Relationships are a tricky thing. Both sides have needs, but unless communication is clear, one or both parties could end up unhappy.
Most of our personal relationships are more qualitative than quantitative, but in the agency-carrier relationship, it's all about the numbers–at least according to "Selecting Agencies for the Future," a recent study by the Ward Group.
The study looks at how property-casualty insurers can improve their combined ratios by as much as five percentage points by using a true statistical approach to measuring their agency force.
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.
