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Insurance Agencies Need to Diversify

Insurance Agencies are no different than other businesses when it comes to the need to diversify their staff, plans and leadership. As the workforce in the USA changes and continues to become more diverse, insurance agencies need to change with it.

In an article from Business Insurance America, John Tiene stated “A shift in demographics is critically important for agents to understand because it’s a customer-based business,” Tiene pointed out. “For example, as [a huge amount of the population] is aging and moving from active workforce to semi-active workforce and retirement, their [insurance] needs change dramatically and how they buy product changes dramatically.” You can find the full article here.

Strategic Agency Partners knows the importance of diversifying and part of our strategy involves working with agencies of different sizes with the common goal of becoming stronger both as a group and individually. To learn more, Apply to become a member of Strategic Agency Partners today.

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