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Power of the Past — Force of the Future!

Welcome to MAIA’s Big Event 2019

October 31-November 3, 2019

Boston Marriott Copley Place

Course Materials

10 Objectives Every Successful Agency Practices

Kelly Donahue-Piro

Sponsored by

10 Objectives Every Successful Agency Practices

Team Details

MEET OUR TEAM

MEET AGENCY PERFORMANCE PARTNERS

● Founded in 2014

● Helps Agencies Become Ridiculously Amazing

● Focuses on Training, Coaching, & Consulting In:

○ Retention

○ Sales

○ Customer Experience

○ Leadership

○ Marketing

● Located in Teeny Tiny Rhode Island

● Clients Across the US & Canada

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GROUND RULES

TOP AGENCY STATS

Top Agency Stats

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● 1200 + Agency Responses from the US and Canada

● 5 Years of Data

● Collected via our Agency Assessment Survey

○ Secret Shopper Calls

○ Analytics Review

○ Onsite Interviews

○ Planning Day

○ 90 Days of Follow Up & Follow Through

Top Agency Stats

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Top Agency Stats- How Stressed Are You At Work?

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Top Agency Stats- How Stressed Are You At Work?

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Top Agency Stats

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Top Agency Stats

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Top Agency Stats

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TeamManagement

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10 OBJECTIVES EVERY SUCCESSFUL AGENCY PRACTICES

Objective #1Routine Work & Development of Agency Culture

Preferred Insurance Agency Coldwater, Ohio

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Objective #1Routine Work & Development of Agency Culture

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● You Make Insurance FUN

● Daily Happy Hour (or 15 Minutes)

● Celebrate Successes & Wins

● Be Tiggers and Reject Eeyores

● Give Back to the Team & Your Community

● You, The Leader, Has Passion

Objective #2Forever Recruiting

From Blue Marsh InsuranceHoney Brook, PA

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Objective #2Forever Recruiting

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● The BEST People are Not Readily Available

● As the MARKET Changes, You Need to CAPITALIZE

● People are Your BIGGEST Investment

● Be Prepared in the Event that Someone LEAVES

● Hire Out of PREPARATION, Not DESPERATION

Objective #3Consistent Agency Meetings

Hartman EllisAllegan, MI

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Objective #3Consistent Meetings

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● You Must Meet WEEKLY

○ Success/Lesson

○ Metrics

○ Stumbling Blocks

○ One Word Close

● Focus on Working as a Team & Stay Focused on a Goal

Objective #4Leadership

Sava Insurance New London, CT

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Objective #4Strong, Centralized Leadership

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● There MUST be a Leader at the Top

● Quarterly Employee MEETINGS

● Setting the MISSION & VISION

● Identifying Your CUSTOMER EXPERIENCE

● Investigating TECHNOLOGY

● Accountability, Execution, & Innovation

Objective #5Performance Feedback Loop

Stromsoe InsuranceMurrieta, CA

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Objective #5Feedback Loop

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● Create a Culture of PERFORMANCE

● You Need 2-way Feedback from Your Team

● Biggest Investment is People; DEVELOP Them

● COACH Them, Don’t Discipline

● Team Members WANT Structure

● Outlast the SUCK

Objective #6Goal Setting With Incentive Plans

Tetrault Insurance New Bedford, MA

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Objective #6Goal Setting with Incentive Plans

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● You Need to Set and Communicate GOALS

● Retention, New Business, & 1 PROJECT

● Set a Clear Strategy for SUCCESS

● NEVER Give Time Off as an Incentive

● GROUP vs. INDIVIDUAL

○ Producer: Individual

○ Service: Team

Objective #7Technology

Holley Insurance Boones Mill, VA

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Objective #7Agency Technology

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● Embrace IT

● More People or Better Use of PROCESSES?

● Get INVOLVED

● Email, Text, Apps, Management System, Proposal

Software, Reporting - Make it Happen!

● Have a Project PLAN for Rolling out New Technology

Objective #8Consistent Training

Insurance Management GroupMarion, Indiana

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Objective #8Consistent Training

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● It’s MORE than CE Credits

● Handling Rate Increases

● Customer Experience

● Sales

● Marketing Strategy

● Teamwork

● To be the BEST, You Must Train

Objective #9Marketing & Branding

Paradiso Insurance Stafford Springs, CT

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Objective #9Marketing & Branding

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● Your Agency Needs a BRAND to COMPETE

● Why YOU? (Can’t Use Price or Service)

● Make Your Agency Special for Prospects

● Who Would YOU Want to Do Business with?

● It’s a SMALL Expense When You Provide a Service

Objective #10Target Markets

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Objective #10 Target Markets

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● Who Do You Want to WRITE?

● How Will You Serve Them BETTER?

● WHERE are They?

● What is Their LIFE Like?

● What’s IMPORTANT to Them?

● It’s not about YOU; it’s about THEM

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OUR PHONE401-415-6205

OUR WEBSITEagencyperformancepartners.com

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