Innovative Silicon Valley Insurance Firm Launches Powersports Brand

Innovative Silicon Valley Insurance Firm Launches Powersports Brand

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December 10, 2014

FOR IMMEDIATE RELEASE

 

The insurance and risk protection specialists at Aegis Specialty Insurance Services have partnered with motorcycle and Powersports dealerships across California to add cutting-edge protection for California riders.  In keeping with the theme of this innovative Silicon Valley company, the Aegis Powersports brand leverages the latest technology and data to combine extended service contracts, road hazard protection, priority maintenance and insurance into one comprehensive offering for motorcycles, ATV’s, dirt bikes and personal watercraft. 

Aegis Powersport

Sunnyvale, CA – Today, Aegis Specialty Insurance Services unveiled their new brand – Aegis Powersports – that brings together industry veterans in the insurance, Powersports and dealer finance and insurance (F&I) space to provide innovative consumer protection products.  Aegis Powersports will market extended vehicle service, road hazard and priority maintenance contracts to customers through participating powersport dealerships.  Combined with the innovative insurance products already offered by Aegis, the full product suite provides the most complete protection for powersport enthusiasts, whether they ride motorcycles, dirt bikes, ATV’s or personal watercraft.

“We are very excited to extend our area of expertise into the powersports arena,” stated David Sacks, CFO of Aegis Specialty.  “The addition of industry veterans Troy Billen and Dana Yorba to our team is indicative of our commitment to providing customers in the dealer finance and insurance space with expertise they can truly rely on,” continued Sacks.

Aegis Powersports will use state-of-the-art technology to combine their full suite of products on an easy to use platform, allowing powersport dealers to offer the products to their customers in conjunction with the sale of a new or used vehicle.  All contracts will be backed by Aegis Security Insurance Company, rated “A” (Excellent) by AM Best.

“Powersport vehicles are intended for fun – in the dirt, on the road and across the water.  We provide serious peace of mind for our customers so they can enjoy their ride and not worry about unforeseen breakdowns,” noted Jeff Kenny, Vice President of dealer products for Aegis Specialty.

Aegis Specialty Insurance Services is a part of Aegis General Insurance Agency and provides homeowner, condominium, townhouse, renters, mobile home and motorcycle insurance, along with specialized products sold by powersport dealerships.  Aegis Security Insurance Company is rated “A” (“Excellent”) by A.M. Best and sells insurance on an admitted basis all across the United States.

For more information please contact Jeff Kenny, Vice President of Dealer Products at 408-962-0061 or at jkenny@aegispowersports.com.

Aegis Specialty Insurance – Peace of mind made easy.

Building an Effective Managing General Agency

Building an Effective Managing General Agency

Building an Effective Managing General Agency

Last month, we took a look at some of the contributors to success for Managing General Agents, stating that when an insurance agent works with an MGA, they are granted tools and strategies in which utilizing will help them to provide the best customer service possible. Perhaps the biggest perk of working for a managing general agency is that the clients are their own, giving agents the ability to provide far better, individualized service to ensure their clients are happy. However, in order for an MGA to be successful and attract those insurance agents, they must start out strong by understanding how to build an effective Managing General Agency (MGA).

Any insurance professional who wants to build an MGA must have a realistic idea of how much their startup expenses will be, since they could be significant. Creating a detailed business plan with these costs in mind, exploring liabilities and risks, and obtaining the right insurance policies for themselves are all important steps in the planning process.

An effective MGA will also have already successful insurance agents, right from the start. The reason this is important is because these agents will help provide an MGA with predictable income early on, with very little assistance. This frees up an MGA managers time so that they can focus on recruiting and training for those who do need it.

Just as important as obtaining talent, is retaining it. An effective MGA manager will invest in their agents’ development. Understanding this and following the above guidelines are key to building an effective Managing General Agency.

K2 Insurance Services, LLC was formed by two insurance industry veterans with the purpose of acquiring managing general agents and developing multi-line programs. Our goal is to distribute innovative products through retail and wholesale distribution channels. To learn more about our services and our partners, please contact us today at (855) 976-8113.

New Aegis Security Insurance Company Website Has Been Launched

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New Aegis Security Insurance Company Website Has Been Launched

We are pleased to announce the launch of Aegis Security Insurance Company’s website, which can be accessed at www.aegisinsurance.com. Aegis Security’s primary focus has been in providing coverage for manufactured homeowners and low-value dwellings principally located in rural areas. Our primary lines are supplemented with a number of diverse secondary non-catastrophe-prone products offered by specialty agents. These products include coverage for travel trailers and motorcycles as well as non-contract surety, construction and supply bonds and health and accident insurance.

Aegis Security’s new site features an easy-to-use responsive design and easy-to-find links making it simple to access the information you need in a timely manner. Aegis Security’s leadership team has the experience and tenure needed to run a profitable insurance company committed to effectively serving its agency partners and customers.

Be sure to visit Aegis Security Insurance Company’s website today, and please contact Aegis Security at (855) 790-0550 if you have any questions.

K2 Insurance Services, LLC was formed by two insurance industry veterans with the purpose of acquiring managing general agents and developing multi-line programs. Our goal is to distribute innovative products through retail and wholesale distribution channels.