Posted on 23 Mar 2012
IBA West now offers its members a new service: experienced and qualified insurance professionals to its member agencies on a remote outsourced basis, provided by WAHVE (Work At Home Vintage Employees).
WAHVE is a unique, cost-saving remote contract staffing solution that supplements insurance firms' staffing needs by using the industry's knowledgeable and technologically savvy retirees.
"WAHVE is an excellent alternative that uses U.S.-based workers at much less than the cost of regular experienced staff," said Clark Payan, IBA West CEO, explaining why IBA West is endorsing a remote staffing product for its membership of more than 11,000 insurance professionals in almost 600 member firms in California.
Sharon Emek, Ph.D., president and CEO of WAHVE, explained: "Thebiggest expense an independent insurance agency has is its staff. Staff costs are not just about the base salary. They include the cost for benefits and taxes, brick and mortar, hiring, training, turnover. When you add these up, a person whose salary is $50K annually can cost you $70K annually or more."
"When you outsource to WAHVE, you not only save on all these additional costs, you save on the base salary," said Emek. "Since WAHVE only charges the hours worked, agencies only get invoiced for the actual hours worked, whether it's full-time, part-time or project work."
About IBA West:
IBA West is the largest trade association, representing independent insurance agents and insurance brokers in California. The association is headquartered in Pleasanton, California. IBA West can be reached online at www.ibawest.com. IBA West is affiliated in California with the Independent Insurance Agents and Brokers of America (IIABA).
Work At Home Vintage Employees (WAHVE) is a unique, cost-saving, remote contract staffing solutions for the insurance industry. Using an innovative work-at-home model, WAHVE employs skilled insurance retirees located in the U.S. who understand the industry's technology, culture and language. By outsourcing to WAHVE, insurance firms can leverage these qualified, experienced, and tech-savvy retirees to significantly lower costs and improve profitability. Founded by executives with more than 30 years of insurance agency, technology and service-center experience, WAHVE is the only domestic alternative to offshore remote staffing for insurance firms (including agents/brokers, wholesalers, insurers, and vendors), providing back office and customer services on a full-time, part-time or temporary basis.