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I don't mean to be a downer, but this just isn't going to work. Insurance companies are very covetous of their models and I don't think Leaky really has much to
by debacle 14y ago
I don't mean to be a downer, but this just isn't going to work. Insurance companies are very covetous of their models and I don't think Leaky really has much to offer to suppliers.
I realize that admitted carrier information is publicly available, but I'm not sure how Leaky could ever be profitable. The commission on an auto policy is almost nil (the common mantra is "If you touch it, you lose money."). Insureds will gain, but trying to create a race to the bottom with suppliers is a recipe for disaster in the insurance industry. Being a broker is about providing a service to insureds and suppliers, not merely one or the other.
What's the end goal, besides potentially disrupting the auto insurance industry in the short term?