May 13, 2016

How Insurance Agents Are Grabbing Massive Earning Potential

Let’s face it: insurance has become a cutthroat industry. And clients, unfortunately, have little loyalty to their agents. 

Successful agents are putting themselves at a competitive advantage by going beyond the policies and helping their clients boost compliance, save time, and improve internal processes. By offering unique services and adding incredible value these agents are grabbing a massive earning potential, while strengthening their clients’ loyalty. 

How can you do the same? 

Offer High Value Services That Your Competition Doesn’t

So many companies are forced to deal with the tedious process of vetting and managing the compliance of each and every one of their contractors and vendors. The majority of them do so with manual processes, spreadsheets, calendar reminders, and even sticky notes. The process can be fraught with errors and is incredibly time consuming for them, not to mention costly and filled with risk. Because of this, many organizations are beginning seek out solutions to manage and track their compliance from their insurance agents.Offering these services can create a significant opportunity for your agency to expand revenue, win new business, while also increasing client satisfaction and retention.

Providing certificate tracking as part of your portfolio of offerings will help your agency stand out when competing for new insureds and can help you to raise your earning potential.

Offer High Value Certificate Tracking Services with myCOI 

myCOI Central is a cloud-based software solution that can help your agency provide significant value by offering certificate of insurance management to your insureds. myCOI’s insurance certificate tracking software protects insureds against underinsured claims, costly litigation and failed audits, all of which are beneficial to your agency and helps protect you from involvement in costly claims.

The software is an easy-to-use solution developed and supported by a team of insurance professionals and is built on a foundation of insurance industry logic to automate the certificates of insurance communication process and ensure your insureds remain protected.

Grab Massive Earning Potential

With myCOI Central, specifically built for agencies and brokerages, you can increase revenue generated without raising the cost of policies. And best yet, the process couldn’t be easier. 

How? 

  1. Create revenue by reselling the myCOI Central solution to insureds at the price tag you deem appropriate 
  2. Use the software as your tool to provide compliance review services to your insured 
  3. Refer them to us and we can be your partner in relieving them of the hassle and ensuring the compliance process is handled correctly

Ready to Learn More?

Interested in learning more or want to see myCOI in action? Register to become a myCOI partner or sign up for our newsletter to stay in the know.

Get this in your Inbox

The free myCOI Newsletter will send blog posts, industry news, and more straight to your inbox.

"*" indicates required fields

Hidden
Share on facebook
Share on google
Share on twitter
Share on linkedin

Is Your COI Process Healthy ?

How do you think your certificate of insurance tracking process stacks up?

We’ve got a quick, seven-question quiz you can take right now, free, that will help you gauge the health of your COI tracking system.