As property-casualty insurance agencies are seeing margins shrink and competition intensify, it is often technology that makes the difference when it comes to speeding up processes and realizing the kinds of efficiencies that make a significant contribution to the bottom line.
However, finding and implementing the best technology for an agency is a task easier talked about than accomplished. Meanwhile, agencies cannot act alone, but must work with their carriers–not all of which make their jobs easy from an operational or technological standpoint.
As with any other best practice, some agencies have done an exemplary job of leveraging technologies to sustain and grow their operations, and it was these agencies that National Underwriter sought to recognize when it created the "P&C Agency Technology Achievement Award," in partnership with ACORD.
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