriting
Since 2016, the Millennial generation (aged 25 to 40) has outnumbered Gen X (aged 41-56) and Baby Boomers (aged 57 to 75) as the largest percentage of the U.S. workforce. Millennials are driving the future of the property and casualty insurance industry. Carriers with... by Jason Bogart | Jul 27, 2021 | Agent Perspective, Underwriting
Previously we talked about the importance of Underwriting Flexibility to P&C insurance agents, especially for agents who write Commercial Lines. Agents place more of their best business with carriers that they perceive to be flexible in their underwriting. If you... by Jason Bogart | Jun 29, 2021 | Behaviors, Leadership, Underwriting
In our last article we discussed how underwriting responsiveness impacts the value of technology transformation. Underwriting Responsiveness remains the #1 opportunity for P&C carriers to improve their agents’ ease of business experience. In 2020, only 38% of the... by Jason Bogart | Jun 1, 2021 | Behaviors, Technology, Underwriting
A friend of mine loves fast cars. Recently he went to a “tuner” school where they taught him how to enhance a normal automobile from its factory settings up to 1000 horsepower. To put this in perspective, a NASCAR racing engine produces about 750 horsepower. “Tuning”... by Jason Bogart | Feb 17, 2021 | Claims, Process, Technology, Underwriting
Many of us have heard that blockchain will change the way we do business. It will make our transactions more secure and efficient. I must admit that, until recently, I have been more baffled than intrigued by blockchain. However, this Podcast went a long way towards... by Jason Bogart | Jan 20, 2021 | Behaviors, Change Management, Leadership, Underwriting
In a previous article, Flexibility Improves Ease of Business & Underwriting Profitability, we discussed the value of profitable underwriting flexibility and identified four steps to achieve it with your agents. In this article we take a closer look at how... 