![]() Chances are, cutting that kind of spending will only make your culture more gloomy. If you’re examining every dollar your insurance agency, carrier, or MGA/MGU spends, don’t be distracted by the occasional office lunch or holiday party. 9 common places insurance businesses pay for what they don’t need If you’re wondering which areas these are, and how you can identify and eliminate unnecessary costs within them, we’re happy to help. ![]() Namely, where manual processes, tedious hours of staff time, and technology you purchased but haven’t effectively leveraged result in dollars down the drain. For many insurance businesses, these areas are concentrated in operational inefficiency. ![]() ![]() This is why it’s so important to look at what spending is truly unnecessary before eliminating it. But just like crash diets don’t work for people, often having the opposite of the desired effect, companies that aggressively slash staff and budgets in reaction to current economic trends may find themselves worse off in the long run. Looking for ways to save money at your insurance carrier, agency, or MGA/MGU? Who isn’t?Īs the economic outlook remains uncertain and companies grapple with how they’re going to maintain (if not grow) business in the coming years, it can seem logical to put your entire budget on a crash diet. This post is part of a series sponsored by AgentSync.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |