be Cutting Edge - April 2020

April 2020

A Newsletter Committed to Independent Insurance Agents Success & Engagement

Exclusive MIIAB Benefit

As a result of the COVID-19 pandemic, independent insurance agencies, along with everyone else, are having to re-evaluate their agency’s business plan. They’re trying to figure out how to adapt to the new world and what it means for their marketing, sales and service strategies. In some instances, new business sales have ground to a virtual halt and there are growing concerns that renewal premiums will be adversely impacted as well. What should independent agencies do to respond? Utilizing digital tools and technologies to succeed in a bricks and clicks marketplace is essential, but what makes sense for your agency?

Thursday April 16th

10-11:30am cst.

The Independent Insurance Agents of Wisconsin, Minnesota Independent Insurance Agents & Brokers Association and DAIS will be holding a virtual event on How to Become a Digital Agency on Thursday, April 16, 2020 from 10-11:30am cst.

Join us for a firsthand look at digital tools and resources your agency can use to increase efficiencies, effectively communicate with your employees, maintain and nurture your client relationships, mitigate your E&O exposure, and finally, setup and create your own digital agency storefront-at no additional charge for our members.

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Major disruptions in the business world began last month in March and will continue for the foreseeable future. One of the biggest potential for losses rests in the area of business interruption, both on a direct and/or contingent basis. And so, the arguments to find coverage on our property forms have started.

The concept of remote working has been around for a long time. Many entrepreneurs have mastered the ability to work virtually, but it is often a major challenge for those who normally work in a busy office setting to shift to working outside their traditional office environment. Working remotely can feel more isolating than mingling with co-workers in an office setting. Being effective while you work remotely takes more than a mindset shift. It requires a disciplined approach to planning your activities and seeking out opportunities to interact with your co-workers. Here are nine practical tips you can use to make the most of this experience.

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