How Digitalization Can Reduce Costs for Agencies By Anamaria Cifuentes ePayPolicy
The world of insurance is incredibly traditional. At times, this is a good thing. Independent agencies believe in the personal touch, forging deep, lasting relationships with clients. But, in other ways, relying on what’s tried and true is a hindrance, especially when it involves a lack of digitalization. Many independent agencies are slow to incorporate new technologies. While you don’t necessarily need to embrace every emerging solution that arrives, a lack of digitalization can hold you back. Not only can it cause you to spend more than you need to; it can also mean missing out on revenueboosting opportunities. If you are wondering how digitalization can reduce costs and increase revenue, here’s what you need to know.