We recently conducted research on the future of independent agents and learned 75% of agents believe that investment in technology is critical to their survival. Have you been giving your team the technology tools they need to succeed?
Insurtech solutions key to customer success and increased profitability
March 11, 2021 | By: Bindable
Quoting and binding policies with insurtech solutions makes it easy for clients and prospects to do business with you. It also helps your brand build loyalty and profits.
Bindable announces partnership with PayneWest Insurance
November 6, 2020 | By: Bindable
Bindable is pleased to announce a new partnership with PayneWest Insurance. PayneWest Insurance is a top-40, nationally ranked insurance agency based in the Northwest.
Leverage brand strength to drive revenue with insurance for affinity groups
August 12, 2020 | By: Bindable
When it comes to choosing a product or service, your customers ultimately want convenience, relevance, choice, and most importantly, a trusted brand like yours. Building that trust goes beyond simply providing the products they need; your customers also want a brand they can feel invested in.
The story of Policy Crusher® : Bindable’s insurance software solution
June 8, 2020 | By: Bindable
In 2016, we set a goal to expand our Affinity partnerships. We were looking to create a tool to make it easier for our agents to manage and support our growing list of affinity groups.
We looked at how we could make our existing processes more efficient. At that time, our agents were logging into call center software, a customer management system, and our rater and agency management system. This became a 13-step process to quote and bind a customer in order to maintain the branded experience for our affinity groups - and that’s not counting the extra steps agents needed to take to actually obtain affinity rates.
Improve customer retention with cross-selling
May 15, 2020 | By: Bindable
While many insurance agencies are focused on obtaining new customers, it’s no secret that customer retention is crucial to a business’ continued success. Studies show that increasing your customer retention rates by just 5% can net anywhere from 25% to 95% more profits. Meanwhile, it’s a common refrain in sales that attracting a new customer costs 5 times more than retaining an existing one.
Embracing the digital transformation in the insurance industry
April 28, 2020 | By: Bindable
Historically, the insurance industry isn’t exactly known for embracing new technology. It’s been riddled with old technologies, siloed processes, complicated custom workarounds, and legacy mindsets. Recently, however, this slow-to-adapt culture has finally come around to the digital transformation.
Transitioning to remote work: A case study
April 14, 2020 | By: Bindable
The number of people working remotely has been rising steadily in recent years. Between long commutes and an effort to achieve work-life balance, more and more companies are making the transition to allow (and in some cases, encourage) employees to work from home, either part- or full-time.