ClassicPlan

January 18, 2023

Starting the new year off on the right foot is crucial for commercial insurance agents as it sets the tone for the rest of the year. By taking the time to review and update client information, set goals and create a plan, review and renew policies, network and build relationships, and stay informed, commercial insurance agents can ensure that they are well-positioned to meet the needs of their clients and grow their business in the coming year.

  1. Review and update client information: The first step in starting the new year off on the right foot is to review and update client information. This includes contact information, insurance coverage needs, and any changes in the client’s business operations or exposures. By ensuring that their records are accurate and up-to-date, commercial insurance agents can provide better service to their clients and make sure that they are adequately protected.
  2. Set goals and create a plan: Setting clear and measurable goals for the year is essential for commercial insurance agents. These goals should be specific, measurable, achievable, relevant, and time-bound (S.M.A.R.T). By setting goals, commercial insurance agents can stay focused and motivated, and have a clear direction for their business. Along with setting goals, it’s important for the agents to create a plan of action to achieve them. This plan should include specific actions and deadlines, that will help the agent stay on track towards achieving their goals.
  3. Review and renew policies: Reviewing and renewing policies is another important step in starting the new year off on the right foot. Commercial insurance agents should review their clients’ current insurance policies to ensure they are still meeting their needs. They should also renew policies that are expiring and shop for new coverage when needed. This will help ensure that their clients are adequately protected and that they are not paying for unnecessary coverage.
  4. Network and build relationships: Committing to building strong relationships with clients and other insurance professionals can help commercial insurance agents grow their business. They should attend industry events, join trade associations, and connect with other insurance agents and brokers. By networking and building relationships, commercial insurance agents can expand their reach and gain access to new clients and business opportunities.
  5. Stay informed: Staying informed about the latest trends, regulations, and best practices in the industry is essential for commercial insurance agents. They should also take continuing education courses to maintain their licenses and stay up-to-date on the latest products and services. This will help them provide better service to their clients and stay competitive in the marketplace.

Starting the new year off on the right foot is crucial for commercial insurance agents. By taking the time to review and update client information, set goals and create a plan, review and renew policies, network and build relationships, and stay informed, commercial insurance agents can ensure that they are well-positioned to meet the needs of their clients and grow their business in the coming year. The key is to be proactive and stay on top of things, so that the agents can focus on delivering the best service to their clients.


ClassicPlan offers a full range of flexible premium finance solutions for insurance agency producers that fit their clients’ individual situations.