Five kinds of agencies. Which one is yours?
Vertafore has more than 25,000 customers in the insurance industry. 40% of all personal lines policies in the United States are stored on their servers – and more than half of all insurance businesses in the US. Vertafore is widely recognized as a world class company, by observers from both inside and outside the industry.
When they share their insights, we listen. Carefully. In this podcast episode, Doug Mohr shares important insights on what some agencies are doing right (and he ‘names names’) – and what agencies should do to embrace the current wave of change.
Specifically, Doug shares five agency prototypes – and reveals how each type of agency is responding to technology, the changing marketplace, new trends – and how they’re addressing issues of growth.
Note from Michael. One of my weekly challenges is to figure out precisely what audience would find each podcast most useful. (I realize that some of my guests address ‘niche-y’ topics, and I want my listeners to know what they’re getting into.) As I reviewed this conversation with Doug, my answer quickly became: EVERYONE. Everyone in the insurance industry would get terrific value from Doug’s insight on the state of the agency community today. Personal lines. Commercial lines. Benefits. And, in this case, this is a ‘gotta-listen’ for our growing subscribers of carriers execs, vendors, advisors and so forth. I can give everyone my word: this conversation has ‘more meat than a Texas steakhouse.’ Plus, it was a treat to spend an hour or so with Doug. As you’re about to find out: he’s a delight – and, cares deeply about insurance agents.
What are other agents & brokers doing to thrive? What are the biggest trends affecting the retail insurance agent & broker? What are the most important strategies and tactics you need to grow faster? Find out here in the Connected Insurance Podcast, where Michael Jans discusses the biggest issues affecting the independent insurance agent and broker with the industries leading figures.
One More Thing! What do you think? How will you and your peers use this to grow your agency or brokerage? Share your thoughts in the comment section below, subscribe to get updates delivered to you and *please share this if you found it informative.