Why Insurance Agency Software is important to my business?

Let’s start with a brief description of what Insurance Agency Software is so we have a good basis for discussion.  Insurance Agency Software is a package of computer programs that help to streamline the business operations of Independent Insurance Agents and the agencies they work for.  Having a strong software package simplifies the day to day tasks around the agency and allows for focus on core business strategies.  There are many advantages to agents that work in agencies running Insurance Agency Software.

The first and most obvious is the benefit of electronic record keeping.  That file folder under your desk works great until that cup of coffee on the desk spills all over it ruining what you had stored inside.  Having all of your customer information saved in a computer programs such as a Comparative Rater, Premium Finance Program or an Agency Management System could alleviate many headaches caused by the unexpected loss of paper records.

The next point to highlight would be efficiency – helping you the agent become more productive.  Whether it is visiting multiple carrier websites or filling out multiple in house forms — any time you have to enter the same information into several sources you’re spending your time doing unnecessary tasks.  Using Insurance Agency Software automation becomes a central focus and the burden of work is transferred from you the agent onto the software that your agency is running.  QuotePro’s battery of Insurance Agency Software all use the ACORD standard for interfacing.

Another advantage is the reporting capabilities that Insurance Agency Software can offer both the agent and the agency.  Agents are able to follow their leads and track where they come from, what rating territories are “hot right now” and other sales statistics can highlight interesting sales trends.  Agencies gain the benefit of seeing which agents are selling more policies and which carriers are providing the best commission dollars.  The advanced reporting capabilities found in QuotePro’s software packages can really help to improve your close ratios with the carriers.