In the fast-paced world of insurance, it’s easy to focus on bringing in new clients, but the true cornerstone of long-term success lies in engaging with and retaining your existing clients. One powerful way to achieve this is through proactive policy reviews. Imagine a client who feels valued, cared for, and confident that their insurance […]
Unlocking the Power of Gen Z As an independent insurance agency owner, you’re always looking for ways to stay competitive, adaptable, and forward-thinking. Enter Gen Z—a generation that’s not just tech-savvy, but also brings a fresh perspective on innovation, communication, and problem-solving. Yet, despite their obvious potential, many agencies still struggle with how to effectively […]
Here’s a list of 8 fall strategies every independent insurance agent should implement to engage clients and enhance their business: 1. Review and Adjust Coverage Annual Policy Reviews: Encourage clients to review their policies before the year ends, ensuring they have adequate coverage for the winter months ahead. Wildfire and Storm Coverage Checks: Fall is […]
To successfully achieve annual new business plans, small business insurance producers should understand five key metrics and concepts to be effective. Agency/Producer Hit Ratio Tracking the hit ratio (aka closing ratio) overall and by class of business can help producers identify where to focus. Low hit ratios may be the result of not having the […]
Low unemployment and increasing wages make attracting and retaining talent more difficult than ever. Employees have more options when choosing where they want to work. A recent hire told me they chose our office between six different offers that they got in their first two weeks of looking for a new job! With all that […]
Policy renewal increases and customer quote requests are keeping agents busier than ever. With a finite amount of time available and knowing that it is unrealistic to expect agents to apply equal attention to all incoming work, effective prioritization becomes critical. One way to address this challenge is by developing a segmentation approach for Personal […]
Creating a successful growth agency starts with having a focus on recruiting and hiring. Building upon that for the long-term, successful agency owners make ongoing training and internal development a priority. Integrating training and development into an agency’s overall operations can be challenging. The components and resources available will vary from agency-to-agency. Typically, best practice […]
