While commercial lines workflows and submissions can be inefficient, time-consuming, and costly for agencies to navigate, the advancement of technology has changed the game and simplified the process to make it faster and more profitable. (Credit: VideoFlow/Adobe Stock)
Over the last few years, the commercial lines market has grown steadily, and is expected to deliver even more opportunities in the future.
Despite the incredible potential of commercial lines business, many agencies tend to veer from this market because of the belief that there is inadequate data collection, lack of industry collaboration and limited carrier options. While this perspective is keeping agents from taking their businesses to the next level, there is a way to push past these challenges.
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