During the corresponding time, National General Holdings Corp recorded a revenue increase by 6.04 % year on year, sequentially revenue grew by 0.61 %. While revenue at the National General Holdings Corp 's corporate clients
National General Holdings's Comment on Sales, Marketing and Customers
Our agency channel focuses on writing automobile insurance, including standard,
preferred and nonstandard, as well as preferred homeowners and umbrella insurance,
through independent insurance agents and brokers. We have established a broad
geographic presence throughout the country and have a significant market presence
in our twelve largest states of New York, North Carolina, California, Florida,
Louisiana, Michigan, Texas, New Jersey, Virginia, Washington, Connecticut and
Massachusetts.
Relationships with our Independent Agents. We have built a strong network of
approximately 22,000 insurance agents and brokers, many of whom are loyal, highly
motivated and productive agents, by providing competitive compensation, a user-friendly
technology platform and superior service for our core markets. In order to provide
quick and responsive service to our agents, we operate an agency customer service
call center staffed by experienced and highly-trained employees. Before being
employed in our agency customer service call center, our representatives must
pass a rigorous selection and training program to ensure that they understand
the independent agency and brokerage business and can provide outstanding service.
We believe that the strong relationships we have developed with our agents and
brokers over time is a testament to the value proposition we provide to our
producers and policyholders. Our focus on building and maintaining a strong
agency network has created an effective variable cost distribution platform
and is central to the long-term success of our agency channel. We have also
developed an innovative program for select agents, known as our agent captive
program, which allows select agents to participate in the underwriting profits
on business they produce. We believe this program encourages the participants
to produce more profitable business and increases their loyalty to us.
National General Holdings’s Comment on Sales, Marketing and Customers
Our agency channel focuses on writing automobile insurance, including standard,
preferred and nonstandard, as well as preferred homeowners and umbrella insurance,
through independent insurance agents and brokers. We have established a broad
geographic presence throughout the country and have a significant market presence
in our twelve largest states of New York, North Carolina, California, Florida,
Louisiana, Michigan, Texas, New Jersey, Virginia, Washington, Connecticut and
Massachusetts.
Relationships with our Independent Agents. We have built a strong network of
approximately 22,000 insurance agents and brokers, many of whom are loyal, highly
motivated and productive agents, by providing competitive compensation, a user-friendly
technology platform and superior service for our core markets. In order to provide
quick and responsive service to our agents, we operate an agency customer service
call center staffed by experienced and highly-trained employees. Before being
employed in our agency customer service call center, our representatives must
pass a rigorous selection and training program to ensure that they understand
the independent agency and brokerage business and can provide outstanding service.
We believe that the strong relationships we have developed with our agents and
brokers over time is a testament to the value proposition we provide to our
producers and policyholders. Our focus on building and maintaining a strong
agency network has created an effective variable cost distribution platform
and is central to the long-term success of our agency channel. We have also
developed an innovative program for select agents, known as our agent captive
program, which allows select agents to participate in the underwriting profits
on business they produce. We believe this program encourages the participants
to produce more profitable business and increases their loyalty to us.
Sources:
National General Holdings Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: National General Holdings Corp’s corporate clients.
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