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

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

FromThe Ryan Hanley Show


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

FromThe Ryan Hanley Show

ratings:
Length:
39 minutes
Released:
Mar 3, 2022
Format:
Podcast episode

Description

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
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Released:
Mar 3, 2022
Format:
Podcast episode

Titles in the series (100)

Get unstuck and leave a mark on the world. Dive deep into the raw insights from top minds in leadership, business, and performance, delivered through conversations so candid they'll make you feel like an insider. We challenge the status quo because it's clear—conventional thinking has led many to dissatisfaction, poor health, and financial hardship. But not you. This podcast delivers the unguarded truths and actionable strategies the gatekeepers kept to themselves. Hosted by Ryan Hanley, a relentless leader and performance strategist—this is the way.