Baby boomers could be leaving trillions of dollars to their kids and grandkids over the next 20 years. What would that mean for insurance companies and agents?

Jenn Knight, CTO and co-founder of AgentSync, shares strategy and discusses tactical tips for successfully scaling a SaaS company.

If there’s one thing your insurance business can do to improve both employee and client satisfaction, it’s finding a way to cut down delays and lag times in your internal and client-facing processes. More often than not, it's technology.

Insurance agencies report lengthy producer onboarding periods — 30 days or more! But how much does slow producer onboarding cost? It depends on how much money the producer could make — and how long it takes before they can start selling.

Medicare open enrollment season is all about enrolling in Medicare Advantage plans and Medicare Part D, which – unlike original Medicare – are sold by private insurers. But why do producers need to pay attention to Medicare open enrollment?

When done right, open enrollment season is the opportunity for insurance companies — carriers, agencies, and MGAs — to prove they’re a well-oiled machine, gain clout with producers, and help Medicare beneficiaries live their very best lives.

Nearly 63 million people enrolled in Medicare in 2021. If you’re an insurance producer, agency, carrier, or MGA/MGU responsible for enrolling Medicare beneficiaries, open enrollment season is an opportunity to help consumers.

Insurance producer licensing, appointments, and agency rules vary across states and the variations make it difficult to do business with any predictability – let AgentSync’s 50 State Summary Table make it easier.

If you look around at your agency, MGA, or carrier processes for compliance, contracting, and other manual old-school processes and think, “I’m over it,” then this one’s for you.

The word-jumble that constitutes the insurance industry often includes businesses with nebulous roles and frustratingly vague descriptions – consider FMOs, IMOs, and NMOs, or aggregators, or MGAs, or brokerages.

People often think change is expensive. But what about the cost of staying the same? When your insurance business doesn’t invest in process improvements, modern technology, and automation, you run the risk of paying the price in the long run.

The Health Insurance Portability and Accountability Act of 1996 (HIPAA) may be one of the most commonly referenced health insurance laws. Learn a bit more about what it is, what it does (and doesn’t do), and how it impacts the insurance industry. 

Your internal teams and stakeholders as well as your external partners can all benefit from insurance tools like compliance management systems, contracting management solutions, and other carrier or agency management software.  

State by state variations of laws, compliance protocols, industry transparency, and general regulatory cultures is a little bit like herding cats. So, what better way to wrangle some of the more localized insurance news than in a Regulatory Roundup?