From Med Device to Middle Market: Lessons on Sales, Risk Management, and Reinventing Yourself in the Insurance Industry

Insurance

Reinvention is one of the most powerful themes in the insurance industry. Some of the best commercial producers in the country did not grow up wanting to sell insurance. They had no background in risk management, nor did they come from an agency family. They found this industry after exploring other paths, discovering it when life led them to a career where performance, autonomy, and mindset determine the outcome.

That is exactly what happened with Rich Bales of The Avanti Group.

Rich’s story is not the typical path into insurance. In fact, it highlights what many top performers realize once they enter this industry. Insurance rewards grit, consistency, and a willingness to learn. It rewards those who know how to sell, build relationships, and solve business problems. It favors individuals who understand that insurance isn’t just an insurance conversation—it’s a risk management conversation.

In this long form breakdown, we examine Rich’s transition from medical device sales to middle market commercial production. We highlight the lessons that matter most for new producers. We focus on the mindset, strategy, and practical frameworks that allow someone with no industry background to build a high growth commercial book.

This is the story of reinvention. It is also the blueprint for the modern commercial producer.

The Unlikely Path: How a Medical Device Rep Became a Commercial Insurance Producer

Most producers arrive in this industry by accident. Rich’s path is a perfect example.

He graduated from Iowa State with a degree in kinesiology, along with minors in psychology and Spanish. That combination does not scream insurance. It does not scream medical device sales either. But it landed him in an operating room as a young twenty one year old teaching surgeons how to use orthopedic implant systems.

Rich’s early sales career was high intensity. He was in the operating room at six in the morning, ran cadaver labs, and traveled constantly. He earned responsibility quickly and eventually managed sales teams across several states. It was mentally stimulating, fast-paced, and high-pressure work. However, it became unsustainable once he became a husband and a father. Hotels quickly lose their charm when you have a young family at home.

Discovering the Entrepreneurial Path: A Journey of Realization and Change

Along the way, he began investing in real estate and understood the tax advantages of business ownership. He realized that being an employee meant starting over at zero every year. He also recognized an entrepreneurial streak within himself that couldn’t be satisfied inside a large corporate structure.

One day he and his wife were driving back to their hometown in Iowa. After weeks of making the same exhausting drive, Rich looked over and asked if they should just move back. She said yes before he finished the sentence. Within six months they uprooted their lives and Rich started looking for what came next.

He explored several options. Med device again. Real estate sales. Financial advising. None of them lined up with his long term vision. His father in law suggested insurance. At first he ignored it. Eventually he looked into it. And like most people, his first impression was that it sounded boring.

Then he started interviewing.

Why the Independent Agency Channel Won

Rich interviewed with several large captive organizations. Coming from a fifteen billion dollar company, the corporate structure felt familiar but also suffocating. Every conversation centered on quotas, minimum production requirements, mandatory life insurance numbers, and hitting targets that had nothing to do with what was right for the client.

He wanted autonomy, ownership and control of how he served his clients.

That led him to an independent agency. They handed him a platform and told him to go figure it out. At that moment, he did not know who his own car insurance was with. He did not know anything about the industry, language and coverage forms.

But he had something more important than that. He had the willingness to learn and the willingness to work.

The agency suggested that he start in personal lines. For the first year, that is exactly what he did.

Starting in Personal Lines: A Training Ground Not a Destination

There is a lot of debate in the industry about whether new producers should start in personal lines before moving to commercial. I have strong opinions on this. My stance has always been clear. Start where you want to finish. The sales process for home and auto has almost nothing in common with the sales process for middle market. If a producer wants to specialize in commercial, they should begin their training there.

But there is one exception.

If a producer has zero sales background, personal lines can be a low stakes environment to learn conversations. It allows a young producer to get at bats and limits the damage if they fail early and builds comfort around asking questions and collecting information.

That is how Rich approached it.

Technology also makes personal lines scalable today. Systems like Canopy Connect and other automation platforms allow producers to quote efficiently and manage volume. For some producers, personal lines is the right home. For many others, it is simply the launch pad.

Rich quickly realized this.

What he did not want was a high volume, low margin, never ending transaction treadmill. He wanted deeper conversations, strategy and meaningful impact.

And he wanted something else that most agents ignore. He wanted to focus on client experience instead of price and speed.

Why Middle Market Producers Should Stop Talking About Insurance

Insurance

If there is one message I hammer home to every producer I coach, it is this. Insurance is not the conversation. Insurance is the outcome. The moment you talk about coverage or quoting or price, you sound exactly like every other producer.

Prospects expect producers to sell them insurance. They expect producers to talk about price, endorsements, and carriers. When you show up and do anything different, you stand out immediately.

Rich learned this early.

He stopped talking about products, quoting speed, and price. Instead, he started asking questions, learning about the business, and focusing on the client. By understanding the risks first, he created a better client experience before discussing solutions.

This aligns directly with the risk management approach. When you position yourself as someone who identifies and solves business problems, the insurance sale closes itself. Buyers lean in. They ask what the next steps are. They view you as someone who brings value before you ask for anything in return.

This is one of the most powerful lessons a middle market producer can learn. If you want to stand out, focus on risk, not coverage. Focus on strategy, not quoting. Focus on questions, not presentations.

The Power of Discovery: Win the Relationship, Not the Quote

Rich set a goal in his first year to meet people, regardless of whether they were in insurance. He wanted to understand what made people successful, why they bought from certain individuals, and how they thought.He hosted more than four hundred coffee meetings in a single year.

During those conversations, he noticed a theme. Every other agent they had worked with focused on price, quotes, and speed. Nobody focused on understanding the business, discovery and on client experience.

When Rich positioned himself differently, people noticed.

Discovery is the most powerful stage in the middle market sales process. It helps determine if a prospect should even be considered, whether the business aligns with your model, where the risks lie, how to position your wedge, and how to build your timeline.

When you get discovery right, closing becomes easy.

One of the strongest strategies you can use in this stage is the free sample. Offer an experience mod analysis, a premium allocation breakdown and loss run audit. Give them something that shows your expertise before they commit.

When they see how you think, the sale takes care of itself.

Transferring Skills From Med Device to Insurance

Insurance

On the surface, medical device sales and commercial insurance have nothing in common. But at a deeper level, they share a critical similarity. Both require the ability to have high-level conversations with highly educated buyers, confidence, credibility, and a strategic approach to solving complex problems.

Selling into hospitals and medical groups gave Rich a powerful advantage. He understood how hospital systems work, the politics, financial drivers and private equity influence.

Got to know how the sales cycle changed when surgeons lost autonomy and decisions shifted to CFOs and administrators. That is exactly how large commercial insurance accounts operate. The conversation is not about a product. It is about a five year strategy and financial impact.

That made the transition into a healthcare niche natural for him.

He already knew about implant rooms worth ten million dollars that were not accounted for in property valuations and understood how to evaluate exposures and identify blind spots.

That experience now shows up in his commercial work.

The takeaway for new producers is simple. Your previous career, industry knowledge, past relationships are asset.

Sales Mindset: Overcoming Imposter Syndrome and Executing Quickly

Every producer has a moment where they question whether they belong in front of a large buyer. They question whether they know enough. They question whether they are ready. This is imposter syndrome, and it destroys more potential than any lack of skill ever will.

Rich talks openly about this. He uses affirmations daily to keep his mindset sharp. He uses affirmations daily to maintain a sharp mindset and reminds himself that he belongs and handled high-stakes selling before.

Rich also grasps the importance of execution. This is where most producers fall short. They attend webinars, take notes, and fill notebooks, but never apply the knowledge. They fail to put it into action.

Building a Commercial Agency: Opportunities and Challenges

Rich now spends almost all of his time in commercial. His agency has three junior producers. All of them are generalists and early in their careers. He is building the agency while also building a book.

He is working on hospital systems, orthopedic groups, and high value personal clients and searching for strategic verticals learning how to scale.

Private equity is changing healthcare. Acquisitions are eliminating privately held groups. Niches evolve. Producers must evolve with them.

The opportunity is significant for those who do.

Professional liability. Med mal. Property and casualty. Workers compensation. Employee benefits. When a producer can provide a unified strategy and tie risk management into the financial goals of an organization, they create stickiness. They create differentiation. They create long term clients.

This is what commercial insurance is about.

Conclusion: The Producer of the Future

Rich’s transition from medical device sales to middle market commercial production is not unusual. It is becoming more common every year. High performers from other industries are entering commercial insurance because it offers a combination of income potential, work life balance, autonomy, and long term ownership that few industries can match.

Rich’s story reminds us that the key to success is not where you start. It is how you think, learn, execute and reinvent yourself.

If you want to succeed in commercial insurance, stop talking about insurance. Start talking about risk, operational impact, strategy.

Reinvention belongs to those who move. Rich moved. And his future is bright because of it.

Insurance

From Med Device to Middle Market: Lessons on Sales, Risk Management, and Reinventing Yourself in the Insurance Industry

Reinvention is one of the most powerful themes in the insurance industry. Some of the best commercial producers in the country did not grow up wanting to sell insurance. They did not study risk management in college. They did not come from an agency family. They found this industry after they tried something else. They found it after life pushed them toward a career where performance, autonomy, and mindset determine the outcome.

Read More »

From Executive Leadership to Field Underwriting: Lessons Producers Can Learn from Aaron Puchbauer’s Transition into Middle-Market Insurance

The most successful producers in the middle market did not get there because they quoted faster, smiled bigger, or knew how to talk longer. They got there because they learned how to differentiate themselves so clearly that prospects had no choice but to see them as trusted advisors. They learned to operate like businesspeople first and insurance technicians second. They learned how to tie operational mechanics to insurance outcomes. They learned how to control their time, their pipeline, and their future.

Read More »
Commercial

From Newcomer to Contender: What Commercial Insurance Producers Can Learn from Pam Seidler’s Middle-Market Journey

The commercial insurance industry is one of the few professions where someone can enter with no experience, no connections, and no background in risk management and still build a long, lucrative career. But success is never automatic. It requires hunger, humility, curiosity, and the willingness to keep showing up even when the process feels overwhelming. That is why the story of Pam Seidler has already started making waves among new and aspiring commercial producers.

Read More »
Insurance

How AI and Automation Are Reshaping Independent Insurance Agencies

In an industry where tradition often outweighs innovation, artificial intelligence and automation are slowly but steadily reshaping how independent insurance agencies operate. The push toward smarter, more efficient workflows is no longer a matter of if—but when. While many agencies are still evaluating how AI fits into their operations, early adopters are already reaping the benefits of streamlined submissions, faster processing, and actionable data insights.

Read More »
Producers

Coaching, Competition, and Consolidation: Inside the Protege Mindset That’s Reshaping the Future of Insurance Producers

The commercial insurance industry is changing faster than ever—and not always for the better. Consolidation is accelerating. Service levels are declining. Private equity is pushing agencies to scale in ways that strip out the personal touch that once defined the independent channel. But for the producers willing to do the work, lean into mentorship, and sharpen their craft, this isn’t a challenge—it’s an opportunity.

Read More »

Responses

Test Message

Killing Commercial Login