Securing Your Client’s Information: Data Security Tips for Agents and Advisors
Financial agents and advisors often request and work with important personal identifying information (PII) from their clients that must be kept secure at all times. If a client’s sensitive information is leaked, it could be catastrophic for both the client and the business. Reviewing data security and cybersecurity best practices can protect your business and […]
Customers at the Heart of our Business Leads to World Class Customer Satisfaction
Over the past 30 years, DMI has positioned itself as a trusted partner for agents and advisors. We have been able to build this trust with an emphasis on delighting our agents by offering superior products and delivering exceptional customer service. In fact, customer satisfaction is the focus of our day-to-day operations. It is this […]
The Value of a Compliance Self-Assessment for Insurance Advisors
You might be asking yourself, “why should I spend time on compliance for my practice”? Well, we know that compliance tends to get a bad rap because it is often associated with laws, regulations, enforcement actions, and penalties for those who do not follow the rules. It also takes valuable time, effort, and resources from […]
Elderly Financial Exploitation: How to Identify & Steps to Take to Protect Your Client
Elder financial exploitation or mistreatment has become more prevalent in recent years. A study by the National Adult Protective Services Association (NAPSA) shows that one in twenty seniors has reported some form of financial mistreatment in the past year. In many cases, the abusers are people they love or trust, such as family members, friends, caregivers, or […]
Planning for College? Use Life Insurance to help with College Cost
Think back to when you graduated college. Do you remember how much it cost a year? Did you pay for it or have help paying for it? Did you have loans or grants to help offset the cost? Planning for the cost of college is important for those investing in higher education. As a Vice President […]
Your Four Obligations under NAIC’s “Best Interest” Model Regulation
Editorial Note: Please note that information in this blog is not meant to address all aspects of the Model Regulation, or any variations in individual state laws or regulations, and should not be considered legal advice. View additional resources, including an FAQ for the Best Interest Model Regulation on DMI’s My Back Office. In February […]
How You Can Benefit From Adding Podcasts To Your Marketing Plan
DMI | Marketing, podcast The benefits of adding a podcast to your marketing plan are numerous. A podcast can diversify your marketing, reach new audiences, provide insight into the internal workings and expertise of your organization, add credibility to your business and establish thought leadership. Research conducted by Infinite Dial shows that about 67 million […]
2020 Reflections from DMI
In an unparalleled year, DMI focused on what we do best; we helped our agents grow their business by providing dynamic elements for success. In 2020, we innovated our best-in-class products, award-winning marketing services, sales consulting, and back-office operations support. We developed new skillsets, explored how to best leverage new technologies, and most importantly, continued to deliver without interruption, superior […]
A 2021 Regulatory Outlook: 4 Critical Areas for Agents and Advisors
Maureen James – Co-owner/Principal at Summit Compliance Group, LLC | Compliance, Data Security, Risk Assessment, Regulation, Best Interest Rule “If you think compliance is expensive – try non-compliance.” – Former US Deputy Attorney General, Paul McNulty Compliance tends to get a bad rap because it’s often associated with laws, regulations, enforcement actions and their associated […]
Three Tips for Year-End Financial Planning
DMI | Financial planning, taxes 2020 is officially wrapping up. From market volatility to global challenges like the COVID-19 pandemic, this year has been full of ups and downs. It’s more important than ever to ensure your financial planning is in order. As you support your clients during a challenging year, these are some things […]