Finding Peak Podcast

RHS 134 - A Brain Dump on Digital Insurance Distribution Part II

Listen Later

Became a Master of the Close: https://masteroftheclose.com


After a 3-week hiatus, The Ryan Hanley Show is back, with a deep breakdown of the trends and ideas impacting the digital distribution of insurance products in 2022.


This is Part II of a two-part series.


Don't miss this one...


Episode Highlights:

  • Ryan discusses the Reuter’s report, “Insurance Distribution: 7 Key Trends for 2022” (3:06)
  • Ryan talks about trend number 1, M&A activity, and explains that increased M&A doesn't necessarily lead to increased distribution. (5:18)
  • Ryan explains that acquiring the right agency or set of agencies can be an enormous way to increase your distribution. (8:20)
  • Ryan discusses trend number 2, the resilience of intermediaries, and what's in their books. (10:17)
  • Ryan explains trend number 3 which is ecosystems openness, and the drive to circularity. (13:33)
  • Ryan mentions that the innovation train is waiting for no one and innovation is already happening.(18:15)
  • Ryan explains why embedded insurance, trend number 6, is something that we brokers should be most scared about. (24:07)
  • Ryans shares trend number 7, customers are driving flexibility. (28:39)
  • Ryan provides two different options and or ways how you can run your business successfully. (30:08)
  • Ryan shares how he wants to deliver and be different from the rest. (33:17)


    • Key Quotes:

    • "The most opportunistic brokers are going to be the ones that can step forward and take market share from the competitors." - Ryan Hanley
    • "But from a communication standpoint, flexibility is a key driver to scalable growth, in my opinion." - Ryan Hanley
    • "I tell you today, our process isn't perfect. It's certainly not everything that I want it to be. But I know where we're going." - Ryan Hanley


      • Resources Mentioned:

      • Reach out to Ryan Hanley

      Learn more about your ad choices. Visit megaphone.fm/adchoices

      Episodes You Might Enjoy:

      • From $2 Million Loss to World-Class Entrepreneur: https://lnk.to/delk
      • From One Man Shop to $200M in Revenue: https://lnk.to/tommymello
      • Is Psilocybin the Gateway to Self-Mastery? https://lnk.to/80upZ9


      Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

      ...more
      View all episodesView all episodes
      Download on the App Store
      Finding Peak PodcastBy Ryan Hanley, Bleav