Last Updated on: September 29, 2023
Facebook
Twitter
LinkedIn

In this episode of The Power Producers Podcast, David Carothers and co-host Kyle Houck interview Andy Jeckells, Co-CEO at I–RE. Andy discusses how I–RE is changing the game with Repaid – a product that offers clients a risk-and-reward plan for insurance coverage. 

Episode Highlights:

  • Andy explains I–RE’s Repaid product helps high-performing mid-market clients turn premiums into profit by giving them control over their insurance coverage and letting them take on limited risk for a limited time. (8:23)
  • Andy discusses their program called Repaid which offers clients a risk and reward plan for insurance coverage, allowing them to choose their level of risk and receive a refund of premiums paid. (13:32)
  • Andy mentions that Repaid offers a unique way for producers to differentiate themselves in the homogenous insurance market, by allowing clients to take on their own risk and turn insurance into a profit center, resulting in long-term loyalty and increased lifetime value of high-profile clients. (22:34)
  • Andy discusses the importance of a hands-on approach to risk management, with a direct impact on insurance premiums. (27:08)
  • Andy believes that insurance is still a people business where building personal connections and asking in-depth questions leads to better results and identifies the best clients. (32:24)
  • Andy mentions that the moment of truth in insurance is when people realize they could lose money and have to take risks, especially when it comes to high-risk industries like sawmills, where the environment and workforce management are crucial factors. (35:13)
  • Andy shares that he is excited about I–RE’s upcoming developments in products and professional liability in the healthcare sector and that they are also working on expanding their coverage options to become a one-stop shop for brokers. (43:23)

Tweetable Quotes:

  • “I think if you are a broker and you put your clients’ long-term interests first…if you can give them something that can really help them, they will not only buy from you, they will repay you with their long-term loyalty. And that’s what these products’ been designed to do.” – Andy Jeckells
  • “What our program does for producers is something remarkable. Because we operate in a world where the product, the insurance product, is pretty much homogenous. No one has any differentiation.” – Andy Jeckells

Resources Mentioned:

The Power Producers Podcast where we are refining and redefining the sales game.

Kyle Houck

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 »

Test Message

Killing Commercial Login