Growth Coaching Systems’ Post

You've heard the saying before, "It's not what you know, but rather who you know." Well, if you leverage your relationship with your underwriter, not only will you have a better idea of what to write, but you will also have a better idea of what they personally will approve if you sell it. Take advantage of the opportunity to communicate with each carrier's underwriter, get to know them personally, and earn their trust to write better and faster business for your clients. That way, you will be able to take advantage of any Carrier Bonus Incentives that are being run at the moment. To learn more about how to use underwriters to write more and better business, join our Insurance Agency Group Coaching Program, where we discuss this topic and many more in great detail. Click the link below: https://lnkd.in/gBcJ4K8q

You've heard the saying before, "It's not what you know, but rather who you know." Well, if you leverage your relationship with your underwriter, not only will you have a better idea of what to write, but you will also have a better idea of what they personally will approve if you sell it. Take advantage of the opportunity to communicate with each carrier's underwriter, get to know them personally, and earn their trust to write better and faster business for your clients. That way, you will be able to take advantage of any Carrier Bonus Incentives that are being run at the moment. To learn more about how to use underwriters to write more and better business, join our Insurance Agency Group Coaching Program, where we discuss this topic and many more in great detail. Click the link below: https://lnkd.in/dpyrCi_j

Last week, I was at a networking event talking with a fellow business owner and was asked why I liked selling business insurance and why it would be so important. I am not sure where this thought was picked up or if it is original but here goes...... In the world of business, uncertainty is inevitable. That's where insurance comes in and why I like helping folks with it. It's more than just a safety net; it's a strategic investment in your business's resilience and longevity. From property damage to liability claims, insurance shields your business from unforeseen risks, instilling confidence in clients, investors, and employees alike. Invest in the protection and prosperity of your business today with comprehensive insurance. We all venture out in business with a leap of faith and hopefully some facts, but it's also good to pack a chute when you make the dive. Just my perspective.....

biggest lesson learned since we started our own insurance brokerage business last year: (what you think you need and what you actually need) you think you need a: 1. business plan 2. tech stack 3. website 4. big team 5. cool office what you actually need: CLIENTS! LION Specialty if you like this post, you’ll love our newsletter with exclusive insights on the global insurance market. Link in bio! And follow Mark Flippen and Natasha I. Kiemnec, ARM for daily posts as we take on the giant soulless broker machines!

Here's the topic I covered today with the members of my group coaching 12X Commission Mastermind. Millionaire Insurance Producers think different. They think BIGGER. And, they know how to get the incumbent agent fired so that they can get hired. PS: send me a DM if you're interested in knowing more about the Mastermind training.

As a business owner or risk manager, have you ever dug into your insurance policies and matched up your insurance coverage with your actual business exposure, or have you ever looked at your contractual requirements to make sure you are actually compliant. Have you ever done a deductible or retention analysis utilizing prior loss data and the financial strength of your business. If the answer is no, it is time for you to take a deeper dive. In the last 6 months, I have helped save individual businesses seven figures per year on premiums, fill major gaps in coverage, save important contracts, improve DOT roadside inspection scores, reverse denied claims, find placement in top performing captive programs, build proactive safety cultures, reduce claims activity, and helped them buy and sell businesses. True partners don't sell, they advise and partner with you to allow your company to make the best and most informed business decisions possible! Contact me directly, and we can line up our first meeting.

When excellent service is the expectation, how can you set yourself apart as a broker? Positioning yourself as integral to a client is important for many reasons, but especially for maintaining and growing your book of business. Some of the tried and true methods of building business relationships remain true here: communicating often, providing relevant or interesting industry news as appropriate, introducing them to your other clients or connections you have that are relevant to their business. But this isn't enough to make you invaluable. Becoming "stickier" or more integrated is a great start. Diversifying the products and services you can provide clients, such as ancillary insurance, will create additional value to the company. The key to becoming a long-term constant for your clients, however, is to tie your value not just to the variety of services you provide, but also to the knowledge and responsive expertise you can offer that benefits their business without directly benefiting yourself. Positioning yourself as important to client success rather than just a seller of benefits is one of the best ways to become irreplaceable for your clients. https://lnkd.in/gRcTA3fR

We don’t have “Sales” People at ALIGNED. No one likes “being sold” and that’s why the person you start working with as a prospect becomes your partner. Business insurance requires a thorough understanding of your operations, exposures, risks and more. Whether you are considering our services or renewing your coverage, we advocate for you! https://lnkd.in/gS6jVF3

 Businesses thrive when they connect with authentic individuals whom customers prefer. Here's what that looks like: Trustworthiness: Being genuine and transparent makes individuals more trustworthy. This transparency builds trust, a crucial foundation for successful business relationships. People are more likely to trust the intentions and actions of someone authentic, making it easier to develop a strong working relationship.  If you need business insurance, please call the office today.

In "Protecting Your Business," David Phung delivers an essential resource for business owners navigating the complexities of commercial insurance. Drawing from his extensive experience in the industry, David breaks down the various types of commercial insurance, including property and asset protection, liability coverage, and employee compensation. With a keen understanding of risk management, he emphasizes the importance of customizing policies to meet specific business needs and ensuring financial stability through appropriate coverage. This comprehensive guide not only helps business owners protect their assets but also offers practical strategies for mitigating potential risks and enhancing business reputation. Whether you are a seasoned entrepreneur or just starting out, this book provides invaluable insights to safeguard your business and achieve peace of mind.