eWeek for Vertafore

October 23, 2015

Insurance agencies of all sizes are less optimistic about future growth based on year-over-year results, with the biggest drop in sentiment coming from large agencies where only 33 percent claim to be very optimistic, compared to 70 percent in 2014.This was one of the findings of Vertafore’s second annual survey of 200 principals or producers from independent U.S. insurance agencies, which also revealed the primary culprits driving industry uncertainty.Those include carrier adoption of predictive analytics (59 percent), Google’s entry into the insurance market (54 percent) and self-directed preferences of Millennials (48 percent).

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