Last Updated on: August 15, 2022
Facebook
Twitter
LinkedIn

In this episode of The Power Producers Podcast, David Carothers sits down with Andy Mathisen from Glovebox and Jerry Conrey, CEO of Conrey Insurance Brokers & Risk Managers. Andy and Jerry share their insights on one of the lively discussions on LinkedIn regarding the classification and operation of agencies.

Episode Highlights:

  • Jerry and Andy share their insights from a recent LinkedIn discussion about agencies and how they are classified. (2:52)
  • Jerry shares his background and how he got his own company back in 2002. (8:20)
  • Andy explains that it is impossible to grow in a culture that is built on wanting to talk to every client. (13:24)
  • Jerry shares his motivation to achieve and focus on EBITA as well as maximizing the numbers at his agency. (23:58)
  • Jerry and Andy discuss why they think insurance careers are great. (30:27)
  • Jerry explains that, at his agency, every producer has an account manager, and people are associated with producers through a team approach. (36:15)
  • Jerry and Andy discuss people, operations, and how they impact an organization’s culture. (41:03)
  • Jerry explains that you differentiate your agency by defining what differentiates you from everyone else. (46:55)
  • Andy shares that different companies entail different mentalities, which require different operations, systems, processes, and staff. (49:54)
  • Jerry shares that there are people in the industry that really share useful information, and you just have to find the right platform in order to be successful. (56:09) 
  • Andy explains the new category that they have in the company called “client experience.” (58:40)

Tweetable Quotes:

  • “I recognized in this business that you have to build and maintain, if I only focused on sales, too much would be going off at some point in time.” -Jerry Conrey
  • “Who your people are is your culture, and how they communicate and how they work together and how they work within processes is what defines what your culture is.” – Jerry Conrey
  • “Growth is different from retention. In order to grow, you have to retain, obviously, but you have to make sales to keep that growth.” – Andy Mathisen

Resources Mentioned:

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

Kyle Houck

Market

The Power of Patient Prospecting: How Education, Niching, and Mindset Drive Middle-Market Success

Few industries reward consistency, discipline, and patience quite like middle-market commercial insurance. Initially, every producer starts with a different story, background, and path into the business. However, the ones who rise are the ones who learn to embrace the long game. Moreover, while success may take time, those who persevere ultimately reap the benefits. Furthermore, this industry values resilience, and those who remain committed often find themselves achieving great success in the end.

Read More »
Work

Reclaiming Purpose in a Distracted World: Empowerment, Emotional Intelligence, and the Future of Work-Life Balance

In today’s performance-obsessed culture, achieving elite status in your profession can often come with a hidden price. Tania Khazaal, known to many as Tanya the Herbalist, knows this truth firsthand. After climbing the ranks in the insurance industry and landing in the top 1% of sales professionals, she found herself at a crossroads. Despite the accolades, international travel perks, and consistent recognition, she was suffering from a quiet crisis: burnout.

Read More »
Insurance

From Confusion to Clarity: How Insurance Agencies Can Unlock Growth Through Strategic Leadership and Culture

In the fast-paced world of commercial insurance, the grind of daily operations often blinds agency leaders to the foundational cracks forming beneath them. Producers are focused on closing deals. Account managers are buried in servicing. Agency principals are juggling leadership, sales, operations, and finance. Yet in the midst of this hustle, many agencies lack the one thing that can unlock the next level of growth: organizational clarity.

Read More »
AI AGENCY

Becoming the AI-First Agency: How Insurance Producers Can Leverage Automation to Outpace the Competition

Artificial Intelligence is no longer a buzzword for tomorrow. It’s today’s most powerful tool for increasing efficiency, lowering costs, and growing your book of business faster than ever before. For insurance producers and agency owners, this isn’t a matter of curiosity or a “nice to have” anymore. It’s a necessity. The reality is that your competition may already be using AI-powered tools to identify prospects, streamline service, and close deals before you even realize you’re in the game.

Read More »

Test Message

Killing Commercial Login