Tag: risk-management

More than one in eight insurance agencies faces an E&O claim annually, with average costs hitting $40,000 per claim. The culprit is not complex coverage disputes - it is simple administrative errors that automation eliminates.

Agencies positioning as trusted advisors see 91-95% client retention versus 67% for transactional agents. The difference is not better rates - it is providing risk management value that goes beyond the premium quote.