Commercial lines represents a growing insurance segment where agencies and insurers have the opportunity to expand their businesses. However, the current submission process is broken and riddled with friction, hampered down by manual, time-consuming processes. In fact, the average agency reported spending 25% of their energy and productivity handling applications and renewals.
The time is now for the industry to solve this challenge. See how inefficient the current submissions process is and ways it could be improved to benefit all parties involved – agents, insurers and insureds.