Breaking the Bubble
Episode 69 of the Built Simple (in Insurance and in Life) podcast, hosted by Adam Brsan, titled "Breaking the Bubble" was published on April 10, 2024 and runs 51 minutes.
April 10, 2024 ·51m · Built Simple (in Insurance and in Life)
Summary
Chris & Nick discuss important insights about the insurance industry: - You cannot simply be "released to nobody" with insurance leads/contracts - you must terminate the contract or potentially go direct with a carrier. - The insurance industry can be insular, with agents congregating in online forums/groups, creating a "bubble" mentality. Branching out to other sales communities provides new perspectives - Call for more transparency and open communication in the industry, rather than hiding behind excuses or misleading statements. - Differing perspectives between independent agents and others in the industry, such as hiring downlines, commission models (100% commission vs base salary + commission), and the shift from captive to independent agents. - Differences in marketing strategies between the final expense and Medicare insurance industries, with some grassroots tactics like mailers and local events being foreign to some agents - Importance of being open-minded, not forming quick opinions, and properly evaluating situations before making judgments. - Leveraging senior living communities by setting up regular in-person meetings and seminars to connect with potential clients. Key Points: • The importance of transparency and open communication in the insurance industry, particularly around insurance contracts and releases. • The differing perspectives between independent agents and the broader insurance industry, and the need to connect with diverse communities to avoid becoming too insular. • The value of regularly engaging with senior living communities to connect with potential clients, in addition to evolving marketing strategies and the benefits of a stable base salary versus commission-only models. Don't miss out—Follow for more on insurance, business, and navigating life's twists and turns! Want to know more? Feel free to reach out if this resonated with you: [email protected] [email protected]
Episode Description
Chris & Nick discuss important insights about the insurance industry: - You cannot simply be "released to nobody" with insurance leads/contracts - you must terminate the contract or potentially go direct with a carrier. - The insurance industry can be insular, with agents congregating in online forums/groups, creating a "bubble" mentality. Branching out to other sales communities provides new perspectives - Call for more transparency and open communication in the industry, rather than hiding behind excuses or misleading statements. - Differing perspectives between independent agents and others in the industry, such as hiring downlines, commission models (100% commission vs base salary + commission), and the shift from captive to independent agents. - Differences in marketing strategies between the final expense and Medicare insurance industries, with some grassroots tactics like mailers and local events being foreign to some agents - Importance of being open-minded, not forming quick opinions, and properly evaluating situations before making judgments. - Leveraging senior living communities by setting up regular in-person meetings and seminars to connect with potential clients. Key Points: • The importance of transparency and open communication in the insurance industry, particularly around insurance contracts and releases. • The differing perspectives between independent agents and the broader insurance industry, and the need to connect with diverse communities to avoid becoming too insular. • The value of regularly engaging with senior living communities to connect with potential clients, in addition to evolving marketing strategies and the benefits of a stable base salary versus commission-only models. Don't miss out—Follow for more on insurance, business, and navigating life's twists and turns! Want to know more? Feel free to reach out if this resonated with you: [email protected] [email protected]
Similar Episodes
Apr 14, 2026 ·21m
Apr 3, 2026 ·74m
Mar 27, 2026 ·76m
Mar 14, 2026 ·84m