CLARK’s Post

In the vast quest for success within the health insurance realm, the journey is fraught with challenges akin to navigating through a dense jungle of options and regulations. Yet, in this expedition, there's an untapped opportunity for collaboration that beckons. Introducing an Unparalleled Opportunity for Brokers and Agents: Imagine if we, as insurance brokers and agents, unite like explorers sharing maps and secrets of the uncharted territories. This collaboration isn't just about navigating the complexities of health plans—it's about pioneering new paths to prosperity, sharing knowledge, and unveiling new streams of revenue together. 1- Share Knowledge: Like combining pieces of a puzzle, we bring our insights together to form a complete picture of the market. 2- Generate Multiple Revenue Streams: By pooling our resources and expertise, we can unlock new opportunities that were previously beyond our reach. 3- Strengthen Our Stand: In unity, there's strength. Our collective effort can lead to more significant achievements and stability for all involved. The Call to Adventure: This is more than an invitation; it's a call to forge a coalition of the willing, ready to explore and conquer the vast possibilities that lie ahead in the health insurance landscape. Together, we can turn the tide, making what once seemed like an arduous journey into a prosperous expedition. Remember, "United we stand, divided we fall." Let's embark on this journey together, sharing our knowledge, expanding our horizons, and securing our collective success in the ever-evolving world of health insurance. #UnityInInsurance #CollaborateToConquer #InsuranceBrokers #InsuranceAgents #SharedSuccess

Leadership Team: There is a better way to buy health insurance! Most companies with 100 to 1,000 employees don't feel like they are large enough to negotiate health insurance cost with massive insurance companies. The Waymark Collective is designed for you...the employer. Waymark combines employers into ONE large reinsurance pool that gives employers scale and stability to minimize the impact of large, complex claims. As you've heard me say in the past: 2% of claims drive 50% of your spend and ultimately determine your renewal cost. That's like gambling. By joining with a larger group, those handful of claims become less disruptive to your plan and give you a better position at renewal. Waymark provides increased protection against claims that are out of your control. DM me to learn more. #thereisabetterway #ceo #cfo #humanresources #strategy #management HUB International HUB I HORAN Berkley Accident and Health (a Berkley Company)

It is rightly pointed out that Insurance sales from individual advisor is biggest channel specially in tier 2 and 3 cities where business is procured on trust and relationships and these small advisors remains largest contributors for insurance sales. But there are challenges too- 1. Mis selling 2. Lack of product knowledge 3. Dependency on insurance sales executive 4. Claims and many others.

#InsurViewDaily Sostengo Secures $3.8 Million Funding to Accelerate Growth in Latin America and Expand into the US Market   Sostengo, a leading insurtech based in El Salvador, has successfully closed a financing round amounting to $3.8 million, aimed at fueling its user growth across Latin America.   In an exciting development, the company has extended the round with an additional $1 million to support its expansion into the lucrative US market.   Founded in 2021, Sostengo has emerged as a trailblazer in Central America’s insurance landscape, offering the region’s first 100% digital end-to-end solution. Its innovative approach, exemplified by the first self-managed automotive insurance app in the area, has resonated strongly with consumers, enabling thousands of individuals, constituting 70% of its current customer base, to access insurance conveniently via their mobile phones.   The company’s remarkable performance is underscored by its staggering 103% year-on-year growth in premiums sold, reflecting its robust expansion and increasing influence within the insurance sector. Despite a notable rise in registered vehicles in Central America, with less than 10% being insured, Sostengo is poised to address this gap by providing a customisable, accessible, and user-centric insurance experience.   Sostengo’s platform empowers users to seamlessly quote, personalize, purchase insurance, report incidents, and receive emergency assistance—all within minutes and at their fingertips. Beyond mere protection, the company is committed to educating users on the broader vision of insurance as a strategic investment ensuring long-term physical security for drivers, their assets, and third parties in unforeseen circumstances.   “Insurance plans and online marketing run through our DNA. I am satisfied with the path and future strategy of SOSTENGO , which convinced me to invest and close the round,” said Julio González Arrivillaga, co-founder of People Fund and healthcare.com.   Estuardo Escobar, CEO of SOSTENGO, also commented, saying: “We are excited to continue revolutionising the industry and position ourselves as the pioneers in the digitalisation of insurance in the region.”   He added: “This new round of financing will not only allow us to continue growing in Central America, but also present our solution adapted to Hispanics in the United States, together with key investors and industry experts such as the founders of healthcare.com” . (Source: Insurtech Insights)

Do you have questions about the different types of insurances? This blog goes into detail about them. At Sobriety Centers of New Hampshire we can always run an insurance verification if you are unclear what insurances we take. We are in network with most commercial insurances.

"You've got to have a mission. If you don't have a business that really is trying to change something for the better, it's going to be tough..." President and Founder Michael Schroeder recently sat down with Jeffrey Stern on Lay of The Land Podcast to discuss his journey with Roundstone, the challenges #employers face in the #healthcare system today, and the power of #alignment. (Full episode link in comments)

“When we sit down and ask ourselves a strategic question, the first consideration is what would the employer want?” explains Mike Schroeder, founder and president of Roundstone Insurance. That's my boss Michael Schroeder talking in this podcast with Jeffrey Stern, in an insightful interview about him as an entrepreneur: ...why the Founder's Mentality is his favorite book to gift; ...his journey building Roundstone from street corner evangelist to thriving 140+ employee company; ...his candid thoughts on the healthcare and health insurance system - and folks, I do mean candid; ...how our main differentiator could be something as obvious as doing what is best for the employer (hint: it is because the $ incentives to do differently are everywhere); ...what is the enormously not hidden but HIDDEN GEM in CLE and Northeastern, Ohio ...and why "value traction" is my new favorite phrase. Give it a listen if you want to learn about the health insurance industry, particularly from an employer's perspective, and get some entrepreneurial gold nuggets along the way. Great Talk!

How to turn tedious health insurance processes into seamless digital experiences? 🚀 Gary Chan VP, Head of North American Sales at EasySend has the answer: "We simplify health insurance by digitizing all essential data intake processes. We aim to cut out the paperwork and collect personal and medical information securely and accurately online." This is a game-changer in the Life and Health insurance industry, and it's more vital than ever. In 2022, the global insurtech market saw a remarkable growth rate of 48.36%. (Source: Globe Newswire) With such rapid advancements, it's crucial to stay at the forefront of innovation. EasySend is leading the way in reshaping the landscape of Life and Health insurance, ensuring you can access the best, most efficient services. Join me at #ITCVegas2023 to explore the future of insurance. 🌟 Check out the event details here: https://lnkd.in/gBaY-yk5 See you there! #Insurance #Innovation #DigitalTransformation

How to turn tedious health insurance processes into seamless digital experiences? 🚀 Gary Chan, VP, Head of North American Sales at EasySend has the answer: "We simplify health insurance by digitizing all essential data intake processes. We aim to cut out the paperwork and collect personal and medical information securely and accurately online." This is a game-changer in the Life and Health insurance industry, and it's more vital than ever. In 2022, the global insurtech market saw a remarkable growth rate of 48.36%. (Source: Globe Newswire) With such rapid advancements, it's crucial to stay at the forefront of innovation. Easy Send is leading the way in reshaping the landscape of Life and Health insurance, ensuring you can access the best, most efficient services. Join us at #ITCVegas2023 to explore the future of insurance. 🌟 Check out the event details here: https://lnkd.in/gBaY-yk5 See you there! #Insurance #Innovation #DigitalTransformation #ITCVegas

Nothing grinds my gears more than a website that doesn’t work, or an outdated archive, or a “Hello CURRENT RESIDENT” letter. You can just feel your sanity teetering at the edge. And it’s so much worse when it’s your insurance. It can feel like you have no choice but to slog through what feels like a conversation with a brick wall just to pay a fee. Insurers need to get up to speed and be the communicators their customers need them to be. It’s better for responsiveness, it’s better for retention, it’s better for business. #insurance #digitaltransformation #healthcare