Insurance brokers face more pressure than ever before to meet sales goals in an ever-changing landscape. The burnout rate in the insurance industry has reached record highs, according to stats I’ve read and what I’ve observed as an industry veteran. First, the industry has gotten more competitive. Producers have to strive to write higher volume
Focus on what matters to avoid burnout Insurance sales is not an easy career path. It’s highly competitive and demanding, but also incredibly rewarding. The pandemic brought many challenges and struggles for insurance brokers accustomed to face-to-face meetings, client lunches, and travel. Now that the world has opened again, there’s been an adjustment period of
In 2021, the DBL Center launched a first-of-its-kind desktop and mobile app to help insurance brokers track their renewals, cancellations, and commissions. The Broker Dashboard: Net Revenue Tracker provided technology never utilized before in the P&C and statutory insurance industries. Brokers who take advantage of this free platform receive emails when their clients’ policies are
See the DBL Center’s Michael Cohen share his secrets to long-term success. DBL Center managing partner Michael S. Cohen recently chatted with long-time friend Adam Forgione on an hour-long podcast, Elevate: Stories to Grow the Mind Full Support to Help You Earn More Maximizing your revenue potential with Net Revenue Tracker Dashboard. They began by
Paid Family Leave (PFL) and Paid Family and Medical Leave (PFML) programs expand across the U.S. in 2023. A recent study from the CommonCentsMom.com found that the U.S. ranks the worst in the developed world for early childcare. The study analyzed the costs of early childcare in 40 countries relative to the mother’s income, how
Sonja Spruiel joins The DBL Center as our new VP Business Development & Disability Underwriter. Spruiel comes from Arch Insurance, where she was the Regional Business Development Manager, Accident & Health. Prior to Arch, Spruiel worked at Standard Life as the EB Disability Underwriter specializing in Group Life and Short- and Long-Term Disability in the
Every year, Michael Cohen, president and CEO of The DBL Center, recognizes his employees and celebrates the year’s success with a holiday party. Past parties have been at trendy Long Island location’s like the speakeasy-style bar, The Founder’s Room, in Huntington’s Paramount Theater and other first-class eateries. This year, The DBL Center team celebrated with
Hawaii enacted its Temporary Disability Insurance (TDI) law in 1969. In 1986, The DBL Center founder David Cohen traveled to Hawaii to build relationships in the region and, since then, our company has grown to provide TDI coverage to more than 3,500 business owners. The DBL Center has become the leading insurance wholesaler and largest
Previously, we discussed ways that Individual Disability Insurance (IDI) can protect the financial assets of the high earners in any organization. But DI plays an important role in balanced health care coverage. Post-pandemic, employers are still working to recruit and retain top employees and to prevent falling victim to trends like “quiet quitting,” where an
Group Retiree Health plans can reduce out-of-pocket healthcare costs for those ages 65+. In today’s era of job-hopping and quiet quitting – the phenomenon where employees remain at their jobs but don’t perform at their highest level – enticing employees to stay engaged is more important than ever. The FIRE movement, or Financial Independence, Retire
How does PTO work in states with disability and family leave benefits? As a growing number of states roll out statutory Paid Family and Medical Leave programs and short-term disability insurance benefits, employers, HR managers, benefits advisors, and insurance brokers, alike, are trying to understand how PTO and PFML interact in terms of claims. In