Presentation on theme: "Welcome's Mr. Chai and Friends. Georgia Select, Inc, licensed by the State of Georgia in 2011, is one of the fastest growing insurance agencies in Georgia."— Presentation transcript:
Georgia Select, Inc, licensed by the State of Georgia in 2011, is one of the fastest growing insurance agencies in Georgia. Characterized by excellent customer service and a personal touch, we specialize in providing quality low-cost insurance with exceptional service. Georgia Select, Inc, licensed by the State of Georgia in 2011, is one of the fastest growing insurance agencies in Georgia. Characterized by excellent customer service and a personal touch, we specialize in providing quality low-cost insurance with exceptional service.
Founded by Will Carter in October 2011 Georgia Select, Inc. is a niche agency with a primary focus on non-standard auto. Will Carter Began his insurance career with Galish Group. › Revamped the entire program and added a commercial branch › Rebuilt the agency from June 2009 to October 2011 Georgia Select, Inc. was launched in October 2011 centered on dealership relationships to build a strong foundation to service the auto industry. › Strong presence in over 300 dealerships in the Metro Atlanta area. › Due to our aggressive territory takeover after tax season, our dealership revenue projections are 700 deals per month per territory due to our strong presence in over 15 territories.
Liability (required by law) Physical Damage (fire, theft, vandalism) Full Package (liability-comprehensive, theft, and collision) Roadside Assistance Homeowners Commercial Life
Georgia Select Specializes in Non Standard Automobile Insurance Standard insurance is for drivers with very few violations, claims or cancellations of previous policies. In most cases, these drivers have better insurance (or credit) scores. Based on these characteristics, standard insurance premiums are much less than non-standard insurance premiums. Non-standard insurance, on the other hand, is for those with major violations, prior cancellations, prior claims, no prior insurance coverage amongst other things. These insurance policies, most likely, are for minimum coverage.
Call Center Focused on serving automobile dealersFocused on serving automobile dealers After sale customer supportAfter sale customer supportRetail Traditional walk in sales office serving the communityTraditional walk in sales office serving the community Business opportunity model Partnering with other types of businesses and introducing insurance productsPartnering with other types of businesses and introducing insurance products
1.Reach New Customer Prospects with our message that Georgia Select Insurance Agency works with highly rated carriers, finding the best policy for your home or business at the best rate, Web access and service with a personal touch. 2.Existing Customers: “You already know that Georgia Select Insurance Agency offers superior homeowners insurance coverage with the best service, but did you know that Georgia Insurance Agency has the best rates on life insurance too? 3.Allow existing customers easy direct access for claims and payments issue information.
RETAILMANAGING GENERAL AGENCYINSURANCE COMPANY Independent agent represents at least two insurance companies and (at least in theory) services clients by searching the market for the most advantageous price for the most coverage. The agent's commission is a percentage of each premium paid and includes a fee for servicing the insured's policy. Direct or career agent represents only one company and sells only its policies. This agent is paid on a commission basis in much the same manner as the independent agent. A business entity appointed by an insurer to solicit applications from agents for insurance contracts or to negotiate insurance contracts on behalf of an insurer and, if authorized to do so by an insurer, to effectuate and countersign insurance contracts Depending on the appointment, a managing general agent may perform one of many tasks normally performed by an insurer. These include but are not limited to, sub-contracting with independent agents for placement of business, negotiating commissions, handling claims, issuing policies, processing endorsements, collecting policy premiums or being responsible for completion of regulatory reports for state or federal agencies. In the United States, insurance companies are insurers that have received a license or authorization from a state for the purpose of writing specific kinds of insurance in that state, such as automobile insurance or homeowners' insurance. They are typically referred to as "admitted" insurers. Generally, such an insurance company must submit its rates and policy forms to the state's insurance regulator to receive his or her prior approval, although whether an insurance company must receive prior approval depends upon the kind of insurance being written. Standard line insurance companies usually charge lower premiums than excess line insurers and may sell directly to individual insured's. They are regulated by state laws, which include restrictions on rates and forms, and which aim to protect consumers and the public from unfair or abusive practices. These insurers also are required to contribute to state guarantee funds, which are used to pay for losses if an insurer becomes insolvent.