Insurance carriers have paid commission and bonus dollars to internal and external distribution channels from day one of operation. Current market pressures and increased competition are adding further strains on older systems, putting many companies in the position of paying too much and getting too little.
Learn how replacing your old, inflexible system with a modern, fully functional commission and incentive compensation system delivers ROI through both cost avoidance and revenue enhancement.
Apply today for your free three-month trial subscription to Business Insurance Europe, a biweekly newspaper focused on trends and issues of interest to corporate risk managers and insurance buyers as well as senior insurance and reinsurance executives throughout Europe.
This Contact Center Strategy Guide introduces the six essential strategies contact centers in the insurance servcies industry must adopt to advance from basic cross-selling activities to the level of “dynamic” cross-selling and realize the cost efficiencies and revenue benefits such a change can deliver.
Restoration & Remediation magazine is a unique, all-inclusive resource for reaching professionals engaged in water damage and structural drying; fire and smoke damage; contaminant and pollutant abatement, mitigation and remediation; reconstruction; disaster response; and more.
Restoration & Remediation's editorial lineup includes well-known experts like Jim Holland, Cliff Zlotnik, Barb Jackson, David Dybdahl, and others, addressing contents restoration facilities; themography; proper CPL coverage; litigation concerns; standards, and other issues front-and-center in the industry today.
An underperforming commission system can be a huge financial drain for an insurance carrier. Overpayment rates are estimated to range from 2% to 8%, resulting in a loss of $20, 000 to $80, 000 for every million dollars in commissions paid.
Use these 9 indicators to know if it's time to replace your commission system.
In key financial-services sectors like brokerage, banking, and insurance, regulatory pressures and competition are rising while customers are crying for personalized service. For many organizations, process management is key to customer retention, compliance, and efficiency—but it must be done right, by giving employees closest to these processes the power to find bottlenecks and recommend improvements.
See how Fortune 1000 companies across the financial-services spectrum are benefiting from this people-centric approach.
If you qualify, you'll receive a free, 3 month trial subscription to Business Insurance, the trusted voice of the commercial insurance marketplace.
Readers depend on Business Insurance for news coverage of risk management and risk financing, employee benefits management, workers comp and rehabilitation, commercial insurance and reinsurance, major commercial insurance claim settlements, as well as legal, legislative and regulatory developments.
Managed Care On-Line (MCOL) delivers daily managed care & health management business information via a package of valuable e-newsletters and a subscriber-only web site.
MCOL's e-newsletters include managed care and health management career info, conference listings, factoids, monthly news summaries, how-to abstracts and the HealthExecWire. Your subscription also includes access to the subscriber-only web site, with a wide variety of online news, data, and tools.
Visit TradePub.com at eComXpo for FREE! We will be exhibiting at eComXpo, the online virtual trade show for eCommerce Marketers, April 4-6, 2006. eComXpo features all the benefits of a top traditional tradeshow without the cost, travel or hassle associated with traditional events.
Why should you attend?
Three new white papers from SSA Global offer marketing insights for the financial, manufacturing, and insurance industries.
In Financial Services Case Study: HSBC® Mexico, learn how HSBC Mexico - one of the fastest growing financial institutions in Mexico - has achieved dramatic results by integrating outbound marketing technology from SSA into its CRM processes, growing customer retention rates from 77 to 90 percent and generating 23, 000 new accounts worth a total of $55 million, despite a volatile national economy.
Becoming demand-driven can significantly improve revenues and profits. This AMR Research Report, The Handbook for Becoming Demand-Driven, provides an in-depth outline of the essential strategies to employ in making this fundamental shift in the way business is done. Discover three critical strategies and 11 specific tactics for letting the channel drive fulfillment, examine three hidden pitfalls to avoid, and learn which components of the Demand-Driven Supply Network strategy to emphasize based on your industry.
Inbound marketing—during customer-initiated interactions on the Web, in call centers, and at stores—can help build trust, relationships, information, and sales. Inbound Marketing Goes Mainstream, a Forrester Research report, surveys inbound marketing trends and recommends relevant best practices.
Written for top-level insurance technology and business professionals, TechDecisions for Insurance:
As business and IT managers assess strategies for the service-oriented architecture (SOA), it is crucial to recognize the role that data integration plays in enabling an SOA to deliver on its potential.
This white paper examines how an enterprise data integration platform enriches a service oriented architecture—and how an SOA provides an ideal framework for data integration technology. After reading this white paper, you'll understand:
In this WebEx white paper, Impacting Business with Online Training, you will learn how multiple financial services organizations have rapidly and effectively trained a globally dispersed audience and gain insight into how WebEx is helping to create an e-learning ecosystem that offers complete solutions to streamline the process of making critical business knowledge available to the right people at the right time.
Rapid product training and increasing sales revenue are immediate challenges to the financial services industry. Discover how Financial Services organizations are accelerating these business processes through web collaboration.
This white paper shows how Financial Services organizations have reported significant gains in the following areas:
NetLine's TradePub.com is exhibiting at eComXpo, a Virtual Tradeshow for eCommerce Marketers being held online Thursday through Saturday (October 6-8, 2005). If you're attending, be sure to stop by and say hello.
There's still time to register. Visit http://www.ecomxpo.com for details.
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