According to Forbes, the average office worker spends 2 and a half hours a day reading and replying to over 200 email messages. Think about that. Over a quarter of the day, your staff is being bogged down with email, texts and internal messages. Something that seems so harmless and mundane, unfortunately, can bring even […]
In a recent online survey conducted amongst insurance professionals by the team at Certificate Exchange, there were two key issues identified by participants as “their biggest challenges.” These issues were “safety and security” and “use of staff and resources.” The short survey conducted amongst 100 insurance brokers asked the question, “when transmitting Certificates of Insurance […]
As competition continues to increase in the already hypercompetitive insurance market, making your brand standout has never been more important. From a consistent look and feel across your marketing materials to a meaningful set of brand values and messages, creating a memorable and impactful brand experience at every customer touchpoint is essential. But with all […]
With over 7,000 companies operating in the US Insurance marketplace, more than $1 trillion in premiums is collected each year. According to the Federal Bureau of Investigation, the enormous size of the industry alone makes it a target ripe for fraud. In fact, the FBI estimates that the total cost of insurance fraud is more […]
According to a January 23, 2023 article from Sarah Chambers on Hubspot, entitled “14 stats that make the case for self service in 2022” the case for self service tools for customers has never been more prevalent or important. According to the article, 75% of customers want the ability to solve product or service issues […]
For the most part, Certificates of Insurance are a simple concept. They are a straightforward, non-complicated documents that merely summarize one’s insurance coverage and ultimately serves as a sort of proof that a specific entity or individual has adequate insurance coverage for a specific purpose. While simple and informational in nature, these documents have faced […]
Creating a competitive advantage in any business is always a challenge and creating one in the insurance broker space is no different. In fact, it is a challenge that every insurance brokerage faces. With so many options out there for clients to choose from, standing out in a crowded marketplace is getting harder and harder. […]
According to a recent survey from LendingTree, the insurance industry lost almost $308 billion in fraud in 2022. This included approximately $45 billion in P&C insurance fraud (Colorado State University) and $74.7 billion in life insurance fraud. According to the Federal Bureau of Investigation, these fraud numbers lead to American families paying an additional $400 […]
PRESS RELEASE: Westlake Village, CA, August 10, 2023 – (PR.com) One of the nation’s leading providers of solutions for managing and transmitting Certificates of Insurance electronically, launches a new corporate identity and website. As part of its ongoing commitment to be the leading provider for the management and transmission of Certificates of Insurance, Certificate Exchange […]
Just as there are a wide range of insurance policies and coverages, there are also a wide range of corresponding Certificates of Insurance, outlining and providing proof of those polices. Three of the most common types of Certificates of Insurance include workers’ comp insurance, liability insurance and auto liability insurance. Workers comp insurance certificates are […]