Chicagoland SIA Blog

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Agency Management (8)

When it’s human error

We all make mistakes. To err is human, right? However, if you are a business offering professional services, such as an insurance agency, those errors can be costly! Errors & Omissions (E&O) insurance is designed to cover damage caused to clients by negligence, faulty advice or other failure of duty acts.

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Gender inequality in the insurance workplace

Women have made great strides within the insurance industry. According to a recent Population Survey of the U.S. Census Bureau, women make up approximately 60 percent of the workforce within the insurance industry. Where the inequality seems to prevail is at the leadership level. Less than 20 percent of board seats and executive officer positions are held by women, according to whitepaper by the Million Women Mentors (MWM).

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Ways to combat employee demotivation

For most of us, work is a fact of life. It is regrettable when an employee goes to work feeling deflated and perhaps showing up for nothing more than a paycheck. As a manager of employees, you’ve likely seen it in your own workplace. Here are a few ways to combat employee demotivation in the workplace.

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Is your job killing you?

Did you know your job may be killing you? Maybe not literally killing you, but stress in the workplace can have all sorts of unwanted effects on all our lives including sleep disturbances, high blood pressure, headaches, stomach problems and even cardiovascular disease. The effect of workplace stress is very real—a study by Harvard University found that nearly 120,000 deaths annually are attributed to workplace stress. Billions of dollars are spent on healthcare each year as a result of stress in the workplace. As an agency manager/owner, it is in the best interest of you and your employees to take the initiative in reducing workplace stress.

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