Posts Tagged ‘Insurance’

27th

Last week’s 2016 PIMA MidYear Meeting was off-the-charts good. As a returning member, I went about my business talking to people about amazing new Social Tech opportunities, which by the way got more traction than ever before by a wide margin. As promised, along the way, I asked attendees at random what their Top 2-3 Challenges are today.

WebWisedom Winner: Most Amazing Slide

Winner: Most Amazing Slide by Greg Bailey, Denim

  1. “…professional association membership decline…maybe some newer associations will help…”
  2. “…regulatory disruption…”
  3. “What is distribution going to look like? What products and services do we invest in?”
  4. “…traditional association group space is becoming tighter and more rigid…”
  5. “…AARP is a group and individual hybrid and perhaps the most successful…is there a stronger affinity and how long did it take to get there?”
  6. “Many Association Directors are not keeping up with changes in technology.”
  7. “…reluctance to reinvest in technology…legacy platforms that don’t talk to each other…working on tried-and-true margins and profit and not investing, but we could save FTE’s…” Read the rest of this entry »
18th

On a phone call with an insurance marketing industry veteran this morning, he said this:

“The Market is demanding more access and transparency. Regulators are demanding more information security and compliance. Insurance companies are struggling with adapting product and process to generational preferences and digital requirements. People will tolerate some level of off-line completion in the process, via email or phone, as long as it’s efficient and streamlined and non-repetitive providing a good user experience. The ones that solved it are winning. Some have spent millions on processes that didn’t have buy-in from internal teams and therefore didn’t yield the necessary ROI. That learning process has been costly.”

Read the rest of this entry »

27th

Crowdsourcing the Meeting 

The Storify – some of the Social Media live from the meeting

The Tweetbinder – Social sharing stats, with only 10% of attendees sharing, still impressive

History

My first PIMA experience was the summer of 2005 at the Broadmoor, 10 years ago.  In promoting the brand new Blog, many inquired with a questioning look, “What’s a Blog?”. ☺ [See the original post here. Unfortunately the podcast doesn’t work. Rats!] Read the rest of this entry »

12th

Background

Joanna, so glad I saw your post. Very timely.

Sunset or Sunrise #Corporate #Future #SMAC

A Sunset or A Sunrise?

Just yesterday I had two separate, unrelated conversations with FinServ friends in CLE, one a rising star Millennial with a top-tier bank, and the other, a Web-savvy Boomer with a top-tier regional brokerage, both frustrated with their organization’s policy prohibiting the use of Social Media. The Millennial isn’t sure that his company, as much as he likes it, is the right place for him longer term. His concern is around his own professional growth in the context of a company whose actions, in spite of corporate words, clearly indicate that it doesn’t value staying current with technology and the culture it serves. The boomer spoke about the recent surge in turnover at the firm, good people in the middle of the org chart that are leaving because of inflexible policies around working from home and other cultural issues that cause them to not only see, but jump at other opportunities, and thus forcing the boomer to have to go to clients and introduce yet another client relationship manager, etc., etc., etc.

Your spot-on writing, and thanks for sharing, raises the issues. I’m going to write a bunch of stuff and then share this post with a bunch of people. I hope others do as well. It’s an urgent discussion. Read the rest of this entry »

24th

Twelve months in the making, the new Professional Insurance Marketers Association Affinity 2020 Report came out last week.

Impressive. Thanks to all the volunteers, esp. Chris Burke and Dave Armstrong.

Hope to do a video on it shortly. Pretty compelling data around the urgency of transitioning to digital. Read the rest of this entry »

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