Producers should not expect to see discounts on their educational programs despite these tough economic times, but there are strategies they can develop to help save money while getting the most value out of any training experience.
However, the last thing an agency should do is jettison its educational initiatives just to save money, as the value training brings to an agency can far outweigh the costs, leaders in the field say.
"An agent has got to make a choice and decide what allows them to write more business," said Marvin Kelly, president and chair of the Society of Chartered Property Casualty Underwriters. "They must decide what the value of the designation is to the industry. Sometimes the decision comes down to what you can afford."
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
