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141

2007 Best Practices Study | Agencies with Revenues Between $10,000,000 and $25,000,000 | Technology

Agencies with Revenues Between $10,000,000 and $25,000,000

Appendix

Insurance

Carriers

Technology

Service

Staff Info

Producer

Info

Employee

Overview

Financial

Stability

Revenues/

Expenses

Executive

Perspectives

Profile

Real Time Interface

(continued)

Via Agency Management System

% of Agencies

Number of Real-Time Inferfaces

None

30.0%

1-3

16.7%

4-6

20.0%

7-10

26.7%

11+

6.7%

Impact on

Personal Lines Functions

% Having Function

Effectiveness/Efficiency

Very Negative

Very Positive

Inquiry—Billing, Policy, Claims View/Status

100.0%

Claims Reporting

50.0%

Loss Runs

50.0%

Rate/Quote

77.8%

Policy Issue

66.7%

Endorsements

66.7%

Impact on

Commercial Lines Functions

% Having Function

Effectiveness/Efficiency

Very Negative

Very Positive

Inquiry—Billing, Policy, Claims View/Status

100.0%

Claims Reporting

55.0%

Loss Runs

85.0%

Rate/Quote

80.0%

Policy Issue

50.0%

Endorsements

65.0%