The Benekiva Connects Podcast

The Importance of Data in Insurance


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Unlocking the secrets of insurance data - tune in to this week's episode of Benekiva Connects Podcast, where host Ashley Oxholm explores with Ryan Deeds from Ennabl what you need to know about utilizing agency data for success.

Data is a powerful tool for insurance agencies when it comes to finding and recruiting quality workers, who have high expectations of their work environment. Data strategies can help drive employee engagement and provide more transparency around policies such as screen time expectations for children/youths. 

Ryan points out that while technology investments and solutions such as Ennabl are important, it will take more than that to ensure success. He suggests that insurance agencies develop an innovation roadmap with buy-in from the employees, determine success metrics after 6 months, and communicate those expectations prior to implementation - all of which make change management during the process easier. 

Data strategies don't just stop there though; Ryan also notes the importance of creating synergy between carriers and insurance agencies in order to create an effective data strategy that works for everyone.

Other subjects we covered on the show:
  • We get to know a little about Ryan’s interesting background and a short story on how he got into the insurance space. 
  • Ryan shared his thoughts about the major pain points of the insurance industry today.
  • He also emphasizes the importance of mid-market agencies remaining independent, as they are driving forward real innovation.
  • Then, he suggests that agencies should focus on client experience and be able to articulate their value proposition in order to remain competitive.
  • Lastly, Ryan recommends taking one or two initiatives a year and buckling down on them instead of getting sidetracked.

AND MORE TOPICS COVERED IN THE FULL INTERVIEW!!! You can check that out and subscribe at [www.LinkToFullInterview.com/url].

If you want to know more about Ryan Deeds, you may reach out to him at:

  • Website: https://www.ennabl.com/ 
  • LinkedIn: https://www.linkedin.com/in/ryancdeeds/

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The Benekiva Connects PodcastBy Benekiva