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We all know how valuable cross-selling is to independent agencies. Numbers I have read suggest profit margins on the second sale are two-to-three times higher than the first sale and retention is 60 percent higher. Yet the average number of policies per customer has not changed in independent agencies in 20 years.Recommended Stories
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Best Practices for Insurance Claims Adjusters: How to Write a Great Reservation of Rights Letter
Don’t let legal risks or communication breakdowns cost you. This white paper offers practical tips and expert advice to help insurance adjusters craft clear, effective Reservation of Rights (ROR) letters that protect your company and maintain strong relationships with policyholders.
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Loss Control as a Competitive Advantage
Discover how leading insurers are transforming their business and increasing profitability through effective loss control, adding significant value, and leveraging it as a serious competitive advantage.
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APIs: The New Game Changer for Commercial Auto Carriers
APIs offer auto carriers significant advantages in efficiency, customization, and speed. This white paper explores what they are and how they help streamline operations, enhance customer experiences, and stay competitive.
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