Skip Ribbon Commands
Skip to main content
Sep 04
ACT Newsletter Issue #55

AGENTS COUNCIL FOR TECHNOLOGY

Big
 

 

WELCOME TO ACT NEWS

 

Registration is open for our ACT Meeting in Fort Worth taking place on October 23-24, 2019. This meeting will be in conjunction with the EZLynx ‘AgentLynx’ conference.

 

During the first day of the meeting you will have a chance to participate in two interactive ACT Work Group breakouts. We will also have featured presentations on Artificial Intelligence (AI) vs. Machine Learning, Authentication, Driving top staff performance, actionable intelligence through agency metrics, and much more! Click here to register and for more information.

 

Want to be part of the change? Want to help drive change? Get involved with an ACT Work Group. Contact us here for more information.

 

 

 

 

 

Linebreak 

 

Linebreak 

AGENCY OUTLOOK

 

Alisa Sutman on Improving Agency Operations

By: ACT News Team

 

Agency profit can seep out via inefficiencies. From systems to workflow to personnel, there are substantial opportunities for improvements. Alisa Sutman, an insurance agency operations and training consultant who is also an active member of ACT and other industry organizations, reveals some insights gleaned over her experience in agencies and work groups. Here she shares how to maximize use of agency management systems and what she finds to be the best workflow enhancements.

Linebreak 

INDUSTRY FORESIGHT

 

One Carrier’s Journey to Digital

By: ACT News Team

 

MetLife has overhauled and updated its technology interface across sales and distribution channels to improve the customer and independent agent experience. Early on, the effort included collaboration with agency partners to determine the best pathway to success. John Delemontex, director of sales technologies at MetLife, provides the ACT News Team with some background and highlights on the carrier’s digital transformation.

Linebreak 

 

TECH ACTION

Local Data Feed Carrier Underwriting Algorithms

By: PropertyCasulty360

 

Artificial intelligence can improve rating and underwriting without increasing data collection from agents and the policyholder. Carriers can apply actuarial concepts and advanced analytics to review and redefine rating territories, according to this July 29 article in PropertyCasualty360. Older methods that relied heavily on agent-provided data and poor-quality claims data generated higher than desired variance within rating territories. This article describes the process of creating better rating territories, the kinds of data that are sought, and how data can be manipulated by carrier algorithms to tailor underwriting, rating and premiums.

Linebreak 

BONUS FEATURE: MAY ACT MEETING HIGHLIGHT

Carrier-Agency Collaboration – Boundaries and Bridges

By: ACT News Team

 

Earlier this year, during the May ACT Meeting Town Hall, agents had an opportunity to send a clarion message to carriers: we are happy to collaborate, but there are clearly demarcated proprietary boundaries. Chris Ross (Travelers), Joe Clabaugh (Cincinnati), Howie Barber (Ohio Mutual), and Chris Cline (Westfield) discussed the importance of carrier-agency partnerships in insurance technology and addressed several questions relating to how their companies keep agent and customer engagement top of mind as insurers move forward on digital upgrades. Here is a peek into the discussion.

Linebreak 

ACT MEMBER EXCLUSIVE

 

 

 

 


ACT News 

Agents Council For Technology 
Vol. 6, No. 8 - Issue #55
Wednesday, August 21, 2019


 



*****************************************

Mark Your Calendar!

 

 

September 11-15, 2019
Big "I" Fall Leadership Conference

The Westin Savannah

Savannah, GA



September 23-25, 2019
InsureTech Connect

MGM Grand

Las Vegas, NV

 

October 8-11, 2019
2019 Nexsure User Group Conference

Hilton St Louis at the Ballpark

St. Louis, MO 

 

 

October 14-17, 2019
Applied Net 2019 Conference

Aria Hotel & Convention Center

Las Vegas, NV

 

 

October 21-23, 2019
EZLynx AgentLynx Conference

Omni Hotel Fort Worth

Fort Worth, TX

 

 

October 23-24, 2019
ACT Meeting

Omni Hotel Fort Worth

Fort Worth, TX
*In conjunction with 
EZLynx AgentLynx Conference

 

 

October 29-30, 2019
ACORD Connect 2019

Renaissance Boston Waterfront Hotel Boston, MA

 

 

January 14-15, 2020
Level Up Agent Summit

*In conjunction with 
Big "I" Winter Board Meetings

New Orleans Marriott

New Orleans, LA

 

 

January 15-20, 2020
Big "I" Winter Board Meetings

New Orleans Marriott

New Orleans, LA

 

 

April 19-21, 2020
HawkSoft User Group Conference

Rosen Centre Resort 
Orlando, FL



April 29-May 2, 2020

Accelerate, powered by NetVU

Minneapolis, MN

 

 

**************************************​


Comments

There are no comments for this post.

 ‭(Hidden)‬ Blog Tools