Workers Compensation Insurance brokers boosted by price increases, better economy
According to Business Insurance, rising prices and improving economic conditions buoyed the collective fortunes of the largest publicly traded insurance brokers during 2011.
The article goes on to say that “Better prices hit brokers pretty quickly because, unlike insurance companies, (brokers) don't earn their commissions over time.”
All this is great news for brokers who are able to win new nice-size accounts and reap the immediate benefits of higher commissions!
The question is, what immediate value can a broker offer to sign up new clients and to keep current clients? A value-service that offers fast results with a bang! Wow your current and prospective clients with some type of refunds, where they get cash back returns with no out-of-pocket expenses and you will certainly win.
You can read the full article in Business Insurance here.