Cornerstone Insurance Agency
  • Home
  • Quotes
    • Commercial Lines >
      • Business Insurance Quote
      • Commercial Auto Quote
      • Commercial Umbrella Insurance Quote
      • Insurance Bond Quote
      • Inland & Ocean Marine Quote
      • Group Benefits Insurance Quote
      • Real Estate Insurance Quote
      • Workers Compensation Quote
      • Vacant Building and Builders Risk Quote
    • Professional Lines >
      • Cyber Liability Quote
      • Disability Insurance Quote
      • Directors and Officers Insurance Quote
      • Employment Practices Liability Quote
      • Error & Omissions Quote
    • Personal Lines >
      • Home Insurance Quote
      • Renters Insurance Quote
      • Landlords Insurance Quote
      • Flood Insurance Quote
      • Auto Insurance Quote
      • Boat Insurance Quote
      • ATV Insurance Quote
      • Classic Car Insurance Quote
      • Motorcycle Quote
      • RV Insurance Quote
    • Life & Health Lines >
      • Health Insurance Quote
      • Dental Insurance Quote
      • Vision Insurance Quote
      • Medicare Supplement Coverage Quote
      • Life Insurance Quote
    • Other Quotes >
      • Special Event Insurance Quote
  • Insurance
    • Commercial Lines >
      • Umbrella Insurance
      • Business Insurance
      • Group Benefits
      • Workers Compensation
      • Insurance Bonds
      • Real Estate Insurance
    • Professional Lines >
      • Cyber Insurance
      • Employment Practices Liability
      • Disability Insurance
      • Professional Liability Insurance
    • Personal Lines >
      • Home Insurance
      • Renters Insurance
      • Landlords Insurance
      • Flood Insurance
      • Auto Insurance
      • Boat Insurance
      • ATV Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • RV Insurance
    • LIfe & Health Lines >
      • Health Insurance
      • Dental Insurance
      • Vision Insurance
      • Medicare Supplement Coverage
      • Life Insurance
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Blog
    • News
  • Contact
  • Home
  • Quotes
    • Commercial Lines >
      • Business Insurance Quote
      • Commercial Auto Quote
      • Commercial Umbrella Insurance Quote
      • Insurance Bond Quote
      • Inland & Ocean Marine Quote
      • Group Benefits Insurance Quote
      • Real Estate Insurance Quote
      • Workers Compensation Quote
      • Vacant Building and Builders Risk Quote
    • Professional Lines >
      • Cyber Liability Quote
      • Disability Insurance Quote
      • Directors and Officers Insurance Quote
      • Employment Practices Liability Quote
      • Error & Omissions Quote
    • Personal Lines >
      • Home Insurance Quote
      • Renters Insurance Quote
      • Landlords Insurance Quote
      • Flood Insurance Quote
      • Auto Insurance Quote
      • Boat Insurance Quote
      • ATV Insurance Quote
      • Classic Car Insurance Quote
      • Motorcycle Quote
      • RV Insurance Quote
    • Life & Health Lines >
      • Health Insurance Quote
      • Dental Insurance Quote
      • Vision Insurance Quote
      • Medicare Supplement Coverage Quote
      • Life Insurance Quote
    • Other Quotes >
      • Special Event Insurance Quote
  • Insurance
    • Commercial Lines >
      • Umbrella Insurance
      • Business Insurance
      • Group Benefits
      • Workers Compensation
      • Insurance Bonds
      • Real Estate Insurance
    • Professional Lines >
      • Cyber Insurance
      • Employment Practices Liability
      • Disability Insurance
      • Professional Liability Insurance
    • Personal Lines >
      • Home Insurance
      • Renters Insurance
      • Landlords Insurance
      • Flood Insurance
      • Auto Insurance
      • Boat Insurance
      • ATV Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • RV Insurance
    • LIfe & Health Lines >
      • Health Insurance
      • Dental Insurance
      • Vision Insurance
      • Medicare Supplement Coverage
      • Life Insurance
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Blog
    • News
  • Contact

Cornerstone Insurance Agency Blog

How Business Insurance Works During The COVID-19 Pandemic

6/14/2021

0 Comments

 
Picture
​Businesses seek insurance to protect them from a lawsuit, property damage, and general risks a company can face. However, when the pandemic took over, business insurance faced changes to cater to business needs during the pandemic.
Inevitable Digital Transformation
Technological aspects of business can cater to sales, marketing, and support systems. And by boosting digitalization by insurance providers, one can expand their customer and clientele reach. Online working and socializing can lead to virtual living. 

Redefine Service Quality
Shifting to a work-from-home setting decreases the connection of customers to businesses. By evolving the customer experience into an interactive environment with social media platforms and artificial intelligence, one can provide customers an outstanding customer experience. 

Growth On Company Image
Shifting into a virtual setting created a challenge for most insurers. Satisfying and catering to customers with the use of digital services has been demanded. By listening to these demands, a company can safeguard customer loyalty.  

Consolidate Workforce
The workforce has an enormous contribution to business transitions. And by creating an inclusive, genuine, and adaptive system within the force, employee productivity would increase. Furthermore, this can enrich one’s working experience. 

Expand Towards New Sources of Revenue
As a result of the pandemic, some businesses are at risk. Establishing services that would cater to those needs can create significant opportunities. Examples can be offering extended protection to those who are in eCommerce and delivery services. 

Restructure Distribution Platform
When the pandemic started, a lot of businesses shifted to a remote online environment. Methods for digital selling became relevant and were used. Distribution channels such as video conferencing are one example of an effective strategy. 

Innovative Solutions 
Shifting to a remote online environment has created another cost structure for businesses. Investing in automation technology, reliable IT models, and cloud services can help create a flexible and efficient workplace. 

Reaching Customers
Being in a digital century, insurers can reach consumers by using online facilities offered by service providers. Online marketing has been extensive since the pandemic has started. Insurers can explore and test possibilities within the virtual world. 

Conclusion
Business owners can do a lot to protect their businesses against the pandemic. Insurers should be able to understand how the system works when the pandemic has started. Adapting to the changes this fast can enable companies to continue their operations and support recovery. 

At Cornerstone Insurance Agency, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (888) 661-8831 or Click Here to request a free quote.
0 Comments



Leave a Reply.

    Contact Us

    (888) 661-8831​
    214-11 Northern Boulevard
    Suite 202
    Bayside, NY 11361​
    Click Here to Email Us

    Archives

    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017

    Categories

    All
    Auto Insurance
    Business Insurance
    Disability Insurance
    FAQs
    Financial
    Health Insurance
    Home Insurance
    Insurance
    Life Insurance
    Local
    Motivation
    Safety
    Workers Compensation Insurance

    RSS Feed

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

Cornerstone Insurance Agency​
214-11 Northern Boulevard
Suite 202
Bayside, NY 11361
(888) 661-8831
Click Here to Email Us
Review Us

Location

Website by InsuranceSplash