Agency Intelligence

The Jenkins Perspective: Insurance's New Era

Informações:

Sinopsis

In this episode of Agency Intelligence podcast, host Jason Cass interviews James Jenkins, Founder & CEO of RiskWell. Episode Highlights: James shares his insight about the state of the insurance industry, including carriers, vendors, agents, and technology. (8:35) James discusses the affordability crisis in homeowner's insurance and the need for carriers and agents to respond to it by raising deductibles and segmenting coverage, while also disclosing to clients what they are doing. (13:36) James mentions that the affordability crisis is a common issue, and addressing it is crucial for the industry’s success. (16:38) James believes that generative AI, a combination of AI and robotic process automation, has gained mainstream interest in the insurance industry due to its ability to generate new content and data, potentially revolutionizing the insurance industry. (24:40) Jason discusses the importance of margins for agencies and how AI can help agencies reduce payroll expenses and gain a competitive ad