https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/476/Imaging-A-Powerful-Tool-To-Increase-Productivity/
... easy access to account files. Agency personnel often spend time looking for files, seeking misplaced documents, and retrieving files from archives. Agencies with branch offices often maintain duplicate sets of files or periodically make copies of files (We've all heard the story of the producer with the file in the trunk of his car) . Imaging allows access to files from all locations, reducing maintenance work and slashing storage space. Customer information. All customer information that can't be stored in the paper file can be scanned for retrieval if needed. Examples would include all policies, endorsements, correspondence, copies of policies from carrier Web sites, non-standard forms, surveys, etc. Accounting. Although accounting departments have long been automated, they still maintain paper files and spend time copying and retrieving information. With scanning ... . Start small, especially if you have no experience with imaging. Target one department and test imaging there before moving to another department. As an agency adopts imaging, there always will be a cultural impact on the user; so be prepared for resistance. Involving your staff early on to gain their buy-in and working together to address problems will go a long way to helping your employees make the transition to a more effective system. Sharon Cunningham is president of Cunningham Consulting, a management consulting firm that specializes in the insurance industry. Cunningham serves as the Financial/Accounting Key Consultant for IMMS.com. She can be reached at Cunningham Consulting, 25 Macintosh Lane, Glastonbury, CT 06033, (860) 682-3250, e-mail [email protected] , or visit www.cunninghamconsulting.biz . Login or Register (for ...
https://completemarkets.com/Article/article-post/2008/TRANSACTIONAL-FILING-TAKING-THE-PLUNGE/
...ystems allow for almost unlimited storage and retrieval of past policy/coverag...ches that can reap the benefits from using this information. Transactional filing offers one such response.
https://completemarkets.com/Article/article-post/2352/Crisis-Management-Plan-Crisis-Impact-Considerations/
...acturing curtailed due to lack of storage space in the various manufacturing f... a company's ability to conduct its business. It is essential for ever business operating in a regulated field to have a system in place to assess the business's on-going exposure to such regulations and to...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/235/E-O-Claims-Training-Remediation-After-The-Error-Or-Omission/
... to happen, because it's almost impossible for a paper file and its computer counterpart to be identical at any given time. An agency that still uses a dual file system probably won't be around much longer. As expenses rise, commissions drop and carriers are forced to cut expenses. You need to use your resources to their utmost and eliminate redundant activity. Scanning, or imaging technology, and computer storage capacity have improved dramatically while costs have dropped, making this technology very practical for an agency. There are long-term benefits in improved productivity and space savings. Scanning lets you finally eliminate paper client files. Even if you do so and go to transactional filing (TF), you'll be able to scan many original documents into your system and put the remainder into transactional files. TF is good ... company service center, find out whether it's possible to arrange to transfer calls directly to the company's 800 number. If you had to go to court today on an E&O matter, it's very unlikely that you'd use a combination of paper files and computer system files. It would be one or the other - so if you still use paper files along with system files, you need to transition to system files only. That's an agency planning agenda item. A dual filing system is an E&O just waiting to happen, because it's almost impossible for a paper file and its computer counterpart to be identical at any given time. An agency that still uses a dual file system probably won't be around much longer. As expenses rise, commissions drop and carriers are forced to cut ...
https://completemarkets.com/Article/article-post/2026/HOW-TO-BUY-SELL-MERGE-OR-PERPETUATE-PART-VII/
...re business, even though only its storage area was used in violation of this law. The courts have also determined that the criminal forfeiture provisions of RICO are man... PLLC (Bellevue, WA), offers expertise in the legal aspects of agency evaluation, purchase, mergers, and business succession planning. You can reach him at (866) 498-000...