Insurance Agency Business Plan Template

Insurance Agency Business Plan Template-83
Our modern attractive office in Smalltown, at 178 Small Street, is located in a small plaza which is owned by the principals of our brokerage. In Nexttown, we operate from an 800 square foot, one-story brick veneer building overlooking Lake Small, which again is owned by the principals of our firm.

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We are more automated than most service industries.

We are close to the customer, regardless of some insurance companies’ attempts to sever the traditional broker-client relationship.

Policies and endorsements delivered on time with minimal errors.

A commitment to an annual insurance review for all of our clients.

Click here to view this full business plan By focusing on its strengths, its present client base, and new value priced products in the next year, Acme Insurance plans to increase gross sales by 10% and profit by 15%.

Our Keys to Success and critical factors for the next year are, in order of importance: Acme Insurance Inc.Success will be measured by our clients choosing us because of their belief in our ability to meet or exceed their expectations of price, service, and expertise.In order to implement our strategic goals, we will focus on developing the following tools.We also provide insurance to small business, mostly family-run seasonal operations primarily focused on the tourist trade.Acme Insurance is a privately incorporated company in the Smalltown district and is licensed to transact both Life and General Insurance.Acme Insurance primarily markets and services Personal Lines Insurance.Its customers are mostly rural, lower income families or long time resident senior citizens who demand value priced insurance premiums in keeping with their lower and fixed incomes.The banks now have announced they will open stand alone insurance offices to retail insurance.In spite of the above, we believe that the independent broker will survive.The recession has curtailed insureds from properly maintaining their homes and automobiles, and insurance fraud has become a major issue for the entire insurance industry.Brokers are concerned that in spite of commission reductions, quotas, contract cancellations, and refusal to write new auto business by some markets, they now may find themselves in competition with some of the traditional broker distribution companies that are setting up direct marketing facilities and branches.

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