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' The mid to large commercial lines segment has worked extensively to evolve the distribution ecosystem through new partnerships and expansion strategies. However, according to new ReSource Pro Consulting research, not all solutions meet the expectations of carrier executives today.
As insurers continue their transformations, they should also explore other pathways that will enable them to evolve into a carrier of choice, stay competitive, and pursue growth; business process management is one solution that can help.
' ' In this episode, we discuss impactful strategies for developing talent, maintaining culture amid the shift to remote work, and providing employees with the skills necessary to effectively collaborate.

The Next Era: Transforming Middle-Market and Large Commercial Lines Underwriting Commercial lines underwriting is entering a defining period of transformation. Accelerating technological change, shifting workforce dynamics, evolving customer expectations, and increasing risk complexity are fundamentally reshaping how underwriters operate. The Next Era: Transforming Middle-Market and Large Commercial Lines

With over fifty different limited lines of authority on offer in various states, it would seem to be the most unlimited type of insurance. It’s actually very simple; limited lines allow licensees to sell only more narrowly defined insurance products.
Big data is ever-growing and always changing. By bringing all the data that matters into a unified, organized, and accurate source of truth, companies can unlock meaningful insights from the data that they are collecting.

In SMA’s new eBook, “Personal Lines Underwriting Transformation: The New Age of Data,” Deb Smallwood expands on the current state of underwriting transformation and the path forward for the personal lines segment. The eBook highlights factors influencing change within underwriting, the progress the industry has made, the investments

By ReSource Pro

With valuations continuing to rise, insurance businesses looking to expand through mergers and acquisitions are increasingly turning to a different strategy: the producer lift-out. By hiring away top talent, a competitor can realize a far greater ROI than they can with conventional M&A activity. A
Personal lines insurance rarely sticks with the status quo for long. Societal forces, such as the pandemic and inflation, paired with ongoing changes across the industry, are pressing insurers to reevaluate their business priorities, strategies, and investments, including their channel expansion plans for 2023 and beyond.
In a survey we conducted this year, we found that not knowing where to begin was greatest barrier. Discover more of our findings in our latest blog.

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