loan,banking and credit
*Loan,banking and credit>>>insurance industry

I am a commercial insurance producer. What are the most profitable industries to go after?


I just got started in commercial insurance, property & casualty, risk management, workers comp, etc. I have been told I need to find a niche to specialize in and go after it. My goal obviously is to find a market that will compensate extremely well. Thanks

Commissions are all about the same, except for workers comp which stinks for the work you have to put into it.

The big key is, finding a niche where you ALSO have a market happy to write it. Many carriers won't touch a hotel/motel. Many won't do gas stations. Pizza shops are too small, manufacturers can be high hazard. Printers are high fire hazard. Governmental entities are hard to place, and there's extreme competition, plus they get shopped out every year.

It's hard for someone ELSE to suggest a niche market that you can work in. What has worked for ME, is the video/televison production area. LOL DON'T ask me to share my markets with you!! You'll have to dig up your own, and build your OWN relationships with the underwriters. Source(s): agent, 21+ years
hotels....
the Gaming biz is boosting. there is a rumor apple is joining the big leagues with nintendo,Microsoft, and sony. you might find something there.
www.electronicarts.com - mega publisher
www.tiburon.com- orlando florida- most important studio
Motor Truck Cargo Insurance. Ever notice all those trucks on the road? They need insurance.
I'd suggest aim for wallet share. That is have a portfolio of products that can be cross-sold to the same client, and which add value to them. For example, if you insure the client's employer's liability, considering offering product liability. Perhaps fleet insurance.

And remember the add-on services, such as fleet management, health and safety training etc, etc, etc.
Tags
insurance rates insurance agent insurance broker insurance claims insurance fraud insurance industry insurance jobs insurance law insurance marketing insurance policies insurance premium
Related information
  • I am a commercial insurance producer. What are the most profitable industries to go after?
  • May I get the address of persons who are willing to work hard for high commissions.(insurance industry)?
  • Similar things between property and casualty insurance vs banking industry?
  • What are the apportunities for a doctor having experience in Health Insurance in KPO Industry?
  • How many people are employed by the financial services industry (w/o insurance) globally and worldwide?
  • Why is it i can't find qualified people to work for me? i pay industry standards for wages, less insurance.
  • I need industry average cost of term life insurance for various ages.?
  • Does anyone else work in an industry that you are offered job insurance, other than railroad?
    •    

    SiteMap--Copyright/IP Policy--Contact Webmaster
    For personal non-commercial use only.