Sarah Byrne

From Star Trek to streamlining our agency—AI can be your secret weapon! 🚀 My dad, Brian Bartosh's journey with technology began at a young age. He convinced my Grandpa in the early 80's that Top O'​ Michigan Insurance Solutions - TOMIA247 could use automation as a way to support the efforts of the agency. "Even before PCs became ubiquitous, he recognized that there were functions that a computer could perform better and faster than a human, allowing staff members at the agency to spend more time on providing better service to clients." - The Rough Notes Company, Inc. So when I showed him the power of some new AI tools, he dove right in. This was reminiscent of scenes from Star Trek for him. It has transformed how we communicate, automate, and free up time of our team to interact directly with clients, allowing for a better client experience. Curious how AI could reshape your business too? Check out his insights below. 👇 #AIRevolution #InsurTech #AgencyInnovation #Insurance #IndependentAgency #AI

7

1 Comment

Learn more about our learnings from the recently updated Intelligent Growth study at ACORD Industry First!

1

New data from Guidewire HazardHub highlights that many U.S. states face high wildfire risks, with California, Oregon, and Colorado having the highest number of homes at risk (based on the number of homes receiving an “F” for wildfire risk). Read a news report from CBS KKTV 11 News in Colorado Springs that leverages HazardHub data and covers the state's high-risk status underscoring the need for wildfire preparedness. https://lnkd.in/gqm2FsPW HazardHub's Enhanced Wildfire Score and other detailed HazardHub data and risk scores are accessible to insurers through Guidewire’s apps, including PolicyCenter and InsuranceNow, and via the HazardHub API. Consumers interested in learning about their home’s risks can visit freehomerisk.com.

1

As challenges like climate change, cyber threats, and inflation rise, insurance must evolve. WINT shares 7 trends shaping the future of insurance and why staying ahead of these shifts is key to staying competitive. Read more here: https://ow.ly/WWOC30sIMa4

12

Cyber incidents can happen to any company, regardless of size or industry. In fact, 52% of Chubb’s reported Cyber claims in 2023 were for companies under $150m in revenue. Discover how Chubb’s holistic approach to risk management can help mitigate risks and protect your business. https://lnkd.in/eDwjCmRe

58

Give yourself a few minutes to check out this podcast with Agency Nation Radio. A great conversation on mentorship. Mentoring can be a fantastic way to bring new talent to your agency. #nationalinvestprogram #mentoring

2

It was great to sit down with Jessica Koch for the fourth and final chat in the AHOU: Association of Home Office Underwriters #Advance360 Chat Series "AI 101: Unlocking AI in the Life Insurance Industry". Members can find all Chats in their AHOU Course Library. In this chat we discuss AI terminology 101 in underwriting.

13

1 Comment

Employers who already practice or want to implement authentic and inclusive workplaces, take a read of this report. It will be time well spent.

6

Lawrence Krasner, MBA, PMI, SPIN and I have been collaborating on a series to look at how AI can be embedded in the insurance value chain and how we as leaders can create the momentum within our organization. Our second article has been published on Insurance Thought Leadership with the topic on Secret Powers Behind Super Insurance Agents with the discussion on three key ingredients. What other ingredients would you share are foundational in creating value for our customers in our industry? #solvingrealproblems #noexcuses https://lnkd.in/eJUfKpva

23

2 Comments

Extreme traffic incidents are up 7.9% since 2019 – and it's costing insurers millions. Learn how this trend could impact auto insurers and how new innovations could help you confront these challenges: https://vrsk.co/3YWmLsh #Underwriting #AutoInsurance #Insurance #Risk

6

Big I Illinois was kind enough to ask me (along with some of the cool kids like Chris Cline, Joey Bouchard, and Colby Tunick, PMP) to contribute my thoughts on "The State of InsurTech" in their June 2024 e-Insight Conversations Series. I'll drop the link to the full article in the comments but I can summarize here with two quick points: Agents should be thoughtful about their tech stack, especially as "AI" powered startups enter the industry. - In my opinion, we are due for a really dynamic period as entrepreneurs try to wrangle the power of LLMs. - I think you'll see a rapid rise in solutions powered by LLMs targeting agencies but likely an equally rapid fall as they all compete with each other (and ChatGPT). - Patrick 🍀 McBride wrote about some of the benefits he's seeing using these tools in this issue as well. Independent agents have never been more influential are the technology being built. - There are a lot of really smart folks building in this industry and we all want to hear from you, have you test drive our product, and give us feedback. - Agents can design the solutions they want and need by using this influence to guide products being built for them by getting involved with organizations like 101 Weston Labs. Check out the article and let me know what your thoughts are on the state of InsurTech! #InsurTech #Insurance #InsuranceAgents

28

1 Comment

The unexpected can strike anytime and anywhere. We’re here to help provide the missing pieces to existing coverages—and provide a more comprehensive risk management program. Learn how we can help you help your clients.

2

In his latest Medium blog post, "Is the Relationship Between Happiness and Productivity Nonlinear?", Guidewire's Rob Kelly discusses why the very happiest of workers might be about as productive as the most unhappy. Read the blog here.

1

Recent cyberattacks on hospitals highlight the urgent need for robust cyber insurance coverage. Cyber threats are evolving rapidly, and organizations across all sectors face increasing risk of data breaches, ransomware attacks, and other cyber incidents. Cyber insurance isn't just about mitigating financials losses; it's about safeguarding your client's reputation, ensuring business continuity, and protecting sensitive data. In today's digital landscape, no organization is immune to cyber threats, making cyber insurance vital. Help protect your client's business, reputation, and data. Don't wait for a breach to act. Our team can help with proper placement and risk mitigation to ensure your clients have proper coverage in place. Feel free to reach out.. [email protected]. We can help!! Candace Funsch Josh White, RPLU Travis Whitmill, MBA David Alferez Jay Horoshak Chris Badali https://lnkd.in/dQCxHtkz

52

2 Comments

After hours and during the day, how many calls did your agency miss last month? A check of your phone system reports might surprise you. Consider delegating this responsibility to Olivo, the AI virtual assistant platform, who's always there to support clients. Olivo ensures your agency is responsive to customers and keeps pace with agency growth. Transform the way you do business by delighting clients and streamlining operations at the same time. https://lnkd.in/ghTsPaNC

6

I was honored to be invited to write this article. It's fascinating how rapidly AI is transforming the insurance and risk management industries. #AI #RiskManagement #Insurance #Technology Cincinnati Business Courier

43

6 Comments

You have the highest chance of capturing new business when purchase intent is at its peak. If a prospect reaches that point and no easy way to close the deal, they might walk away. OwlSurance Quote Management helps book those deals by integrating e-sign and e-pay capabilities. #Insurtech #QuoteManagement #Quoting #PurchaseIntent

7