Can I Really Start an Insurance Agency With No Experience?

August 2, 2022

You’re drawn to the idea of getting into the insurance business for so many reasons. You know it’s a product that most people need, and hang onto, even during difficult financial times — like a recession. And it allows you to leverage your personal and professional contacts as prospects for your new venture. It also gives you the chance to specialize in developing a niche clientele. That sounds great in theory, but there’s one hitch — other than having policies of your own, you have no insurance experience.

 

Is this a dealbreaker?

 

It’s not if you partner with We Insure. We offer a turnkey solution for aspiring entrepreneurs just like you who want to break into the insurance industry but aren’t sure how. Our proven business model is a complete, end-to-end solution, providing start-up, operational, back-end, marketing and sales support so that you can stay focused on growing your book of business. Here’s how we do it — and how you can too.

 

Operational support. We Insure will service your policies, providing front-end underwriting and data entry services. We’ll handle policy changes and renewals and assist you in finding and training a dedicated agent in charge. This experienced insurance pro will manage the day-to-day operations of your agency.

 

Carrier administration. Your support team will handle licensing and contract management for all your carriers, as well as compliance and auditing requirements. We’ll keep track of everything for you — right down to managing your passwords. 

 

Accounting and reconciliation. You’ll receive a consolidated monthly commission statement. As your business grows, our cloud-based system will track your producers and commission splits.

 

IT infrastructure. We Insure has invested heavily in state-of-the-art IT infrastructure to maximize efficiency and data security. Our fully staffed IT department can respond to any technical issues that arise. An innovative phone and customer management system tracks customer interactions. And rest assured, all your data is stored securely in a private, cloud-based data center.

 

Marketing. We’ll set up your business website and an online customer review system as well as your social media profiles. We provide renewal campaigns, target market strategies and professionally written and designed content to promote your agency.

 

Back-end support. Our dedicated support team will take care of answering customer questions, dealing with carriers as well as processing policy renewals.

 

Sales. You’ll never lose out on valuable cross-selling opportunities when you let We Insure take the reins. Our customer support team is specially trained in cross-selling and will take every opportunity to do so when interacting with your customers in reviewing policies.

 

Low Operating Costs. We’ve done a lot to ensure that cost isn’t a barrier to entering the insurance industry. Our agents save $30k to $90k per year by not needing customer service agents on their payroll. And our affordable start-up requirement is one of the reasons We Insure was identified by independent franchise research firm, Franchise Business Review, as one of only 50 franchises to qualify as a 2022 Top Low-Cost Franchise.

 

With We Insure, you really can go from zero experience to owning and running your own insurance agency. We’ve laid the groundwork for you so you can do what you’ve always known you can — grow a thriving, successful business.

 

We Insure is rapidly changing the national insurance landscape with 200+ agencies across the U.S. and growing rapidly. So don’t delay in beginning your entrepreneurial journey. Get started now, and We Insure will be by your side every step of the way.

The information contained in this page is provided for general informational purposes only and may not be applicable to all situations. We Insure makes no guarantees of results from the use of this information.