Hi Everyone,
I am a new p and c agent. I was working for a major bank as a financial adviser. In 2009 we were all downsized. I already had about 20k a year in renewals from group health insurance clients, that I acquired as a side business. When I was downsized I decided to get licensed and start my own P and c shop out of a small office in a building. My office is not on a retail strip or a busy area. It's on the second floor of a residential area.
So I passed my exam with flying colors. Joined the PIA and signed up to take the CIC courses. I was appointed with Progressive and pay a decent price for 1mil in E and O coverage. I went to most people I know for business, and I realized commercial is great because of the higher premiums but personal lines suck. I found myself competing for nickels. Seems like no one cares about having a person to call. I use a lot of mga's some are great others treat you like an ***.
So far without any background in insurance and 2 years in, I managed to scrape about 85k in premiums. I know pretty crappy but I am learning.
NOW THE PROBLEM. I have hit a 20 foot brick wall. I have exhausted all my warm sources, and I am having a hard time moving forward. To the point where it's frustrating.
I am a go getter but also I get easily discouraged I am married and have a children, I am 33 years old. I am by myself in the office.
Please from all the experienced agents, advice advice. please don't be shy. All help will be appreciated. I don't know where to go next and I don't want to close the down my business.
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BTW. I do not have a marketing plan.
I am a new p and c agent. I was working for a major bank as a financial adviser. In 2009 we were all downsized. I already had about 20k a year in renewals from group health insurance clients, that I acquired as a side business. When I was downsized I decided to get licensed and start my own P and c shop out of a small office in a building. My office is not on a retail strip or a busy area. It's on the second floor of a residential area.
So I passed my exam with flying colors. Joined the PIA and signed up to take the CIC courses. I was appointed with Progressive and pay a decent price for 1mil in E and O coverage. I went to most people I know for business, and I realized commercial is great because of the higher premiums but personal lines suck. I found myself competing for nickels. Seems like no one cares about having a person to call. I use a lot of mga's some are great others treat you like an ***.
So far without any background in insurance and 2 years in, I managed to scrape about 85k in premiums. I know pretty crappy but I am learning.
NOW THE PROBLEM. I have hit a 20 foot brick wall. I have exhausted all my warm sources, and I am having a hard time moving forward. To the point where it's frustrating.
I am a go getter but also I get easily discouraged I am married and have a children, I am 33 years old. I am by myself in the office.
Please from all the experienced agents, advice advice. please don't be shy. All help will be appreciated. I don't know where to go next and I don't want to close the down my business.
- - - - - - - - - - - - - - - - - -
BTW. I do not have a marketing plan.
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