Affordable Virtual Assistant Services for Small Insurance Firms
As the modern business landscape continues to evolve, small insurance firms face both exciting opportunities and substantial challenges. According to the U.S. Bureau of Labor Statistics, the insurance industry is set to grow by 10% over the next decade. However, to leverage this growth potential, small insurance firms should enhance their strategies for efficiency, productivity, and cost-effectiveness.
One cost-effective and efficient strategy that’s gaining popularity is hiring virtual assistants (VAs). According to a report published by Stanford University, work from home has witnessed a considerable increase in recent years. In context of the independent insurance agent industry, virtual assistants can be the key to unlocking a firm’s full potential. Here at Agency VA, we understand the crank of the Insurance industry and offer VAs who are trained to perform essential insurance tasks.
**What Virtual Assistants Can Do For Small Insurance Firms**
The scope of Insurance, specifically in remote settings, is vast. Simplistically, virtual assistants can handle administrative tasks such as answering e-mails and scheduling appointments. However, given that insurance work is often more specialized, it is ideal for firms to use Agencies such as ours that train Virtual Assistants in the complexities of insurance.
From initial inquiry management and quoting, to client onboarding and policy servicing, virtual assistants can dramatically improve efficiency and cost-effectiveness. For an in depth understanding of just what a VA can accomplish, we encourage you to [schedule a meeting with our Agency VA team](www.agencyva.com/schedulemeeting).
**The Role of Workforce Staffing in Hiring Virtual Assistants**
Recognizing the potential of virtual assistants is one thing, but finding the right talent can be quite another. Recruitment, proper training to the insurance specifications, taxation laws and international bureaucracy are stumping blocks to many.
Thankfully, as cited in a report by the Society for Human Resource Management, firms can leverage the expertise of Employee of Record (EOR) services for their staffing needs. Here at Agency VA, we serve as an EOR for our virtual employees, tacking the complexity of global hiring challenges for our Agen partners thereby making staffing a breeze.The EOR handles employment paperwork, tax withholdings, and legal compliance which can be especially tricky when hiring internationally.
**The Importance of Remote Worker Management Software**
With the flexible, remote working structures, effective management is paramount. According to Gartner, by 2020, over half of Global companies will use remote worker management software.
AVA, our full-featured remote worker management software, is designed specifically for insurance agencies and virtual staff. AVA not only automate mundane tasks, but also streamline work flow, monitor performances and inspire best practices.
A comprehensive remote worker management software like AVA also ensures that your virtual assistants remain focused and productive. In fact, it has been estimated that such software can increase productivity by up to 25%. On its dashboard, AVA also has a button that enables quick and easy scheduling of meetings with our Agency VA team.
**Conclusion**
In an era of digital transformation, small insurance firms can leverage affordable virtual assistant services to manage tasks, drive growth, and increase profitability. Additionally, with a dedicated employee of record service and advanced remote worker management software, firms can streamline the entire process, conserving resources and increasing effectiveness. With the right strategies and tools, the growth opportunities for small insurance firms are boundless.
Feel like it’s time for your firm to explore these possibilities and transform how it operates? Don’t hestitate, [schedule a meeting](www.agencyva.com/schedulemeeting) with our Agency VA team today. We are here to assist you in bosting your business, saving you time, money and giving you the peace of mind to focus on strategic areas while we handle the rest.