ReSourceful Thinking


The Sharing Economy and the Workplace

June 25, 2015 / by ReSource Pro Editorial Team

Uber, Lyft, Airbnb, HomeAway, TaskRabbit, Homejoy, Instacart, and other companies all represent what we now call a sharing economy. A sharing economy is a flexible economic network of people that share resources – such as equipment, services, and skills – with one another, often at significantly lower cost than traditional retail or employment arrangements. With…

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3 Ways Your Agency can Benefit from a Mentoring Program

June 2, 2015 / by ReSource Pro Editorial Team

Today’s workplace is comprised of four generations of employees (Silent Generation, Baby Boomers, Generation X and Millennials). You’ll find companies with twenty-year-olds working side-by-side with colleagues who may be 40 or 50 years older than them. Each generation comes to the workplace with their unique strengths, skillset and experience and can benefit from a mentoring…

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Pre-hire Assessments are Helping Companies Hire the Right People

May 26, 2015 / by ReSource Pro Editorial Team

A recent article in the Wall Street Journal highlights the increased use of pre-hire assessments among American companies. According to the article, eight of the top 10 U.S. private employers now administer pre-hire tests in their job applications for some positions. In the last 10 years or so, the use of pre-hire assessments has increased…

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4 Reasons Your Agency Needs an Intern

May 19, 2015 / by ReSource Pro Editorial Team

Summer is fast approaching Most students will be looking for ways to boost their resumes and get experience with a summer internship. If you haven’t already, your insurance agency may want to hire an intern or even start an internship program. In the short term, interns are a great way to fill in the gaps when  staff take…

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How Millennials Shop and Buy

May 12, 2015 / by ReSource Pro Editorial Team

Millennials are your next big insurance client segment, and they shop differently from the generations that preceded them. Think digital and due diligence. A Gallup study indicates insurers can make headway using five basic steps. 1. Leverage relationships—Members of older generations and other family members who have positive interaction with your insurance organization can influence…

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Military Guys Go CEO: ResourcePro CEO Dan Epstein Talks Strategy

May 7, 2015 / by ReSource Pro Editorial Team

ResourcePro CEO, Dan Epstein was a recent guest on Nation First Radio’s show, “Everyday Valor,” co-hosted by Kristin Beck and Maureen Brody.  Everyday Valor serves a network of military listeners and features normal people doing extraordinary things. In the April 10th radio segment, “Military Guys Go CEO,” Maureen interviews Dan, who served in the Israeli…

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What’s Bending the Industry in 2015

May 5, 2015 / by ReSource Pro Editorial Team

The buzzword of the year is disruptor. But if you are prepared for what is around the corner, you might find the word “first-mover” more appropriate. CCC Information Services provides 10 changes that will reshape the insurance industry in 2015. Millennials in the work force—Their work habits, benefits needs, salary demands, office culture and work/life…

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Independent Agents and Brokers Dominate Market

April 28, 2015 / by ReSource Pro Editorial Team

Independent insurance agents and brokers remain the dominant force in commercial lines and rival direct writers and captives in personal lines, according to the 2015 Market Share Study by the Independent Agents & Brokers of America (the Big “I”). The study, based on market share and company expense data from A.M. Best Company, indicates that…

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Poor Data Infrastructure Inhibits Analytics

April 22, 2015 / by ReSource Pro Editorial Team

With the increased focus on analytics in all areas of the insurance industry, property-casualty insurers are facing serious challenges in achieving their analytics goals. Information technology leaders at large P&C insurers suffer with obsolete data infrastructure that inhibits analytics and adds an average of 25% to the cost of IT projects, according to a new…

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Motivate Employees to use New Technology

April 14, 2015 / by ReSource Pro Editorial Team

To drive adoption of technology, you must understand what motivates the users and what kills buy-in, according to a posting on Property Casualty 360. According to a recent Novarica study, 51% of insurers plan to increase their technology budgets. Getting adoption rates up will be key to successful implementations. Mobile technology, cloud computing and policy…

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Insurance Agents E&O Expands to Cover Cyber Failures

March 10, 2015 / by ReSource Pro Editorial Team

Every agent is responsible for comprehensive recordkeeping as part of their professional standards of conduct, right? Cataloguing conversations and email exchanges and even text and voice messages is difficult enough, but now the threat of cyber invasion looms. We often think of data breaches as cyber risk issue, but when it comes to professions that…

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7 Things Millennial Workers Want

March 5, 2015 / by ReSource Pro Editorial Team

You’ve spent time and money recruiting, hiring and training your youngest employees. You’ve given them a good benefits package, decent pay and a job in a tough employment market. So why are 43% of employees in their 20s and 30s planning to look for a new job this year? Aon Hewitt, in its Inside the…

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A Look at Insurance 10 Years Out

March 3, 2015 / by ReSource Pro Editorial Team

When some of the best minds in the life insurance industry peer into their crystal balls, the view a decade out holds some amazing opportunities, according to a LOMA survey of industry leaders. Tune in, turn on or drop out seems to be one of the messages for the 10 years ahead. While the insurance…

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Reward, Communicate, Differentiate

February 24, 2015 / by ReSource Pro Editorial Team

Employee trust is in the pits, and worker engagement is anemic. With generational differences gaining attention and more than a third of employees overall looking around for a different job, how can an employer win? Aon Hewitt’s Inside the Employee Mindset took a look at what motivates employees and came up with some statistics that…

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The (Slight) Millennial Gender Gap

February 17, 2015 / by ReSource Pro Editorial Team

Millennial business attitudes vary slightly based on gender Millennials’ aspirations and attitudes toward skills, leadership qualities and the desirability of employment in specific industry sectors vary, but only slightly, based on the gender of the respondent, Deloitte’s 2015 Millennial Survey finds. The real gap is in how much they desire to hold the top position…

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