Happy Wednesday! In this week's Big I Buzz, we are welcoming a new IIAW team member. We are also discussing challenges insurance companies have to overcome while digitizing and some things you need to know about InsurCon2022.

New to the Team: Tyler Wheeler

Please join us in welcoming Tyler Wheeler, our new Agency Accounting Specialist! Tyler will help us to expand our Agency Accounting Services which includes day-to-day bookkeeping, payroll processing, direct agency bill reconciliation, financial statement preparation and interpretation, prepare annual budget plan and work with your external accountants for tax and auditing needs. These services are best fit for agencies lacking financial acumen on staff, agencies with mature staff looking forward to retiring, agencies looking for additional bookkeeping knowledge and support. Stay tuned for our May magazine where we will feature Tyler and you can learn more about him! For more information about our accounting services, please contact Matt Banaszynski, IIAW CEO by phone at 608-256-4429 or by email at matt@iiaw.com. 

5 Challenges That Insurance Companies Have to Overcome While Trying to Digitize Themselves Fully

Amico Hoops, a news source focused on transformative and emerging technology, has reported the 5 challenges that insurance companies have to overcome while trying to digitize themselves fully. Digitalizing can help to improve your workflows and your internal and external processes. Here's what could be holding you back: 

1. Adapting to Newer Trends and Technology

2. Improving Digital User Experience

3. Verifying Customer Identity Digitally

4. Dealing with Large Volumes of Customer Data

5. Ensuring Security

Read more about why these challenges are hard to overcome for some insurance companies here. 

InsurCon2022

We are getting closer to our annual convention, InsurCon2022 and we are looking forward to seeing everyone on May 9th and 10th at the Kalahari in Wisconsin Dells! If you haven't registered just yet, don't worry - there's still time!

Rooms under the IIAW's room block for the night of Tuesday, May 10th at the Kalahari Resorts have now sold out. If you'd like to stay at the Kalahari for Tuesday, you can contact the Kalahari directly at 608-254-5466 if you need to book your room for Tuesday night. The good news is that there are still rooms available for Monday, May 9th. Book your room for Monday now to receive our special room block rate before it's gone! Learn more here. 

For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to add your email to our emailing list.