@leosidd It's always tough to see great talent move on. Especially for what you are doing with Sales AI for complex industries. Keep up the great work! I'm sure you'll find more quality talent as time goes on. 💪
@casey__allen@davemao@Enstratius I met @davemao for a meeting.
He later selected me to be apart of his exclusive startup group with selected founders.
I was honored to be apart of it.
It was great knowing. God bless.
This impacts agent livelihoods on new business + consumers having more options.
Why most captive agents end up going independent.
#insurance
https://t.co/P0zetsExBs
Many insurance agent’s journey
- Get licensed
- Started out as a CSR
- Started out on the captive side
- Finally, went to the independent side
- Stayed independent
It’s about compounding
Start now, and you’ll be thrilled in 5 years!
Insurance Agent Stat’s
- Gender ratio: 51.5% Male, 48.5% Women
- By race: 65.8% white, 16.1% Hispanic, 9.4% African American and 4.9% Asian
- Average age: 46.1
- Degree level: 51% Bachelor, 21% Associate, 15% High School Diploma, 6% Master
You make a lot of premium by doing one thing really well.
By niching down.
You keep your premiums by diversifying how you make it.
By writing many lines of business.
Top 4 States That Have The Most Insurance Agents
1. California - 44,190 agents
2. Texas - 41,230 agents
3. Florida - 39,430 agents
4. New York - 20,800 agents
What state are you in?
An easy way to generate more leads, for insurance agents
1. Get 5-Star Google Reviews
2. Create a customer referral program
3. Build a strong network
4. Create content around a specific niche
Learn to create systems.
Trying to become a carrier amongst thousands of legacy carriers and “disrupt” it is difficult due to the data gathering. The smart way would to acquire a carrier, get the data, analyze it, then create you new model.
At the end of the day, it’s about speed. How fast customers can buy insurance without all the complexities and find great rates.