In Case You Missed It – Technology Must Support Sales

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In the recent 2020 NUPC/PIA Independent Agent Survey, technology was a focal point.  There were several responses that caught our attention here at AVYST. One noted that the agency owner “has no time to look at new technologies.” But what happens to an agency when the owner doesn’t carve out time to deal with technology…

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InsurTech Talk: Three Common Misconceptions of Cybersecurity

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Many insurance professionals are interested in cyber security not only for their own organizations but for their clients.  During this InsurTech Talk,  Kitty Ambers and George Robertson speak with special guest Dustin Mooney of RigidBits about the most common misconceptions surrounding cyber security including common terms that can be confusing and what compliance requirements are…

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Engaging with All Players

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Is it possible for an InsurTech to take a page from Switzerland – able to engage with any technology platform, including legacy carrier systems and competing agency management systems? Yes, says Marc Still, an investor and CEO of AVYST. The firm is dedicated to cleaning up haphazard and slow policy submissions, benefiting agents, brokers, MGAs,…

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5 Fundamentals for Leveraging Insurtech

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To take advantage of insurtech solutions that will propel your agency’s growth and success, you must know where you are today so you can plan and prioritize how you will get to the next level. One of my very favorite quotes is from Michael Jordan. He says, “The minute you get away from fundamentals —…

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3 Steps to Improve Your Own User Experience

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Our industry spends a lot of time discussing the customer experience, and rightfully so. But what about our own experiences as users? I’m convinced that if insurance professionals mindfully commit to improving their own user experience throughout the quoting-and-binding process, the industry itself would be transformed. But so often we push aside our long-term goals…

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Insurtech & Insurance: Perfect Together

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You can’t tell the players in insurtech without a scorecard. Here’s one for reference: Crunchbase’s website lists 642 insurtech firms. Their combined total equity funding is $6.1 billion. Their average founding date is April 2011. They have cool names like Pie Insurance, TheGuarantors, Premonition, and Descartes Underwriting. Investor types include accelerator, incubator, angel group, venture…

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Technology to Attract Younger Employees

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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…

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