Bothell, WA (PRWEB) September 10, 2013
Vertafore (http://www.vertafore.com), the leading provider of software that transforms the business of insurance, has released key findings from its “The Way You Work Today” survey in the 2013 Vertafore Executive Report.
The findings reinforce a similar theme Vertafore found at the 2013 NetVU conference, that technology is vital to an insurance agency’s growth. The survey suggests that the process for monitoring employee workloads will become increasingly challenging without the right technology in place. Particularly as agencies increase in size, without role-based processing they are leaving money on the table:
“The biggest savings we’ve seen by implementing role-based processing with WorkSmart are in soft dollars, because our people are doing the work that best fits their role. Over time I believe we will see savings of $350,000 through the efficiencies that we will gain and $500,000 in organic revenue growth through increased cross-selling opportunities, developing new business relationships and reduction in rework,” Ann Young, Director of Finance and Operations, Ag States Group.
WorkSmart tools that help facilitate role-based processing include:
For more information about the WorkSmart solution or to access the Role-Based Processing Executive Report, click here.
WorkSmart is part of the new Vertafore Agency Platform™, the only comprehensive cloud-based solution that provides the capabilities insurance agencies need to simplify transactions, retain clients, and stand out from the competition.
Today’s leading agencies are moving beyond agency management systems embracing new tools and technologies to help them grow their businesses. Learn more here: http://www.vertafore.com/sitecore/content/more-than-a-management-system.
Notes to editors:
The survey of 2,151 insurance professionals was conducted through an online survey by Vertafore in December 2012. The survey includes responses from Vertafore customers and prospects. Rockbridge Associates, Inc. tabulated the data and prepared this backgrounder.
The margin-of-error for this survey is +/- 2 percentage points for numbers based on the entire sample.
Vertafore delivers software and services that transform the business of insurance. Unique to the industry, more than 20,000 customers rely on Vertafore to provide integrated technology that connects the entire industry with the most complete source of solutions—agency management, rating and connectivity, content management and workflow, information solutions and producer lifecycle management—so their businesses run better and are more profitable. For more information about Vertafore, please visit http://www.vertafore.com.