NAILBA Perspectives Fall 2020 | Page 10

ID 20 WINNERS — Q&A Dashboards Q&A from page 8 PART 3: Keying in digital solutions Perspectives asked the ID 20 award-winners for their thoughts on technology and its impact on their business today. Wickersham: The COVID-19 pandemic has changed the way we use technology more than any event since email. In January, most of us thought of video conferencing as FaceTime or Skype and today, everyone is comfortable with using Zoom or Microsoft Teams as a primary way to communicate with clients, prospects and business associates daily. We have learned as an industry that straight-throughprocessing presents a two-edged sword because it has made life much easier and at the same time has allowed for insurance companies to communicate directly with our customers without needing agents or BGAs for most of the process. Technology changes that were announced at the beginning of the year have now moved ahead at a pace that would have taken years. This will help accelerate change in the coming months and years as we become more mobile and independent in the way we conduct our businesses. Facing a virtual world Pate: Our traditional way of working with face-to-face client meetings and industry events has transitioned into a new virtual world that allows us to all stay connected and continue to move forward as an industry. For CLTC, technology has allowed us to expand the delivery methods of our designation training. Given the current environment, we see the need to offer different delivery methods to best meet the needs of the market. We are now using in-person training delivered live, online with an instructor, as well as virtual classrooms with Zoom webinar technology, allowing for education at one’s own pace. Haney: You can get to know your audience in significant ways before you ever meet face-to-face due to the technology. We can now be more equipped to deliver personalized value, and have engaging virtual conversations to spark interest and quickly raise our brand awareness to new heights not previously possible. It is offering us an easier and more convenient delivery solution to the consumer. Reaching above and beyond Orestis: Technology and the internet provide the ability to amplify communications and educate through websites, social media and email. It makes sharing published articles and papers easier, as well as training and support agent/advisor distribution partners. Shelow: Since face-to-face meetings have ceased for the time being, this has greatly impacted the way our BGA partners work with advisors and producers. Communication around underwriting and product changes due to the pandemic has been critical during this time and has required our BGAs to utilize technology to have virtual meetings for communication. There has been a large amount of creativity with technology; we have held virtual conferences with virtual breakout rooms and interactive features. We have seen great proactivity in BGA, advisor and producer communications as well as an increased proficiency in electronic processing of our business using technology. Verbos: Technology is great if we’re open to adopting it as a tool to improve our processes. 10 Perspectives Q3 2020