{"id":2903,"date":"2017-06-30T12:42:25","date_gmt":"2017-06-30T09:42:25","guid":{"rendered":"https:\/\/insly.com\/?p=2903\/"},"modified":"2021-05-18T07:38:46","modified_gmt":"2021-05-18T07:38:46","slug":"field-insurance-brokers-software-gives-us-time-focus-excellent-service","status":"publish","type":"post","link":"https:\/\/insly.com\/en\/blog\/field-insurance-brokers-software-gives-us-time-focus-excellent-service\/","title":{"rendered":"Field Insurance Brokers: \u201cSoftware gives us time to focus on excellent service\u201d"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p><b>We sat down for a brief Skype interview with Sean T. Field of Field Insurance Brokers, Bridgetown, Barbados. The company was founded by Sonia M. Field, a Chartered Life Underwriter, in 1984 as an insurance agency, and was converted to a brokerage house in 1998. <\/b><\/p>\n<h4><b>Which product lines do you deal in?<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">We are evolving. Initially we specialized in the niche market of personal lines brokerage: life, motor, home, health and pension. However, by 2017, we have also evolved into a full service insurance brokerage, catering to both the life insurance, and general insurance needs of our current and new customers.<\/span><\/p>\n<h4><b>Do you face any Barbados-specific challenges?<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Sure. Look at the map, and you should spot the challenge. Barbados is really small &#8211; only 430 km<\/span><span style=\"font-weight: 400;\">2<\/span><span style=\"font-weight: 400;\">, with 280,000 inhabitants. This means that we can\u2019t focus on small segments and rather need to cater quite diverse clientele, and keep pace with its diverse and changing expectations. <\/span><br \/>\n<span style=\"font-weight: 400;\">Second, there is quite a bit of bureaucracy involved. Barbados ranks 117th in the World Bank\u2019s \u201cEase of Doing Business\u201d index, with bureaucracy cited amongst top hindrances. Thus, we need to present vast amounts of paperwork to the government regulators. <\/span><\/p>\n<h4><b>How do you address these challenges?<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Amongst other efforts, software has always helped us a lot. Right when the Brokerage was established in 1998, we implemented a system called Agency Manager to manage the back end of the business and streamline the document management needs of the Brokerage. However, it was also quite costly, as was the norm for business software back then. It grew outdated and support was ended. Thus, we migrated our data and operations to Insly last year. <\/span><br \/>\n<span style=\"font-weight: 400;\">A year later, with the ease and power of using Insly, the bar for our brokerage has been risen significantly. We have become more efficient in compiling the paperwork required by the insurers and regulators.<\/span><br \/>\n<span style=\"font-weight: 400;\">It has also given us the power and scope to grow our business in the years to come by taking care of the back end so that we can continue to focus on providing excellent service to our new and existing customers.<\/span><\/p>\n<h4><b>How did you come across Insly? <\/b><\/h4>\n<p><span style=\"font-weight: 400;\">In 2016, our IT techs suggested that we explore an alternative solution to our aging insurance database, as support for the core software and hardware was no longer available. We sought something that is cost effective, easy to deploy, with minimal training required and available on iOS and Mac devices.<\/span><br \/>\n<span style=\"font-weight: 400;\">While we initially contacted our original software vendor for an updated solution, we came across the world of SaaS, and Insurtech &#8211; affordable and nimble cloud-based solutions. From these solutions, Insly checked all the boxes for us and then some. It was light, cloud based software and powerful enough for all we wanted:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">No in-house server needed;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Capable to run on iOS and Mac Devices;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Available anywhere, 24\/7 via an internet connection <\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Daily offsite backups<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Continuously Updated Software<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">24\/7 Tech Support<\/span><\/li>\n<\/ul>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-2917 aligncenter\" src=\"https:\/\/insly.com\/wp-content\/uploads\/2017\/06\/Barbados-Island-Field-Insurance-Broker.jpeg\" alt=\"Barbados Island - Field Insurance Broker\" width=\"1416\" height=\"848\" srcset=\"https:\/\/insly.com\/wp-content\/uploads\/2017\/06\/Barbados-Island-Field-Insurance-Broker.jpeg 1416w, https:\/\/insly.com\/wp-content\/uploads\/2017\/06\/Barbados-Island-Field-Insurance-Broker-250x150.jpeg 250w, https:\/\/insly.com\/wp-content\/uploads\/2017\/06\/Barbados-Island-Field-Insurance-Broker-700x419.jpeg 700w, https:\/\/insly.com\/wp-content\/uploads\/2017\/06\/Barbados-Island-Field-Insurance-Broker-768x460.jpeg 768w, https:\/\/insly.com\/wp-content\/uploads\/2017\/06\/Barbados-Island-Field-Insurance-Broker-120x72.jpeg 120w, https:\/\/insly.com\/wp-content\/uploads\/2017\/06\/Barbados-Island-Field-Insurance-Broker-164x98.jpeg 164w, https:\/\/insly.com\/wp-content\/uploads\/2017\/06\/Barbados-Island-Field-Insurance-Broker-660x395.jpeg 660w\" sizes=\"(max-width: 1416px) 100vw, 1416px\" \/><\/p>\n<h2><span style=\"font-weight: 400;\">Barbados: Quick Facts<\/span><\/h2>\n<p><b>Location: <\/b><span style=\"font-weight: 400;\">Caribbean Sea<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Area:<\/b><span style=\"font-weight: 400;\"> 430 km<\/span><span style=\"font-weight: 400;\">2 \u00a0<\/span><span style=\"font-weight: 400;\">(world&#8217;s 13th smallest country)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>GDP (PPP):<\/b><span style=\"font-weight: 400;\"> $17,200<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Annual hours of sunshine: <\/b><span style=\"font-weight: 400;\">3000<\/span><br \/>\n<span style=\"font-weight: 400;\">Barbados is one of the most advanced and resilient economies in the region. 85% of its GDP consists of services, with a vibrant financial sector. The country was hit hard by the recent economic crisis; however, it has since seen a boom in foreign direct investments.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We sat down for a brief Skype interview with Sean T. Field of Field Insurance Brokers, Bridgetown, Barbados. The company was founded by Sonia M. Field, a Chartered Life Underwriter, in 1984 as an insurance agency, and was converted to a brokerage house in 1998. Which product lines do you deal in? We are evolving. [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":9046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[36],"tags":[215,127,128,193,69,216,133,27,217],"class_list":["post-2903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-client-stories","tag-barbados-insurance","tag-case-study","tag-customer-success-story","tag-insurance","tag-insurance-broker-software","tag-insurance-software-for-brokers","tag-insurance-technology","tag-insurtech","tag-life-insurance"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Field Insurance Brokers: \u201cSoftware gives us time to focus on excellent service\u201d - Insly<\/title>\n<meta name=\"description\" content=\"We sat down for a brief interview with Field Insurance Brokers (Barbados). 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The company was founded as an insurance agency, and was converted to a brokerage house.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/insly.com\/en\/blog\/field-insurance-brokers-software-gives-us-time-focus-excellent-service\/\" \/>\n<meta property=\"og:site_name\" content=\"Insly - Design &amp; deliver insurance products\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/inslycom\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-30T09:42:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-18T07:38:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insly.com\/wp-content\/uploads\/2017\/06\/Field-Insurance-Broker-in-Barbados.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"960\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mohammadreza Gharaeiyan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@insly_com\" \/>\n<meta name=\"twitter:site\" content=\"@insly_com\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohammadreza Gharaeiyan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/insly.com\/en\/blog\/field-insurance-brokers-software-gives-us-time-focus-excellent-service\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/insly.com\/en\/blog\/field-insurance-brokers-software-gives-us-time-focus-excellent-service\/\"},\"author\":{\"name\":\"Mohammadreza Gharaeiyan\",\"@id\":\"https:\/\/insly.com\/en\/#\/schema\/person\/950c68d1ff5bf7ef863ec7ad752aa8e5\"},\"headline\":\"Field Insurance Brokers: \u201cSoftware gives us time to focus on excellent service\u201d\",\"datePublished\":\"2017-06-30T09:42:25+00:00\",\"dateModified\":\"2021-05-18T07:38:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insly.com\/en\/blog\/field-insurance-brokers-software-gives-us-time-focus-excellent-service\/\"},\"wordCount\":559,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insly.com\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/insly.com\/en\/blog\/field-insurance-brokers-software-gives-us-time-focus-excellent-service\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insly.com\/wp-content\/uploads\/2017\/06\/Field-Insurance-Broker-in-Barbados.jpeg\",\"keywords\":[\"barbados insurance\",\"case study\",\"customer success story\",\"insurance\",\"Insurance broker software\",\"Insurance Software for brokers\",\"Insurance technology\",\"Insurtech\",\"life insurance\"],\"articleSection\":[\"Client Stories\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insly.com\/en\/blog\/field-insurance-brokers-software-gives-us-time-focus-excellent-service\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insly.com\/en\/blog\/field-insurance-brokers-software-gives-us-time-focus-excellent-service\/\",\"url\":\"https:\/\/insly.com\/en\/blog\/field-insurance-brokers-software-gives-us-time-focus-excellent-service\/\",\"name\":\"Field Insurance Brokers: \u201cSoftware gives us time to focus on excellent service\u201d - Insly\",\"isPartOf\":{\"@id\":\"https:\/\/insly.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insly.com\/en\/blog\/field-insurance-brokers-software-gives-us-time-focus-excellent-service\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insly.com\/en\/blog\/field-insurance-brokers-software-gives-us-time-focus-excellent-service\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insly.com\/wp-content\/uploads\/2017\/06\/Field-Insurance-Broker-in-Barbados.jpeg\",\"datePublished\":\"2017-06-30T09:42:25+00:00\",\"dateModified\":\"2021-05-18T07:38:46+00:00\",\"description\":\"We sat down for a brief interview with Field Insurance Brokers (Barbados). 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