Posts by AVYST Team
Guest Blog: Fast versus Quality
Republished with permission from Chris Burand To read more articles by Chris, visit Burand & Associates I read a glowing review of Berkshire Hathaway’s Three Question Commercial Application by one of their new clients. He wrote that the entire process was fast and easy. He was really pleased. Fast and easy is important for success in…
Read MoreGuest Blog: Why E&O Claims will Increase
Republished with permission from Chris Burand To read more articles by Chris, visit Burand & Associates E&O claims will increase because private equity is funding plaintiffs’ suits. It is really pretty simple. Many people and attorneys cannot afford to bring suits using only their own financial resources. Additional funding can greatly help them bring suits.…
Read MoreThanks for a Great 2019!
What. A. Year. Thanks to the support we’ve received from the industry, this year has seen dramatic, positive change for AVYST. Because our products are designed for the entire industry – independent agents and brokers, MGAs and wholesalers, carriers, and other solution providers – we are the first submission platform to be formally connected via…
Read MoreAgent Associations Help their Members Meet New ACORD Form Licensing Requirement
Effective January 1, 2020, ACORD will require all insurance agencies to directly license and pay membership fees to ACORD for the usage of ACORD Forms. AVYST, agency management system vendors, carriers, and others have been required to hold a licensing agreement with ACORD for the use and distribution of forms for many years, but this…
Read MoreReal Meaning of ‘Underinsured’ Gets Personal
Insurance folks I’ve met over the years may know the story of my daughter Jenna’s car accident. It’s a painful, very personal story. But by sharing it, I hope to help other people avoid this situation. Jenna’s story actually starts before she was born. I was told I could never have children. So that is…
Read MoreWhy Carriers Need to Rethink their Approach to Technology
October 23, 2018 by Linda Dodson Most carriers recognized long ago that making it easier for agents to do business with them has competitive advantages. Companies have made an effort to simplify the submission and underwriting process, and they’ve created online systems for personal and small commercial lines. For the most part, this has been a…
Read MoreHow Insurtechs are Actually Boosting Brokers
Insurance Business America September 26, 2018 Funding for insurtechs isn’t slowing down, with $2.3 billion invested in 2017, a 36% increase from 2016, and, so far in 2018, insurtech funding transactions in Q2 have reached an all-time high, according to Willis Towers Watson. At the same time, the benefits that insurance companies stand to…
Read MoreTechnology to Attract Younger Employees
Upgrade Your Technology to Upgrade Your Appeal Here’s the truth: entering the same details about a client’s account again and again into different forms is killing your opportunity for some of the best and brightest employees out there. That’s why it’s time for agencies to embrace technology – not only as a tool to save…
Read More4 Ways to Invest the Time You Used to Waste on Data Input
And How to Move Forward Instead of Spinning Your Wheels! By Steven J. Aronson, CIC, Acrisure-Aronson Insurance Every keystroke exposes your agency to risk of error and costs money. It also wastes time. That’s why single-entry technology has the power to transform. The simplest definition of single-entry technology is any agency management, rating, tracking or…
Read MoreCarolina Agents Journal with Linda Dodson
(IIANC magazine May 2018) Q&A: AVYST Partners with IIANC Members on Smoothing Applications Carolina Agents Journal recently spoke with Linda Dodson, chief experience officer of AVYST, an insuretech firm providing sales and risk management solutions to independent agents and carriers. IIANC is partnering with AVYST to provide its eForms Wizard tool to members to eliminate…
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