The Automatic Insurance Agency

28 Episodes

Reverse

29. Sales Mastery Stages for Insurance Professionals

2024-04-1107:16

Go beyond merely selling… or selling competently… and learn how to connect with your prospects in their preferred way of learning, interacting, and buying.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session

27. Paying Profitable Base Salaries in Your Insurance Agency

2023-11-0916:59

Make Each Team Member Profitable by Rewarding them for Retaining Your Renewal BookPay base salaries based on the amount of business each team member services / renews to create fair compensation, high employee retention rates, and long-term profitability.Offer draws or advances against bonuses to attract talented individuals hesitant to work for commission-only. Evaluate each employee's profitability and their contribution to the agency's revenue.Confirm that employees with base salaries generate enough renewals to make the agency & the owner a profit.Paying a base salary to a P&C Rainmaker who only focuses on business acquisition (and does no service or retention work) can result in financial losses for the agency.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session

26. Staffing Your Insurance Agency for Optimum Profit

2023-11-0319:36

Save $25k to $50k or More in Staffing Expenses This Year & Every Year by Having the Right Number of Team Members at the Right Base Salary AmountStaffing the agency profitably and prioritizing the renewal agency, focusing on PNC renewals, is crucial.Determining the right number of team members can be challenging and often relies on inadequate information.Analyzing income statements separately for renewal and first-year sales agencies is recommended to ensure profitability.Overstaffing can be costly, while proper staffing can lead to significant savings and financial growth.Paying base salaries helps incentivize employees to generate renewal sales, which are crucial for stability and success.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session

25. The 1st (Profitable) Hire for Your Multiline Insurance Agency

2023-10-1919:26

Many insurance agency owners start as solopreneurs and get caught by the golden handcuffs of their profit MARGINS without focusing on growing TOTAL NET PROFIT.Learn WHO should be your best hire, so you do it safely & affordably.Simplify your hiring process by focusing on tasks, levels, and skills rather than personal preferences.The easiest tasks to train and delegate should be prioritized to minimize time and money investments.Don’t overcommit while making a new hire and not neglecting the decision altogether.Evaluate the return on investment of time and income when considering delegating tasks.Hire a personal assistant to free up time for high-impact tasks.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session

24. Staffing Your Insurance Agency Dynasty

2023-10-1217:22

How Insurance Agency Owners Staff Profitable Multiline Agencies that are Great for Decades -- So They Never Have to Retire. Learn which producer roles to hire... Learn how many to hire... Optimize Auto & Fire Insurance sales... Hire producers to pivot to Life, Health, Disability, Long Term Care & Bank Sales... Hire commission only P&C producers to grow your book... Develop Client Review Specialists to increase your multiline sales conversion rate... Bring in a talented office manager / personal assistant... Escape the day-to-day operations of the agency... Do what you do best & enjoy most in the agency and delegate the rest... Work Less, Make More & Create Your Most Desired Lifestyle...START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session

23. Treat Your Agency Like a Camry, Not a Lamborghini

2023-08-1005:50

How to get the most from your insurance agency by having expectations that are grounded in fundamentals and reality.HIGHLIGHTS[00:35:86]: Growing Your Agency Too Fast Often Leads to Fast Losses[01:19:33]: Long-Term Agency Growth is Based on Relationships[02:13:81]: Only Grow with Those Who Will Be With You in 10 Years[03:02:94]: Diversify Your Insurance Agency or Business Portfolio if Bored[03:49:63]: Don’t Try to Turn Your Agency (a Camry) into a LamborghiniSTART WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session

22. Should I Hire an Unlicensed Person

2022-12-2105:55

When you should not hire an unlicensed person, plus when and how you should hire a person without a license.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session

21. How Should I Compensate a Top Performer to Train Others

2022-12-1407:04

Reward your best team member(s) Abundantly, Fairly, & Safely for developing new team members, so you can focus on what you do best.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session

20. Should I Train New People Deep or Broad?

2022-12-0514:01

Create a team member development plan that minimizes turnover costs & maximizes learning.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session

19. How to Attract Top Performers to Your Insurance Agency

2022-04-2206:44

How to be the preferred place of employment for the best performers in the insurance agency industry.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session

18. Many Parts of Your Insurance Agency Should Be Very Boring

2022-04-1406:17

If things at your insurance agency are too exciting, you might be doing something wrong. Learn about what should be boringly consistent in your business.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session

17. The Firing Decision - Asset, Liability, or Non-Factor

2022-04-0710:00

Many insurance agency owners struggle with deciding when to fire an underperforming team member. The answer to this simple question can save you tens of thousands of dollars and hundreds of hours of time.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session

16. Overstaffing - The Costly Danger for Newer or Smaller Insurance Agency Owners

2021-10-2111:01

When newer or smaller agents get impatient with the speed of their agency growth, overstaffing can lead to $10,000 to $50,000 or bigger mistakes. Learn how you can identify this and take action to fix it.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session

15. Lifestyle - Step 12 to Create an Automatic Insurance Agency

2021-10-1407:50

Make sure the agency is working for you, so you can enjoy the freedom to enjoy life outside of work with this simple schedule. That's why you started the business, right?START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session Now

14. Profit - Step 11 to Create an Automatic Insurance Agency

2021-10-0708:27

You have (at least) TWO businesses in your agency… Your Renewal Business and your New Business. Both need to be profitable for things to go smoothly.Too often, agency owners get distracted by the allure of recognition and rewards to the point of overspending on acquiring new business by “borrowing” money from their Renewal business.Everything starts, begins, and ends (hopefully) with profit. When you keep this at center of all your decisions, things become MUCH easier.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session Now

13. Recruiting - Step 10 to Create an Automatic Insurance Agency

2021-09-3008:24

Implement a delegable recruiting process that filters out the wrong people and attracts the right ones.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session Now

12. Delegation - Step 9 to Create an Automatic Insurance Agency

2021-09-2807:56

Do your Highest Impact & Highest Income work and delegate the rest to talented team members, freelancers, and independent contractors.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session Now

11. Multiline Sales - Step 8 to Create an Automatic Insurance Agency

2021-09-2307:10

Implement a simple process to initiate and conduct multiline reviews to help your clients Find the Money to Protect their Income, Loved Ones, and Assets and uncover Life, Health, Disability, and other insurance product sales.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session Now

10. Pivoting - Step 7 to Create an Automatic Insurance Agency

2021-09-2108:02

Get producers asking about Life, Health, Disability, Umbrella policies and more... right from the Auto or Home policy conversation.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session Now

9. Acquisition - Step 6 to Create an Automatic Insurance Agency

2021-09-1507:13

Make your new business acquisition sales processes multidimensional to increase your sales options and volume.START WITH THE eBOOKGet the free ebook The 23 Reasons Most Insurance Agency Owners Can't Enjoy a 3-Day Weekend Lifestyle - And How to Fix ThemSCHEDULE A STRATEGY SESSIONWe’ll Discuss YourBiggest Goal - If you or your agency could only achieve 1 thing in the next 12 months, what would it be?Value of Biggest Goal - What's it worth to you (money, free time and / or happiness) to achieve this goal? Biggest Frustration - If you could "fix" 1 thing in your agency in the next 12 months, what would it be?Frustration Cost - What is your biggest frustration COSTING you (money, free time and / or happiness)?Then, We’ll Discuss the Plan & Expected ResultsWhich goal(s) are likely to be achieved and how long it usually takes, based on our experience.The best way to help you achieve your goals, based on your style and time available to implement.Your anticipated time investments & money investments.What guarantees we can makeSchedule a Strategy Session Now

#box-pro-ellipsis-171385358613010{-webkit-line-clamp:2;}The Automatic Insurance Agency