The past few years have seen tremendous upheaval in the insurance industry.
The number of players has decreased in both the broker and company communities.
In spite of the above, we believe that the independent broker will survive.
We are more automated than most service industries.
Recent demographic studies in our area reveal a total year-round population of approximately 13,000, which rises in the summer to approximately 25,000.
We have a relatively high number of seniors and many younger, newly-formed families dependent on government assistance living mostly in a rural, unserviced, thinly populated area. Long distance phone bills represent our second largest expense (our two offices each have their own toll free phone numbers) and the cost of visiting our insureds to do home inspections is time consuming due to the large area we service.
Insurance fraud has become a major issue for the entire insurance industry.
Our traditional close relationship with our companies has been strained.
Cal Roberts Insurance Markets - Royal, Dominion of Canada Patrick C.
Johnson Markets - General Accident, Canadian Surety Rob Champlain Markets - Farmer's Mutual, National Frontier Co-Operators Silver Power Markets - Trafalger Con-struct Direct Our trading area is rural.