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Correll Insurance Group is proud to congratulate South Carolina Department of Insurance Director Ray Farmer on his recent election to the position of president of the National Association of Insurance Commissioners (NAIC). Director Farmer assumed the position on Jan. 1.
Selecting the right insurance carrier and coverage can be a difficult process. With so many carriers — many of which spend millions of dollars on memorably quirky ad campaigns — just picking one and then going online to buy a policy can be appealing. However, independent agents are insurance experts with a wealth of resources at their fingertips and can save you time and money when searching for an insurance policy.
Insurance agency owners and industry leaders often identify hiring/workforce concerns at or near the top of the list of challenges facing the industry. Big "I" Hires was launched last year as a hiring and talent development platform designed specifically for independent insurance agencies.
While technology certainly provides opportunities to improve customer satisfaction and increase business efficiency, it also presents serious challenges for independent insurance agencies. Preventing a data breach and safeguarding private data has become an essential part of the insurance industry. Read more to learn how independent insurance agencies are impacted by evolving technology and data security concerns.