Apr. 21:Are Three Legs Enough to Keep the SEMCI Stool Stable?
We recently posted on the current state of Single Entry, Multiple Company Interface (SEMCI) between independent distributors and insurance carriers. In spite of consensus on objectives and serious time, energy, and money spent over almost five decades, we are nowhere near a critical mass which would allow realization of the benefits promised. In this post, we will look at what we see as a serious structural issue which we feel has been a barrier. We believe that the major actors cannot achieve sustained success with the current, diffused organization.