An agency owner dreads the scenario that an employee leaves the agency and takes customers, prospects, employees and proprietary information with him or her to a new job. When this happens, the agency loses more than its investment in the employee.
A penny saved can be worth a lot more in business. When an insurance agency saves a penny through better carrier compensation, it can be worth a dime or even more.
Many agency owners wonder how many times they have to spend $100,000, $150,000 or even $250,000 on producers that never make it before owners find ones that do. Learn teh steps to either give it up or do it right.
The last few years have been a bloodbath for agents, especially commercial agents. Prices have not been this soft since World War II. While the rest of the economy is just beginning to fear the possibility of
Focus, specialization and expertise in a specific area are keys to success. A November 2005 Best's Review article described how highly focused niche carriers outperform their larger and more diverse competitors