Agency Growth

What is Growth of an Agency?

For any agency, the toughest and the most crucial part is acquiring new customers. So, any agent would invest the maximum amount of his/her time in this part of the business. He would carry out thorough background research for the new customer, decide on the parameters that will affect his insurance, and finally, give him convincing premium options. Growth is when this customer stays forever, and his next premium becomes only a matter of follow-up, renewal, or a re-quote with minor adjustments. Most importantly, your commission remains the same even the next time and you invest more time in acquiring new customers.

How to ensure growth?

Growth is not a moment or a sudden realization. It is a process designed with all-around considerations and impeccable domain knowledge. Once you convince your customer, the ensuing steps – background research, premium calculation, various entries, filling up applications, etc. – need to be carried out through a reliable and robust mechanism. This gives consistency to the operations and ensures trustworthy outcomes every time. growth.insure steps in exactly at this crucial point to handle all your back-office work and let you be free for new customers. Thus, ensuring growth.

Why growth.insure?

To begin with, your financial status keeps improving as your agency grows. But apart from this obvious advantage, your business becomes more substantial when its presence is registered across a plethora of customers. Growth also means you improve yourself with the technological advancements of the time.

With growth.insure, we ensure every step you take is towards a better state. We at growth.insure commit to providing you the best service through our highly trained team of analysts so you can get more time for sales & marketing while we take care of the pre-sale & Post sale needs. This provides you virtually unlimited opportunities to reach out to new customers by using traditional methods or explore new-age marketing strategies to grow your business.

Knowledge and Skills

Comprehensive Knowledge of different Line of Businesses And their terminologies, underwriting guidelines, quoting methodologies, policy writing processes.

Home

Homeowners (HO3, HOB, HOA), Renters (HO4), Dwelling Fire (TDP1, TDP2, TDP3), Condo (HO6, HOB-CON), Vacant Dwelling.

Auto

Vehicles, Motorcycle, Boat, Trailer & Commercial Auto.

Other

Earthquake, Flood, and Commercial.

Opportunities & Competitive Challenges for Independent Agents & Brokers

Independent agents continue to hold a large piece of the commercial market at 84.5%, according to the 2020 Market Share Report
How we can measure the growth of an agency? Is it about retention or new business? There is no easy answer.
How to measure? Is there really a way to measure the growth?
Is it possible to grow for an independent agency?
What are the key leavers of GROWTH?
5‐Year Market Share Percentages for Personal Lines By Distribution Channel
Captives Agency Writers Direct Response
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