In the field of commercial insurance, agencies run tirelessly every day trying to gain loss runs from either the incumbent agency or from a prospect. The two keep proving themselves ineffective over and over again with no results. Time is very crucial in this domain to obtain loss runs. Agencies quote prospects in huge numbers in a soft market. They run a great risk of being “blocked out” by the underwriter, as a different agency may have gotten their loss runs, for the same prospect first. It will have an immediate effect on their bottom line in case an agency gets blocked incessantly from quoting prospects, because of time restraints.
Outsourcing the trouble of receiving loss runs to Keoch IT Solutions’ industry experts can help you free up time to quote more processes, and get to the underwriter’s desk before anyone else.