In this throwback episode of The Power Producers Podcast, David Carothers and guest host Ryan Mathisen of GloveBox, interview Zach Mefferd, Co-Founder at ZipBonds. Zach explains the importance of giving your clients access to a bonding capacity and how ZipBonds is working to help agents provide that access in a simple and intuitive way.
Episode Highlights:
Zack discusses different sports events with David and Ryan. (3:47)
Zack shares his background story about what made him decide to pursue this path with ZipBonds. (10:36)
Zack explains how ZipBonds was able to bring in different carriers with the mindset of how they can help them. (16:28)
Zach shares the most important things we should remember about surety bonds. (21:09)
Zack explains what they call the zip score which is integrated into the API, to understand bonding capacity better. (26:22)
Zack shares how he exactly built the things he did as a commercial producer. (32:48)
Zack explains that there are a lot of Virtual Assistants you can hire and help you grow your business. (37:25)
Zack shares that people won't understand the stress of being an entrepreneur unless they do it. (42:16)
Zack shares that he thinks everyone in the industry is or has already been adapting to the new technology. (53:26)
Zach shares their plans and focuses on different connections for ZipBonds this year. (57:46)
Tweetable Quotes:
"If you lead with surety, or find a way to help people get access to a bonding capacity that they didn't have prior or let them at least know that they can be bonded, because a lot of them don't, that's stickier than anything else." - Zach Mefferd
"You don't have to be the most polished, your pitch doesn't have to be elaborate. You just have to put in the work and be consistent." - Zach Mefferd
"I think it's really hard to understand all the stresses of being an entrepreneur, whether it's insurance or anything else without actually doing it." - Zach Mefferd
Resources Mentioned:
Zach Mefferd LinkedIn
ZipBonds
Ryan Mathisen LinkedIn
GloveBox
David Carothers
Kyle Houck
Florida Risk Partners
The Extra 2 Minutes
