May 13, 2016

How Insurance Agents Can Grab Massive Earning Potential

It’s every insurance agent’s dream to help your clients boost compliance, save time, and improve internal processes. By achieving each of these, you are at a competitive advantage over others that may be fighting for your insureds’ business. After all, insurance has become a cutthroat industry where insureds, unfortunately, have little loyalty. However, the situation can be different if you offer unique services and add incredible value to those organizations that have many needs outside of just cutting internal costs. Rather than getting caught up in the never ending cycle of pricing or quote wars, take a different approach and grab massive earning potential along the way.

Offer High Value Services That Your Competition Doesn’t

You know that many of your insureds have to deal with the tedious process of vetting each and every one of their contractors and vendors for compliance. The process can be fraught with errors and is incredibly time consuming for them, not to mention costly. Because of this, many organizations are beginning to ask if certificate tracking is available as part of an agency’s services. Offering these services can create a significant opportunity for your agency to expand revenue while also increasing client satisfaction.

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 Certificate Tracking Services By Using myCOI Central, Certificate Tracking Software for Agencies

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? Simply choose to create revenue by reselling the myCOI Central solution to insureds at the price tag you deem appropriate, or use the software as your tool to provide compliance review services to your insured, 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? Request a product demo or sign up for our newsletter to stay in the know.

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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.