Following their time in the military, veterans often look for a second career that taps into the skillsets learned from service and that provides financial stability, career freedom, and a way to serve their communities. To accomplish these needs, Franchise Business Review found that 25% of veterans seek to start their own business.
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The demand for insurance is ongoing, as everyone around you must insure their homes, cars, and even themselves. While insurance, like any other industry, goes through hard and soft markets, it’s a need proven to be recession-resistant. The workforce has a median age of 59 years, with many insurance agents nearing retirement, creating a talent gap rife with opportunity. However, with eight out of ten millennials unsure of the employment opportunities available to them within the insurance sector, how does the industry bridge that gap?
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In this Q&A, we connected with Sev Tamayo, owner of Tamayo Insurance Group, Inc., in Palm Coast, Florida, who worked in the restaurant and banking industry before opening his own insurance agency six years ago. Now, Sev is dedicated to growing his business and creating a legacy for his family.
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In 2023 we saw widespread insurance carrier restrictions, increased home and auto premiums across the country, and news of multiple carriers choosing to leave high-risk states entirely. That leaves us to wonder what’s in store for 2024 in the aftermath of all this change. Can consumers expect restrictions to slow down? And how will this affect the agent role? Read on to learn our predictions.
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The insurance industry is rapidly changing, thanks to technology. This has greatly impacted how insurance agents function and cater to their clients. To stay ahead in this digital revolution, insurance professionals need to fully grasp and utilize the technological advantages that franchises provide.
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Franchise ownership is an exciting option that comes with its own set of unique challenges and rewards. Before diving in, it's critical to ensure you're making an informed decision. Here are six essential considerations to help align your goals with the realities of running a franchise.
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Robyn Jones was working in real estate when she recognized a significant problem trying to obtain insurance on the properties she bought. Frustrated by the lack of options and personalized service in the insurance market, Robyn and Mark Jones began building a new concept.
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In 2024, Entrepreneur magazine unveiled its 45th annual Franchise 500® ranking, spotlighting the premier franchise opportunities for aspiring business proprietors. Goosehead Insurance takes great pride in its achievement of securing the coveted No. 1 position in the Insurance category, marking the third consecutive year that Goosehead has done so.
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