The Future of P&C - Bright or Bleak?

Apr 10, 2016

  1. GXR2
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    GXR2 Super Genius

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    I meant "you" as the group. Why would they do that? T can't be that good of rate. Was it policy features?
     
    GXR2, Apr 14, 2016
    #31
  2. shawnmwalker
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    shawnmwalker Guru

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    Anyone want to weigh in here with new perspective......
     
  3. Markthebroker
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    Markthebroker Guru

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    I am a commercial p&c agent. I actually insure a company that sells life insurance online with 0 human communication.
     
  4. Markthebroker
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    Markthebroker Guru

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    Yes. I am commercial p&c. 0 personal, and very little life. The future looks good for me. I see the internet taking a bit more of a bite out of my business, but not much.

    If I was selling life or personal insurance, I would be worried.
     
  5. J2727
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    J2727 Super Genius

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    How do you market your agency in the commercial P&C space?

    Any specific niches?
     
    J2727, Jun 3, 2019
    #35
  6. Markthebroker
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    Markthebroker Guru

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    I do 0 advertising.

    About 50% of my premium is repair and body shops. These guys are highly networked and I am very good from practice at asking for referrals. The rest of the business comes in from my phone ringing from word of mouth. Business owners are generally pretty bright people. If you go out of your way to try to help them, they can usually see that, and they tell their friends. Then they call me, buy insurance, and tell their friends, and on and on.
     
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