Geographic Dominance.
MGA wanted to expand into additional territory in a mature business. The companies in that business had long-standing entrenched relationships. A differentiator was needed to disrupt existing relationships.
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MGA wanted to expand into additional territory in a mature business. The companies in that business had long-standing entrenched relationships. A differentiator was needed to disrupt existing relationships.
Rhulen Specialty:
Developed differentiation strategies to assist in taking business in new geographic areas from entrenched competition.
Developed program-specific tools to make existing and newly developed business “sticky.”
Analyzed existing book and causes of loss and developed tools to specifically target frequency and severity.
Provided plans, processes, procedures and thought leadership.
The benefits that flowed to the Insurer Included:
Gaining more market share.
Finding new ways to engage insureds that didn’t exist before.
Changing value proposition.