Do you want to make your insurance job a little easier? It's actually not that hard to do, but you need to invest time in developing better processes up front so that you see the benefits down the road. When you're trying to make your day flow more smoothly, consider putting some of your time toward connecting with clients, automating your agency, developing strong safety processes, and sharing with others.
1. Create a Connection
Exemplary communication is one of the keys to business success. Yes, it takes time. However, it is well worth the time that you invest. For instance, spending time exploring a client's insurance policy exclusions to ensure that your client has the right coverage can help you avoid hassles that could crop up later. While you can't spend all of your time on a single client, it is worthwhile to spend a little bit of extra time explaining jargon or discussing the ins and outs of the policy with your client.
If you're the one managing the insurance agency, be a connected leader. According to Inc, "It's the philosophy that "your success is my success, and your failure is my failure" that connects leaders to their employees." Open the lines of communication and allow your employees to communicate about their needs and what they think the company needs to do to succeed.
2. Automate What You Can
Automation doesn't apply to all areas of your business; you still want to have a personal touch and connection with your clients. However, you might be surprised at how many things can be automated. For example, you could automate renewal notices for your clients or use an online system that provides automated prompts so appropriate information is included when completing forms.
The Muse suggests that you "Focus the majority of your energy on those tasks that are going to create the biggest results." Automating many of your smaller tasks helps you focus on the larger tasks that you have to do – like completing safety procedures and working to find new clients.
3. Create Safety Procedures
You can make your job easier by instituting privacy and safety procedures. These procedures could involve ensuring that you have practices that keep your business safer from cyberattacks. You also need processes to avoid data breaches. For instance, these processes could involve rules around password protection and the storage of devices and data. Putting in time now will help you avoid the headaches and potential financial liability involved in a data breach.
4. Work Together
Have you ever tried to find a product or a service on your own, only to be frustrated that finding this business service is taking a lot of time out of your day? That's why it's better to work together. When you join an insurance association like American Agents Alliance, you can take advantage of deals on services such as E&O insurance. You'll save time and you'll know you have the right product to serve your independent insurance agency.
5. Share Information
One way to make your insurance jobs easier is to share the innovations that you've come across and learn from others' innovations as well. You can do this through local networking events, online forums, and through conferences that allow you to see the latest products in the field and learn more about the changes that are happening in the insurance industry. While it might seem like a large investment of time and money to attend a conference, the information and connections that you gather there can save you a lot of money and time in the future.
At American Agents Alliance, we're here to make your insurance jobs simpler. Talk with us about our many products that can help make your day run more smoothly: products like our discounted E&O insurance for your independent insurance agency.