The wholesale insurance distribution model is due for an upgrade. Many insurers, wholesalers, and financial advisers operate in silos where targets and incentives don’t align, and technology and automation are not fully integrated into the distribution model. As a result, profitability is declining.
So how can insurers reverse this shortfall? By implementing eight levers used by leading distribution organizations, insurance carriers can improve the management and operation of their wholesalers, resulting in increased sales and lower costs.
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