When it comes to insurance coverage, many business owners overlook the importance of third-party EPLI (Employment Practices Liability Insurance). In this blog post, we will
In this episode of The Power Producers Podcast, David Carothers and co-host Kyle Houck interview Ryan Reynolds, Principal and President of Grimes Insurance. They dive into a candid discussion about the challenges and triumphs of acquiring and modernizing an established insurance agency.
Ryan shares his journey from State Farm to owning a 75-year-old agency, detailing his strategic approach to growth and industry adaptation.
- Challenges of transitioning from a captive agent to an independent agency owner
- The process and impact of modernizing an older, established agency
- Strategies for scaling and growing an insurance business
- Building a team and fostering trust among long-time employees
- The importance of understanding and adapting to market conditions
- Ryan’s approach to client retention and education in a changing insurance landscape
- Insights into navigating and managing carrier relationships