4th Quarter 2016
National Lloyds
Nevada Growth Nevada is proving to be a potential high-growth market for National Lloyds Corporation. The Texas-based property and casualty insurance provider is expanding its physical presence in the state, which until recently has gone largely untapped. “We believe Nevada offers growth opportunity for the company with less volatility, as the region has little catastrophe exposure,” said Bob Otis, National Lloyds Corporation CEO. To drive performance, National Lloyds added a Nevada marketing representative position over the summer and is in the process of increasing the number of agents and
offices in the state. The company is also planning product enhancements for 2017, which it anticipates will spur further growth in the region.
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Since 1948, National Lloyds Corporation has been working to make life easier for its customers, providing property and casualty insurance through its two underwriting companies: National Lloyds Insurance Company and American Summit Insurance Company. Headquartered in Waco, Texas, National Lloyds offers insurance through a dedicated network of more than 4,200 agents in over 30 states.
National Lloyds Nevada Marketing and Sales Rep. Justin Lloyd (right) at an agent appreciation event.
Taking the Lead with Tech Enhancements For National Lloyds Corporation, providing simple and innovative technology solutions is not just a business goal—it’s critical to the success of the company’s distribution model. Insurance agents and customers alike demand systems that are easy to navigate and use. That’s why the company has invested over two years in implementing a new core processing platform that provides an enhanced experience for its users. “Over the last six months, we’ve hit major milestones with our core system upgrade, rolling out improved tools for our new and
existing clients,” said Mitch Jawitz, National Lloyds Corporation vice president of marketing and sales. “We’re excited about what the new platform offers our users: new electronic payment options, more flexible down payment options, better underwriting tools for our agents, and improved output for both customers and agents. Recent changes to the new system have improved the time is takes for an agent to perform a quote from six minutes to an industryleading one minute.” In several states, new National Lloyds clients are now onboarded into the new system, and
existing clients are being migrated in a phased approach to minimize disruption. Customers in the Arizona market have already moved to the solution and the migration of Tennessee clients is underway. The Texas market is on target for migration in early 2017. “We’ve made great progress, but we have more work to do,” added Jawitz. “We’ll continue to further improve our solutions as we strive for perfection.”
A Winning Team NFL legend Emmitt Smith and wife Pat shine in PlainsCapital Bank customer ad campaign
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