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Independent & Growing- the battle smaller brokers face

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Manage episode 363479993 series 2500398
Content provided by The Insurance Podcast, Pete Tessier, and Curt Wyatt. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Insurance Podcast, Pete Tessier, and Curt Wyatt or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

We came across this episode's guest, Alyssa Keyes, by chance as her compelling and troubling LinkedIn post came up in our feed. Alyssa and the brokerage she works for know all to well where the attention is focussed by many national insurance companies- consolidators and aggregators. It's easy work for the business development reps- get scale quickly, meet your targets and relax.

That's partially true but in an era of required profitable underwriting by line of business that many insurers strive for but it comes at a cost, missing out on opportunity. There is a lot of growth, profitable growth for companies by working with brokers who know their market, know how to grow in it, and know where not to grow, Alyssa shares her story and the outcome that happened after she went 'public' with the response from that rep and company.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

225 episodes

Artwork
iconShare
 
Manage episode 363479993 series 2500398
Content provided by The Insurance Podcast, Pete Tessier, and Curt Wyatt. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Insurance Podcast, Pete Tessier, and Curt Wyatt or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

We came across this episode's guest, Alyssa Keyes, by chance as her compelling and troubling LinkedIn post came up in our feed. Alyssa and the brokerage she works for know all to well where the attention is focussed by many national insurance companies- consolidators and aggregators. It's easy work for the business development reps- get scale quickly, meet your targets and relax.

That's partially true but in an era of required profitable underwriting by line of business that many insurers strive for but it comes at a cost, missing out on opportunity. There is a lot of growth, profitable growth for companies by working with brokers who know their market, know how to grow in it, and know where not to grow, Alyssa shares her story and the outcome that happened after she went 'public' with the response from that rep and company.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

225 episodes

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