Episode 242: Using Data to Power Your Agency Profit with Sherif Gemayel

Having discovered that our stories are eerily very much alike, it is my privilege and honor to sit down with Sherif Gemayel. Sherif is an industry expert who once owned a successful tech-enabled agency in Canada and later started the tech company Trufla before selling the agency. Sharing how he used innovative technology to bolster agency profit. Sherif introduces the True Mobile platform, a game-changer for insurance policy servicing, which integrates AI-powered intelligence, real-time quoting capabilities, and agent-client interaction tools. The discussion delves into the advantages of independent agents over big tech companies, the challenges and opportunities in the insurance industry, and the key role of quick decision-making. Join us as we uncover the dynamic intersection of technology, customer service, and agency success in the insurance landscape.

Highlights:

  • Sharif Jamail founded Sharp Insurance, a successful tech-enabled agency in Canada, and later started the tech company Trufla before selling the agency.
  • Comparing independent agencies to tech companies as distributors, not builders.
  • Speed matters more than price in insurance. Fast quotes win opportunities.
  • True Mobile app: first in North America, AI and renewal intelligence for agents, focuses on customer relationships.
  • Measure ratios, analyze, follow up important.
  • Emphasizes 80/20 rule and independence in insurance.
  • Industry faces the challenge of data standardization, using carrier APIs to enhance value. 

About Sherif Gemayel:

With over 15 years of experience in the insurance and technology industries, I am a serial entrepreneur and an insurtech visionary. I founded and sold Sharp Insurance, one of the most innovative brokerages in Canada, and launched Trufla Technology, a leading provider of digital solutions for brokers.

As the CEO of Trufla Technology, I lead a team of over 140 experts in insurance software development, AI, data management, app development, and UI/UX. We deliver a complete digital transformation solution for brokers, enabling them to compete and grow in an ever-evolving digital landscape. With over 200 clients spanning the globe, our mission is to be the technology that powers the broker channel. I am passionate about disrupting the traditional way of distributing insurance, using trends from other industries to guide me through this uncharted territory.

Until next time, get out there and make a difference, be unstoppable, and leave no regrets!

Mike Stromsoe
The Unstoppable Profit Producer
Call 800-770-9984
Website: http://unstoppableprofitproducer.com/

Virtual Events: http://www.uppfaststart.com/

Email [email protected]

Podcast: http://unstoppableprofitpodcast.com

Virtual Training: http://uppfaststart.com

In Person Training: http://beunstoppablebootcamp.com

Episode 144: YOUR Numbers Don’t Lie with Aaron C. Stocks

You have heard me say many times that your numbers don’t lie and for the first time ever I am bringing you the guy that will demonstrate just how important that statement is.

This week I am excited to introduce you to Aaron C. Stocks.  Aaron is the founder and President of Professional Financial Solutions and his company focuses on accounting with the independent insurance market.  Listen as we discuss all things financial from your start-up accounting to knowing your bottom line and even hiring practices.   This is the episode to listen to whether you are just starting your agency or a seasoned professional.

Highlights:

  • Aaron’s foray into the accounting field and even his tenacity to keep learning and improving
  • An exploration of trust accounting
  • Developing the norm of reviewing monthly financial statements and how they should be the standard for every company even though they are not
  • The three major issues that agencies are faced with when it comes to accounting
  • The ROI on getting your financial accounting together at the beginning and especially even for seasoned agencies that may have multiple locations
  • The impact of acquisitions and financial accounting that goes along with that
  • Aaron explains why his company moved to the Always Be Hiring methodology for recruitment and the strategies he uses for hiring.
  • Adding international staff to the mix and the benefits that it has proven

 

Resources Mentioned
Sign up for virtual training at http://uppfaststart.com

Become Unstoppable: http://beunstoppablebootcamp.com

About My Guest:

Aaron C. Stocks is a founder and current president of Professional Financial Solutions. Aaron has over ten years of diversified experience with concentrations in financial controllerships, management advisory, cost accounting, growth strategy, bookkeeping technology, insolvency, reorganization, financial projections, and operational management.

https://www.pfsaccounting.com

[email protected]

909-294-7372

 

Until next time, get out there and make a difference, be unstoppable, and leave no regrets!

Mike Stromsoe
The Unstoppable Profit Producer
Call 800-770-9984
Email [email protected]

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