Facebook
Twitter
LinkedIn

In this episode of The Power Producers Podcast, David Carothers interviews Brenden Corr, Senior Director of Business Development at Loss Run Pro. Brenden shares how Loss Run Pro is helping new businesses manage loss run requests and enabling claims teams to build their workflow. 

Episode Highlights:

  • Brenden shares his background and what led him to join Loss Run Pro. (2:25)
  • Brenden explains that Loss Run Pro offers two different solutions on the market; the first is really designed to help new businesses, and the second is an entire system that enables a claims team to build out their workflow. (3:32)
  • Brenden mentions that the platform solution offered by Loss Run Pro costs $29/month or $300/year per user, and allows agencies to be far more proactive in an area that is often overlooked. (7:16)
  • Brenden believes that Loss Run Pro tells the whole story of a business, not only from an operational standpoint but also from a risk management one, as well as how the owners and the employees are behaving. (12:26)
  • Brenden shares that 68% of their clients get loss runs within three business days, which is far faster than the traditional method. After 10 days, Loss Run Pro has greater than 97% loss run retention rate. (16:28)
  • Brenden believes that creating a business plan is critical since it is the first step in knowing what is needed and what the expectations of owning a business are. (19:09)
  • Brenden discusses the importance of attending demos and being kind. (24:24)
  • Brenden shares Loss Run Pro has big plans for 2023. They’ve expanded to about 2000 agencies in under two years, which enables them to have key talks with carriers. (25:48)
  • Brenden believes that utilizing Loss Run Pro helps an agency or producer realize who’s genuine about letting them quote their business. (28:30)

Tweetable Quotes:

  • “Loss Run has two different solutions in the marketplace, the first is really designed to help new businesses. Secondly, we have an entire system that allows a claims team to build out their workflow.” – Brenden Corr
  • “Loss Run tells the whole story of a company, not only from an operational standpoint, but also the risk management standpoint, and how the owners and or employees are behaving.” – Brenden Corr
  • “We’re not trying to disrupt the whole industry, we do one thing. We don’t need a whole lot of integrations, it doesn’t need a whole lot of training, you use it, you get loss runs faster, it gives you more opportunities.” – Brenden Corr

Resources Mentioned:

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

Kyle Houck

Insurance

Solving Insurance Back Office Bottlenecks: How Automation and Compliance Tools Empower Agencies and MGAs

The insurance industry is undergoing a quiet transformation. While headlines often focus on the flashy front-end tools and direct-to-consumer disruption, the real revolution is happening behind the scenes — in the back office. From agency onboarding delays to outdated compliance workflows and manual licensing tasks, these friction points cost MGAs, carriers, and agencies valuable time, revenue, and relationships.

Read More »
Employee

Why Employee Ownership is the Key to Sustainable Agency Growth and Talent Retention

In an increasingly competitive commercial insurance landscape, agency owners are struggling to find long-term solutions for succession planning, talent retention, and business perpetuation. Many have considered private equity sales, others offer limited equity to top producers—but a growing number are discovering a more powerful alternative: the Employee Stock Ownership Plan (ESOP).

Read More »
Sales

How to Reverse Engineer Your Sales Funnel and Crush Your Q4 Insurance Production Goals

As we enter the fourth quarter, many commercial insurance producers begin to panic. Whether you’re behind on your goals or just trying to hit that final sprint, the Q4 crunch is real. But the producers who consistently win don’t treat Q4 as a Hail Mary. They plan with precision, reverse engineer their goals, and execute with ruthless consistency.

In this post, we’ll break down how you can reverse engineer your sales funnel, identify your revenue gaps, and finish the year stronger than you started. Whether you’re writing workers’ comp or cyber liability, these strategies apply across all middle market verticals.

Read More »
wholesale

Mastering Wholesale Partnerships: Submission Strategies, Underwriter Relationships, and Technology Tools for Middle-Market Success

In today’s competitive insurance marketplace, middle-market agencies must leverage every available advantage to win and retain business. One of the most underutilized yet powerful resources at an agent’s disposal is the wholesale market. By establishing strong partnerships with wholesalers, agents can access capacity, expertise, and proprietary programs that are often unavailable through direct channels. However, success in the wholesale arena requires more than simply submitting risks and hoping for the best.

Read More »
Killing Commercial Login