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Steve Anderson
Works at The Anderson Network
Attended Taylor University
Lived in Franklin, TN
655 followers|109,406 views
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Does your insurance agency have a client portal? Complete my two question survey to see how you compare: http://snip.ly/Bzv1
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Steve Anderson

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I haven't done this in a very long time!
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+Carlos Vargas they are a lot of work, but the reward is so sweet. I forgot how much better the meat is than what is get at the store. 
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The sale is not final until the check clears the bank.

Getting paid for the insurance policies you sell is a key part of running a successful agency. How agencies have handled the payment process hasn't changed all that much over the years—send an agency invoice, receive a check in the mail, and deposit it into the bank. Direct Bill transferred some of the burden of collecting money to the insurance company, but also transferred some of their loyalty from you to the company.

Today’s consumers are demanding more payment options than ever before. Moreover, it is these changing expectations of your clients that require you to begin to think differently about how you get paid for the policies you sell. I have a friend in Dallas who owns a business and charges over $20,000 of business expenses a month on a credit card to earn the points.

According to the latest New York Federal Reserve study on non-cash payments, the use of paper checks has gone from 37.3% of transactions in 2003 to 18.3% in 2012 (the latest year available). The use of debit cards has increased from 15.6% in 2003 to 47% in 2012.
Do you accept credit or debit cards in your office?
Mobile payment options will continue this trend away from paper checks to electronic payments. PayPal, Square—the little white dongle you add to your phone or tablet to swipe a credit card—Amazon payments, and just last week Apple announced Apple Pay—a mobile payment option for the new iPhone 6 and 6 Plus.

Every insurance agency needs to begin the process of creating a way for your clients to pay you using whatever payment method they want. Setting up electronic payments is a complex issue. There are many moving parts.

The industry needs to address and find a way to accept electronic payments as soon as possible.

To help you understand the complex issues that the industry—agencies and insurance companies—need to address to set up electronic payment options, I have created a white paper titled “It’s Time to Update Your Payment Process.” This white paper will help you gain a better understanding of the payment industry as well as the opportunities we have to accept electronic payments.

Consumers are demanding. They want what they want, and they will find a way to get it. Many of your clients no longer even use checks. Agencies of every size need to begin strategizing on the process they will use to be able to accept electronic payments for insurance policies.

Consumers are demanding it.

How are you meeting the changing demand of payment methods? I'm interested in what you think.
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New article on LinkedIn - Behind the Scenes: Creating Compelling Presentations that engage, Entertain and Inspire
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Some people know that cooking is a hobby of mine. On Labor Day I tried a new version of an old classic dessert. Here are the details just in case you might be interested. 
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Sat in a Tesla for the first time yesterday. It's a nice car! The hood is a trunk. Might even make me think about buying one. 
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I agree!
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Does your insurance organization have a client portal? Complete my two question survey to see how you compare: http://snip.ly/Bzv1
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[Video] See what Tesla's AutoPilot in action: "Tesla Just Unveiled the Future of Driving" 
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[New LinkedIn Article] The Insurance Industry Must Update Their Payment Process | http://buff.ly/1vp5KDk - What do you think?
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Spoke to a great group of agents this morning at the #AppliedNet Executive Management Program about Creating a Great Customer Experience.
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And yet another food related event. Last Friday I had the priviledge to have dinner at Bill Wilson's house with John Eubank and Howard Candage (and spouses). Howard (from Maine!) had 20 lobsters shipped down and cooked them for dinner. What a night!! I learned how to properly cook lobsters and was able to enjoy the fruits of our labor. 
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My response to Steven Finch's ALS Challenge. 
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People
Have him in circles
655 people
Crystal Rosa's profile photo
Danielle Bell's profile photo
Sey Kay's profile photo
Matt W Ruff's profile photo
Cheap Full Coverage Auto Insurance's profile photo
Colleen McGuire's profile photo
Henry Majoue's profile photo
Ed Wise's profile photo
Stuart Powell's profile photo
Work
Occupation
Executive Editor at The Anderson Agency Report
Employment
  • The Anderson Network
    President, 1999 - present
  • The Anderson Agency Report
    Executive Editor, 2001 - present
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Previously
Franklin, TN - Colleyville, TX - Silver Spring, MD - Rockville, MD
Story
Tagline
Authority on insurance technology, productivity and profits.
Introduction
I’m a very curious person. 

It’s one of the reasons I’ve always liked the insurance industry. It’s given me a chance to understand how a variety of different businesses work because providing the best insurance coverage for any business imaginable required that I understand what they do.

You can often discover what a person is like by the TV shows they watch and some of my favorites are “Unwrapped” on the Food Network and “How it’s Made” on the Discover Channel – basically I like just about any show that explains how something is done.

That said, sometimes curiosity can have a downside. Think of George Banks in the movie “Father of the Bride”. You may remember the scene where George finds his daughter’s new in-law’s checkbook while digging through their desk and gets caught. He got in mega trouble for being too snoopy. Fortunately, I’ve never been that extreme but I have been known to make my wife a little crazy at times! 

Yet this curiosity is what drives me to explore, experiment, test, write and talk about how existing and emerging technology products and processes can help insurance agents help their clients. 

I’ve worn many hats in my career -- insurance company underwriter, insurance agent and producer, programmer (for a very short period of time), writer and speaker. Over the years, I’ve developed a unique ability to turn technology geek-speak into easily understood information that helps agency owners and staff understand technology and how to use it effectively (and even profitable!) in their organization.

And I’m proud that I am a practical and hands-on person as I travel throughout the country teaching, training and helping agents embrace technology and get to the next level of where they want to be.

So what’s my driving passion? It’s simply finding the best technology tools available to help insurance agents and the insurance industry more effectively build, manage and profit in their businesses. 

Curious, isn’t it?

You can connect with me at www.SteveAnderson.com.
Education
  • Taylor University
    Business & Economics, 1973 - 1976
Basic Information
Gender
Male