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Overview

We do more than just train your team. We work directly with our clients to identify opportunities for growth and profitability. We then help your team implement the necessary changes

We are experienced leaders. This is not our first rodeo. We recognize that every client faces unique circumstances. Sometimes a tweak to a product here or there is enough to achieve sustainable, positive results. In other cases, building the right strategy for long-term success requires more fundamental changes. Often, the answer is somewhere in the middle.

We start by using our skills and experiences to help you identify where your company’s challenges fall on this spectrum. We also recognize that numbers matter in insurance, so our team members bring exceptional analytic capabilities. We also apply the lessons we have learned as both executives and board members responsible for the growth and profitability of specific insurance companies. And, most importantly, we listen. Over and over, we find this approach helps our clients to achieve the growth and profitability that they desire from their businesses.


Examples

Example #1

A growing insurance carrier was being severely impacted by a recession-induced fraud spike in their market. As a result, the company had lost a substantial amount of its capital. Without a turn-around, the company anticipated insolvency. In fact, even as the company redesigned its business strategy, competitor after competitor exited the market or went bankrupt.

We worked directly with the c-level team to identify the key steps required to restore profitability – and to restore the company’s positive, long-term growth. These steps included changes to almost every area of the business, including the product, underwriting rules, marketing/sales plans, capital structure, and accounting practices. In short, we helped our client build a complete package so that their business did more than survive – it thrived. From the peak, loss and combined ratios declined over 20 points in year one and again in year two, even while the client grew their business over 40%.


Example #2

As part of its strategy to grow more profitably, a multi-billion dollar personal lines carrier was interested in training a large number of its employees. The employee group included Sales, Product, Pricing, Actuarial, Claims, and Support positions at multiple sites across the country. This carrier wanted to cover specific pricing, product, and company strategy topics. In addition, the carrier wanted to create a unique, shared experience that would break down some of the "silos" which had developed between departments within their organization.

We worked in close coordination with their team to design and present an entirely new training seminar. The seminar was designed for the client team's specific skill sets, organizational structure, technical / learning needs, and company culture. As a result, this training was able to help the client leadership to address the company's key issues using language, examples, and initiatives that resonated for the 100+ people who attended the training at locations across the country.
     


Upcoming events


Pricing and
Rate Making
 
A two-day seminar in which you will learn the skills required to set your own prices without an actuary.
 
February 5-6, 2018
August 6-7, 2018


Learn More | Request Info
Product
Management
 
A two-day seminar teaching the key techniques that drive growth and profitability for your company.
 
February 7-8, 2018
August 8-9, 2018


Learn More | Request Info
Making Sense of
Telematics
 
A half-day event focusing on the impact that telematics will have on your pricing, your product design, and your company.
 
Available via Webinar

Learn More | Request Info
Claims for
Non-Claims Managers
 
A one-day event showcasing how better claims management can push massive improvements in your company's results.
 
Available at Your Location

Learn More | Request Info





TEACH Insurance Resources - 921 Westham Parkway Richmond, VA 23229 - 804.288.0021 - Google 804.592.0846 - info@teachinsuranceresources.com


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