Bonds in a Zip with Zach Mefferd, Episode #160

In this episode of The Power Producers Podcast, David Carothers and guest host Ryan Mathisen of GloveBox, interview Zach Mefferd, Co-Founder at ZipBonds. Zach explains the importance of giving your clients access to a bonding capacity and how ZipBonds is working to help agents provide that access in a simple and intuitive way. 

Episode Highlights:

• Zack discusses different sports events with David and Ryan. (3:47)
• Zack shares his background story about what made him decide to pursue this path with ZipBonds. (10:36) 
• Zack explains how ZipBonds was able to bring in different carriers with the mindset of how they can help them. (16:28)
• Zach shares the most important things we should remember about surety bonds. (21:09)
• Zack explains what they call the zip score which is integrated into the API, to understand bonding capacity better. (26:22)
• Zack shares how he exactly built the things he did as a commercial producer. (32:48)
• Zack explains that there are a lot of Virtual Assistants you can hire and help you grow your business. (37:25)
• Zack shares that people won’t understand the stress of being an entrepreneur unless they do it.  (42:16)
• Zack shares that he thinks everyone in the industry is or has already been adapting to the new technology. (53:26)
• Zach shares their plans and focuses on different connections for ZipBonds this year. (57:46)

Tweetable Quotes:

• “If you lead with surety, or find a way to help people get access to a bonding capacity that they didn’t have prior or let them at least know that they can be bonded, because a lot of them don’t, that’s stickier than anything else.” – Zach Mefferd
• “You don’t have to be the most polished, your pitch doesn’t have to be elaborate. You just have to put in the work and be consistent.” – Zach Mefferd
• “I think it’s really hard to understand all the stresses of being an entrepreneur, whether it’s insurance or anything else without actually doing it.” – Zach Mefferd

Resources Mentioned:

• Zach Mefferd LinkedIn
• ZipBonds
• Ryan Mathisen LinkedIn
• GloveBox
• David Carothers
• Kyle Houck
• Florida Risk Partners
• The Extra 2 Minutes