by Collective Team | Mar 25, 2024
The global insurance market has grown remarkably in recent years. Between 2020 and 2021 alone, it grew about 13%. Looking ahead, this impressive growth should remain, with experts projecting a CAGR of 8.5% for the global commercial insurance industry through 2028....
by Collective Team | Mar 18, 2024
Outsourcing is a common business practice used across all industries. However, this business model is becoming more widely used, especially in the insurance space, helping insurers deliver quicker and better quality service while improving efficiency and productivity....
by Collective Team | Mar 13, 2024
Insurance is a unique consumer product because most people buy it but hope they never have to use it. For the most part, as long as policyholders’ premiums remain reasonable, they stay happy. But if insurers are unresponsive, tardy, or unhelpful when disaster strikes,...
by Collective Team | Mar 12, 2024
Back-office support is becoming increasingly crucial for insurance agencies of all sizes and specialties. Whether it’s compiling quote summaries, checking policies, administering commission payments, handling bank reconciliations, or generating policyholder renewal...
by Collective Team | Mar 5, 2024
When your insurance customers experience a claim, you want them to report it as soon as possible. You probably require prompt reporting because you know a timely FNOL is important to get the claim off to a strong start. But what about your customers? They want the...
