Agents and brokers have been dreaming about a single entry multiple company submissions system for a long, long time. The Council of Insurance Agents and Brokers, LexisNexis
and a variety of insurance and technology partners are currently testing a dream model, the LexisNexis Insurance Exchange
. In this interview at the MarketScout Entrepreneurial Insurance Symposium
, Frank Sentner, CIAB's technology director, explains how this exchange could be a game changer for the entire property/casualty insurance industry. In Part 2, Senter discusses some of the security and privacy issues surrounding the exchange that are of concern to agents and brokers.