Showing posts with label Challenges. Show all posts
Showing posts with label Challenges. Show all posts

Friday, March 27, 2015

Challenges For Insurance Agents

The recent times there had been a overwhelming array of challenges for the insurance professionals and Denver insurance agents is no exception in that respect. The insurance scenario as a whole went through broad and deep penetrating changes and reforms, most notably the health reform in the recent years. Overriding tech curve and tech mindset is another contributing factor that has its challenges and benefits both for the average insurance agent. These emerging challenges apart Denver insurance agents today are experiencing some formidable benefits of tech interface in their day to day business activities, most notably social sharing and social platforms to stay connected to their clients. Let us discuss here some of the key challenges and opportunities faced by most insurance agents.

Health care reform


Affordable Care Act (ACA) has solely been the cause of a nightmarish condition for many insurers and professionals in health insurance sector. There was a large scale fear about the dropping of health insurance plans. The concern went on to grow robust with the announcement of one year postponement in enrolling with health insurance plans for small businesses with less than 50 employees. If this is interpreted by most insurance agents as a dreadful challenge on the flip side there is great opportunity waiting as well. Many agents ultimately went on to offer health plans that are part of ACA and in the process offered more lucrative options outside of it and as a new reality called for your professional assistance to the consumer and that is a new opportune area to rope in more business.

Social media engagement

This big horizon of untamed opportunity is often interpreted as a challenge for insurance agents as many professionals consider social sharing as too much time consuming. But that is just a partial view of the whole problem. With increased and diversified social media publishing and contents agents and brokers can enhance the customer engagement to a new level and continue to propel their growth. This is a fact that is already exemplified by a great number of successful Denver insurance agents.

Getting online access

Most customers just do not possess the intricate knowledge of insurance rules and detailed financial aspects in relation to them. Nowadays with the proliferation of web they are turning to online forums, services and professional help to be knowledgeable about these. This often results in confusion and disbelief on the motives of the individual agents. You can only interpret this as a hefty challenge blocking your business growth if you have not been sincerely focused in making your customers aware of their position, rights and scopes. There are a great number of insurance agents who are continuing to thrive in customer loyalty and business volume simply by helping customers being aware and knowledgeable and often they seek and prescribe online help to do that.

The quicker, faster and encompassing tech scene is taking over everything in our life and this often is being dreaded by professionals less equipped and trained in these new demands and skills. But from the perspective of a growth focused professionals.