By partnering with Varicent, we’ve taken it to the next level for insurance carriers who don’t want to sacrifice their compliance responsibilities while still trying to be the best possible partners with any producers selling their products.
It’s tempting to think the only cost you face is the one for adopting a new technology solution. But what seems like a good and cost-effective method now is actually costing you more than you realize.
The insurance industry has long run largely on what’s known as unstructured data: a combination of paper files and miscellaneous electronic formats – from floppy disks to spreadsheets to that overflowing folder on your computer’s desktop. The future, however, is in structured data.
At home, the IoT looks like the ability to turn off and on lights with your voice, or have your thermostat adjust itself based on whether someone is in the house or not. These conveniences are just small-scale examples of the IoT. At a larger scale, the IoT can reduce very real risks in production and manufacturing, two industries where risk management is preferable to loss reimbursement.
Denver Business Journal recognized AgentSync in their Best Places to Work rankings. AgentSync was the #2 employer in the Large Category. Read more >>
The majority of states require agencies to also have a license that is separate and distinct from your DRLP. So, once you’ve changed your EIN, you’ll want to re-apply for an agency license in your resident state or designated home state.
Managing producer compliance is one thing, but automating your compliance management is something else entirely. If you’ve got a compliance management process that doesn’t include automation, here are a few reasons to consider taking the next step.
