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- Corporate News
For 13th Consecutive Year, ReSource Pro Named One of America’s Fastest-Growing Private Companies on Inc. Magazine’s Inc. 5000 List
By ReSource Pro
Whether we are moving toward a post-pandemic era in the U.S. is debatable, but what seems clear is that tech-related plans are moving ahead full steam. So, what does the big picture look like?
New research by ReSource Pro Consulting has found that while familiar distribution trends continue, carriers are also beginning to experiment more with new strategies, such as expanding partnerships with affinity groups. In this article, we’ll share some of our key findings.
- Acquisitions, Corporate News
ReSource Pro is excited to announce the acquisition of Insurance Licensing Services of America (ILSA) and Spot On Insurance (SOI), ILSA’s top rated insurance podcast.
By ReSource Pro
There are three “buckets” that factor into how insurance premiums are developed: frequency losses, severity, and insurance company expenses.
Most insurance agents are unaware of cognitive biases. Let us break down each of these biases and explore how agents can overcome them during the sales process.
Many insurers are not prepared in the event of a crisis. When claims spike, carriers face increased risk of error, customer dissatisfaction, and even litigation. Secure your businesses continuity by considering these three new solutions to claims processing.
Business Process Management for Insurance Carriers As market conditions tighten and submission volumes surge, insurance carriers face mounting pressure to respond quickly without overwhelming underwriting teams. This challenge is especially acute in surplus and excess (S&E) markets, where disciplined appetite management and broker responsiveness are essential to profitability.
ReSource Pro’s Scott Lorenzen reveals three common reasons why carriers fail to keep up with claims in the aftermath of a catastrophe and how to develop a faster, better approach to catastrophe claims processing.
In our work with insurance agencies, we often hear that producers are good at planning but sometimes have difficulty following through. To help producers stay focused, we’ve developed the “Focus Formula,” a simple equation to enhance success.
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