AgentSync’s Post

Rethink your compliance for a stronger business! AgentSync is teaming up with National Association of Mutual Insurance Companies (NAMIC) once again for their Compliance Webinar Series. Join our very own Solutions Architect Sandy Allen at 2 p.m. ET on Aug. 21, 2024, and learn how a mindset shift can help: ✔️Unlock your data for clearer insights into your distribution ✔️Clarify which producers are vital to your growth ✔️Reduce your redundancies and supercharge efficiency For NAMIC members, mark your calendars and signup at membership@namic.org. #NAMIC #Compliance

Rethink your compliance for a stronger business! AgentSync is teaming up with National Association of Mutual Insurance Companies (NAMIC) once again for their Compliance Webinar Series. Join our very own Solutions Architect Sandy Allen at 2 p.m. ET on Aug. 21, 2024, and learn how a mindset shift can help: ✔️Unlock your data for clearer insights into your distribution ✔️Clarify which producers are vital to your growth ✔️Reduce your redundancies and supercharge efficiency For NAMIC members, mark your calendars and signup at membership@namic.org. #NAMIC #Compliance

Collaboration is key in the insurance sector. Let's explore the power of strategic partnerships and collaborations. Do you currently collaborate with TPA's like VSNI? How have collaborations elevated your organization? #InsuranceCollaboration #StrategicPartnerships #CollaborativeSuccess

New entrants often find it daunting to understand and follow the complex rules and standards set by regulatory bodies in the #insurance industry. Failure to comply can lead to serious consequences. Some solutions to consider include: Legal Guidance: Hire legal experts specializing in insurance regulations. They help interpret complex rules and ensure your operations stay within legal boundaries. Build Relationships: Establish strong ties with regulatory bodies. Regular communication fosters understanding and provides insights into upcoming changes. Stay Updated: Monitor industry regulations continuously. Be ready to adjust policies promptly to remain in compliance. By taking these steps, new entrants can build a solid foundation, gain trust, and effectively navigate the regulatory landscape. Optimize your insurance journey with Qixent! We’re here to assist you from idea to profit. Contact us today. #insurtech #insurance

Back by very popular demand, another fascinating Oxera Consulting LLP/BIBA training workshop with insurance brokers yesterday on delivering and evidencing fair value.   More sessions coming up soon… do reach out if interested!   Great discussion in yesterday's session, including on how insights from behavioural economics can help make customer communication more effective   Juliet Williams Reinder Van Dijk Jessie Davidson Ellis Ashley-Fenn David Sparkes Graeme Trudgill FCII, Cert Mgmt   #insurancebroker #fca #compliance #fairvalue #behaviouraleconomics

What is compliance? Compliance in the financial industry refers to adhering to laws and regulations governing financial transactions, ensuring transparency and ethical conduct. At the TC Team we understand the importance of being compliant and following regulations. Simplify compliance with InsureSuite, our all-in-one practice management system, making it easier than ever to stay up to date and focused on your success. #crmsoftware #insuresuite #teessenconsulting #financialindustry #medicalindustry #shortterminsurance #insurance #lifeinsurance #longterminsurance #contactmanagement #medicalaid #taskmanagement

They’re acting as tho they're the real deal.      But are they?     RRG’s, or Risk Retention Groups, are a type of captive insurance company, owned by its members. The Federal Government authorized their formation back in in 1986 and they’ve been around ever since.   RRG’s often focus on underserved industries and offer coverages and pricing that traditional companies can’t or won't.    They're popular in the Healthcare industry, among others.       But here’s da thing-     They ain’t all the same.      Some have assessable fees (if Carrier losses go above a certain threshold, all policy holders need to pony up), some outsource the claims handling, many aren't financially rated (e.g AM Best, Demotech, etc.), and the list goes on and on. Point is- you need a Broker that has specific knowledge of and experience with RRG's.     Questions?   Reach out.    It's what we do. (PSA for Brokers: If you work with RRG's, make sure your E&O Carrier is aware...)   #RRG #healthcare #knowledge #stonebrooksolutions

2024 has seen the FCA and PRA make an impactful start in their supervision of regulated firms. The number of live issues for GCs and Compliance Heads to be aware of is increasing by the month, and arguably the regulatory radar has never shown so much on the horizon. At our upcoming InsureInsight event, Andrew Jacobs, DWF's Head of Regulatory Consulting, will look at what is ahead and relevant to your business now and will likely be impactful in the coming months. See the full agenda and register your place: https://bit.ly/3lsBCbA #dwf #insuranceregulation #regulatoryhorizon #insurancesector #insurance

Say goodbye to the stress of manually tracking license renewals and carrier appointments! With Agenzee, you get automated tracking, timely notifications, and seamless integration with NIPR, freeing up your time to focus on what truly matters—growing your insurance business. Can't wait to streamline your compliance management? Request a free demo: https://lnkd.in/eK6G7GXE #AutomatedCompliance #InsuranceIndustry #InsuranceAgency

Transforming Specialty Lines and Excess & Surplus insurance with innovative technology. A proven core platform addresses regulatory compliance, empowering insurers to seize profitable opportunities and navigate their distinctive landscape effectively. Learn how OneShield comes in https://bit.ly/43iPOYz #SpecialtyLines #CoreSystems #technology #NicheMarkets