Back To Terms Beginning With c
Cap
1. For bonds, the highest level interest rate that can be spread on a floating-rate instrument.
2. In stocks, short for capitalization, or the total current value of company's outstanding shares in dollars.
3. For mortgages, the highest interest rate level than an adjustable-rate mortgage can increase to in a specified time period.
Insurance Industry News from ProgramBusiness.com
Introducing AptusStorefront owner BenefitPoint introduces Aptus!
Let’s face it – growing your P&C agency is tough. Many agencies strive to leverage established customer relationships by adding Employee Benefits to their product offering, but are disappointed by mixed results. What agency owners fail to recognize is that selling Employee Benefits products requires the same level of expertise, commitment, drive, and focus that made their Commercial Lines operation successful.
While employers seek the same skilled advice as a commercial lines client, Benefits sales are very different. In Commercial Lines, the agent often wins the customer’s trust – and business – before they even present a quote. Commercial lines producers who have a comprehensive understanding of a customer’s business and its unique exposures immediately have the “edge”. In Benefits, there is limited opportunity to show this level of specialization pre-sale, and business is won based on commitments to service provided after the sale.
To meet those commitments, benefits agencies need solutions that will save time, reduce administrative burden, and streamline operations, so they can truly focus on the customer. Efficient, effective, customer service results in greater retention, increased market share, and more profit. Agencies win when they deliver on the promises made to their benefits customers.
BenefitPoint Aptus provides agencies with the tools they need. Aptus is a web-based benefits management platform designed specifically for the employee benefits business. Aptus allows employee benefits professionals to meet client needs, eliminate redundant processes and capture data for business intelligence and strategic decision-making – leading to increased sales and productivity. Many leaders in the $600 billion employee benefits industry are already harnessing the power of Aptus, and recognize it as a sophisticated management and procurement solution that connects carriers, brokers, and employers.
Aptus gives you a streamlined customer management, procurement, and back-office processes that more efficiently handle the day to day business of selling and servicing.
• Activity Tracking
• Benchmarking
• Business Intelligence
• Client Communication - Web Portal
• Renewal Management
• Revenue Tracking
• RFPs
• Streamlined Office Processes
• Transparency and reduced E&O exposure
The platform is designed with time-saving features like true Outlook integration, document storage, compatibility with Excel, auto-filled data, and integration with popular P&C agency management systems. All Aptus packages also include a comprehensive Compliance Library designed to help your staff quickly answer Benefits, Compensation, and HR questions presented by your clients.
This means that your Benefits staff will be able to spend more time selling and servicing customers, and less time maintaining their records. Aptus is the solution that connects employee benefits brokers and their customers – successfully!
----
Get a hands-on look at Aptus during the 2007 AMS User’s Group National Conference!
With the introduction of BenefitPoint Aptus, eleven new “benefits-only” sessions will be offered at AMSUG, March 22-25, 2007. You have the ability to get a hands-on look at Aptus and have your questions answered by experts!
For more information, visit the BenefitPoint storefront.
Click for the whole story...
