E&S Joint Working Group Logo




Improving Efficiencies for Retail Agents

The Independent Agents & Brokers of America’s Agents Council for Technology (ACT), the American, Association of Managing General Agents (AAMGA) and the National Association of Professional, Surplus Lines Offices (NAPSLO) and ACORD formed a joint initiative to improve the efficiencies for Retail Agents (RAs) interacting with managing General Agents (GAs) and wholesale brokers in the Excess & Surplus (E&S) market and to promote the electronic exchange of data between the partners.

Best Practice Workflows in the E&S Industry & the Critical Role that Standards Play (Recorded Webinar)

This session is designed for retail agents, general agents and E&S and specialty carriers. It will identify the “best practice” workflows that retail agents would like to see from their general agents and wholesalers within the next 12 months and 12-24 months from now. The webinar will review the efforts underway to standardize the reporting that coverholders must provide to their London brokers and how the E&S carriers are developing standards customized by ACORD for the E&S industry to automate general agent quoting with multiple carriers. The webinar also will focus on how retail agents, general agents and E&S and specialty carriers can get involved to promote and implement these efficiency enhancing measures more broadly in the E&S industry.  More

HEADLINES

> Top Improvements for Retail Agent - GA Workflows in the E&S Industry

> Agency Real-Time "Best Practice" Workflows & Implementation Strategies--Guidance for Carriers & Vendors

PARTNERS



+ Encourage your Wholesalers/General Agents to accept ACORD standard applications and avoid using proprietary websites to re-key information that already exists within the agency system.


+ Implement the GA Website Roadmap to prepare your systems to be able to accept Realtime interfaces and encourage your E&S Carriers to accept ACORD standard applications and electronic interfaces.


+ Help your agents sell more policies by accepting ACORD standard data and implementing Realtime electronic interfaces to avoid the need to re-key data and explore all opportunities for enhanced workflows.


+ Educate members on the benefits of using standards and electronic interfaces and encourage all partners to implement E&S JWG recommendations and the latest system and forms updates.