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Newt
USA
657 Posts |
 Posted - 10/06/2002 : 11:14:49
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People read very little anymore, much of our education comes from multimedia. CDs,Video and audio tapes account for a major portion of our knowledge base.
OK, since folks from all walks life in the insurance industry read
these posts, how would you feel about a revolution in the way we study policy. Suppose each carrier had a CD with their specific policys on them, with instructions, one for agents and one for adjusters. With all the gigabytes we have on our laptops we could load our computer with a world of information. This would preclude lots of problems of hauling around dog eared policys and notes.
We could download from the internet with a password, it sounds logical to me. Is there some kind of trap out there that I don't know about. When I get a policy, I will scan it and see what I can do with it, by making a CD. I may even blow up the small print.
I figure time is money and if we can save time by having information at our finger tips we need to explore it.
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Ghostbuster
476 Posts |
Posted - 10/06/2002 : 13:01:12
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And...the bean counter at the carrier says, 'We gotta buy the CD, we gotta buy the envelope to send it, we gotta buy the postage, we gotta buy the encryption on the CD, we gotta spend labor time in producing the content, we gotta buy...on & on & on.'
The memo goes up to the honcho in charge and he/she/it responds with a politically correct and sensetively worded, "Thpppppppt!"
It's just another happy day in insurance-land. |
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Newt
USA
657 Posts |
Posted - 10/06/2002 : 14:25:23
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You are probably right and even though the price of CDs is not that great and the internet would save a bundle, someone out there hates change. I am going to get all the policy info I can lay my grubby hands on , commit them to CDs. I can even use OCR to change the print size, or run it through Adobe photo shop. This is something I can do while in my study of policys.
Getting my hands on policys will probably be a chore.
What I need to do is get a job and a life, but I can't find anyone doing nothing that needs help. If you get up in the morning and don't have to kick the dirt off, be thankful, you didn't fall off a roof the day before. |
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fivedaily
USA
258 Posts |
Posted - 10/06/2002 : 17:55:51
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It would seem you would need at least 50 cd's for each carrier. You have all the types of policies, then listing all of the endorsements/addendums. And each state will have its own variations on those policies. Sounds like a lot of work. And it would have to be updated yearly at a minimum. If you tackle this project, have fun.
Jennifer |
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Newt
USA
657 Posts |
Posted - 10/06/2002 : 19:56:05
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| If you can put an encyclopedia on two CDs, that includes a lot of pictures, oh well it was a thought. I will try it with property only. |
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katadj
USA
315 Posts |
Posted - 10/06/2002 : 23:59:43
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This was done a few years ago with the NFIP policies and sold here on CADO by an outfit from Florida.
This was done again 2 years ago, (by the same people) and included the NEW version of the NFIP and all the FWUA policies including a search engine.
There was so much lack of interest that the company decided to stop production.
Even great ideas, and modern technology fall to the gavel of those that have to pay their dues. |
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Newt
USA
657 Posts |
Posted - 10/07/2002 : 08:27:21
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The right product at the wrong time, that is a shame. I didn't know about this and insurance was not an intrest of mine when this was going on. I may still give it a go, and share it. I have an extra computer with a 61 gig hard drive that could be dedicated to policies. I could network to my laptops or rig it up through my server on a homepage. That way, all my friends can access. I am not sure exactly how to go about getting the info(policy). The ISO must have this info. I appreciate the info and would like any guidance anyone cares to send this way.
This may be another pipe dream, however the time will not be wasted. I do need some policy training and this is one way to get it.
The carriers could do this same thing with all their people in information technology, there must be some reason they don't. |
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JimF
USA
1014 Posts |
Posted - 10/07/2002 : 16:46:25
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The ISO policies are copyrighted which is why you will not find them posted anywhere on the Internet. Nor will ISO allow the unrestricted use, publication or broadcast of the ISO policies.
The IIA and CPCU provide courses in understanding the personal line and commercial policies, and those semester long courses are the best and most comprehensive way to learn policy language and application.
95% of all carriers use the ISO policies or some variation of same as the basis for their policies, so if you learn the framework and nuances of the ISO forms, you will pretty much understand most any carrier's policies, save and except minor changes made by some carriers which are easily learned and understood.
A mere reading of any policy alone is little basis for the broader understanding of policy layout, architecture and intent. |
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Newt
USA
657 Posts |
Posted - 10/07/2002 : 17:14:22
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That is good to know, my best ticket is with the course and a semester is not that bad. I need to get started on my CEU credits
soon or be caught up in a last minute effort.
I have had some dealings with copyright law and it is not a path I want to tread. I went through this with the reproduction of tech manuals. Its not easy to get authorization, even though it was for class room and student use. I did get the go ahead, but there was lots of paper work and phone calls involved. |
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Newt
USA
657 Posts |
Posted - 10/07/2002 : 17:43:05
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It seems this subject is a dead horse as was noted in the previous post the Insurance Service Office (ISO) writes and sells copy written policies to most carriers under guidelines for use. They are copywritten and therefore it would be illegal to reproduce them with out consent. I doubt any circumstances we have would warrant ISO granting consent. So much for that.
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Linda
USA
127 Posts |
Posted - 10/09/2002 : 13:29:17
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I just got the Alliance Policy Kit and it does have a cd version tucked in the front cover. To order one:
http://www.allianceai.org/books.asp?mnuid=6
The cost is $50 for a non-member + shipping. Best money you will spend on policy information. The book and cd come together for the $50.00.
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Newt
USA
657 Posts |
Posted - 10/09/2002 : 16:46:02
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| Thanks a whole bunch, Linda, I got it ordered. I want to save this email ad there may be more I want. How does one get to be a member of that org? |
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Linda
USA
127 Posts |
Posted - 10/09/2002 : 16:59:58
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| Newt, I believe there is a membership area on that same page. Check it out. Glad the link helped. I get them every year. You never know when you or someone else might need them. |
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Newt
USA
657 Posts |
Posted - 10/09/2002 : 18:40:03
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| Linda, I just got scheduled for State Farm Cert. Training. I wonder how tough it will be. I have only two policies , HO and auto to study If it is like Farmers it wont be that hard............I hope. Oh well I will give it a shot..... |
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ChuckDeaton
USA
373 Posts |
Posted - 10/09/2002 : 19:47:24
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| Newt, you need to study for the State Farm Certification. Trust me. |
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Wes
USA
62 Posts |
Posted - 10/09/2002 : 20:10:35
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| Hey Chuck I am currently working on my State Farm Certification and need some advice. This is my first post to the forum so please excuse me if I am in the wrong area or anything. My question is when taking the State Farm basic estimatics test do I automatically apply waste to the replacement of squares on a roof even if the test question does not mention to figure waste. Also could some one please go over for me the correct State Farm way of figuring replacement for carpet as it applys to the basic estmatics exam. While I am here and on my first post let me also say that a yearly 60$ fee for the use of any part of this website is a bargain unmatched any where else on the web. Even the list of employers on this site would cost you 600$ or more at any kind of job placement agency. As soon as I get a storm I am sending in my 60$ plus buying all the overpriced CADO gear I can afford :-). Thanks to anyone who can give some advice to get thru my SF exams. |
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POLICYS FOR THE ROAD
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