Description
Selling in a Hard Market offers practical advice to incorporate into your agency, individual risk, and company strategies.
The very competitive and soft insurance market appears to be changing, at least in certain segments of the business. High-risk property and worker’s compensation rates are rising in some states. Homeowners’ premiums in geographic areas significantly damaged by storms and wildfires are increasing. Some carriers are even refusing to write homeowners coverage at all without a supporting auto policy.
By reading and discussing Selling in a Hard Market, insurance professionals will learn 27 tips to learn how to deal with customers faced with price increases or coverage restrictions.
- Form Relationships Based on Trust
- Create Vertical Client Relationships
- Tell Them Before They Tell You
- Practice Ambassador Techniques
- Eliminate Negative Thoughts
- Inform Your Circle of Influence and Referral Sources
- Qualify New Business
- Help Your Clients Lower Their Overall Cost of Doing Business
- Commit to Your Client
- Prepare for the Unexpected
- Pay Close Attention to Your Companies
- Become the Expert
- Hold Meaningful Sales Meetings
- Keep Visible With Your Clients
- Use Effective Negotiating Techniques
- Keep Up With the Competition
- Diversity Your Business
- Be a Solution Provider
- Cultivate New Company Relationships
- Realize Decision Makers May Change
- Get Help When You Need It
- Recommit Yourself to Personal Development
- Be There After the Sale
- Prepare for Objections
- Offer Payment Options
- Reinvest Your Additional Resources
- Position Yourself for Future Sales