Could New Insurance Players Disrupt the Market?

By Marty Agather | April 28, 2015

  • April 28, 2015 at 3:13 pm
    Mr. Solvent says:
    Well-loved. Like or Dislike:
    Thumb up 16
    Thumb down 1

    The sky is always falling isn’t it? We as agents need to sell our value and I’ve been saying that for years. If we continue our race to the bottom (see franchise shops as opposed to local agents), we will eventually pay for it. Google, Walmart, and Overstock aren’t going to be any worse than direct writers. That said, it may in fact be something some day.

  • April 29, 2015 at 1:21 pm
    knowall says:
    Like or Dislike:
    Thumb up 4
    Thumb down 1

    the sky is not falling but in an increasingly more expensive world many propects only care about the price; not too worried about great, friendly and thorough local service, reasonable policy coverages or someone who cares. The ones who do care are the ones we fight over.

    • May 1, 2015 at 10:41 am
      Mr. Solvent says:
      Like or Dislike:
      Thumb up 7
      Thumb down 0

      You make the foolish assumption that you can’t have it both ways. One of the reasons I’m in the independent realm is to have options for my customer, even the price shoppers. As long as I show that I’m worth their premium dollars more than a computer or 800 number, I’m not concerned.

      If you only chase after those “high value” clients, you too will feel the pain of a changing market. There’s plenty of business for all channels and competition is a good thing.

  • May 4, 2015 at 12:33 pm
    David says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Well, the captives are becoming closer to extinction. Independents have a few more years left…..

  • May 4, 2015 at 1:52 pm
    insurance_guy says:
    Like or Dislike:
    Thumb up 1
    Thumb down 0

    This sites will only have an impact on consumers that already shop online. The one difference maker I see is Walmart. I remember that when Costco started offering insurance through IDS, we lost a few accounts. Walmart could be the same but on a much larger scale.



Add a Comment

Your email address will not be published. Required fields are marked *

*