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Coworking for Insurance Agents

Insurance Agents, Coworking, and Business Growth

As an independent insurance agent, you may have noticed how larger insurance companies can acquire clients, mainly because they have the rapport and an office with a reputation. With the help of business partners and the right contacts, such insurance companies can tap into different circles, a source of potential clients. Working independently has its benefits, but you’re not exactly sure how to surpass established companies in this regard, so what’s an insurance agent to do?

In these situations, a coworking space is just the thing you need. Working along with other independent professionals and workers gives you a chance to learn about other industries and develop collaborative efforts. There are plenty of perks of sharing a coworking space as an independent insurance agent, and these are just a few.

Pay Less Rent for all the Benefit

To begin with, you have the advantage of not needing to rent out an entire office with a budget you don’t have. Most independent agents who choose to get an office can’t afford to but do so as a way to attract potential clients.

This can leave you with more trouble, especially if you don’t usually use your office, except for meetings. As an insurance agent, you’re mostly meeting with insurance companies and brokers, but client meetings need an ideal setting too.

A coworking space provides you with a formal platform to hold meetings when you need to, but you don’t have to pay as much rent. On the plus side, you establish yourself as a professional in the community, and this attracts potential clients.

Fits with your Flexible Schedule

Being your boss means saying goodbye to a proper routine, so you’ll need a space that accommodates your flexible schedule. Insurance agents have to fit in meetings into a packed schedule and working from home can be difficult, especially if you live far from populated districts.

Sharing a coworking space in a popular district is beneficial for business since your personal workspace will be in close proximity to other offices and help your clients reach easily as well. When you rent coworking space, you don’t have to worry about when you clock in or when you leave. At the same time, it provides all the necessities that a traditional office would have.

Coffee, internet access, and a printer are just some of the things that are available to you in a coworking space, that you can take advantage of. You don’t have to carry your computer along with you wherever you go, and you’ll have a formal workspace without the pressures of arriving on time.

Say Goodbye to Distractions (Hello to Motivation)

Working from home can seem like a distant, far-away dream until you realize that you rarely ever get any work done. Even when you do, distractions take up so much of your time that you barely have any hours left to enjoy quality time with family or friends. In addition, taking breaks in between leaves you feeling sour about having to get back to work, but you still manage to spend over an hour taking a ‘break’. We feel you, and the ideal fix for never-ending distractions is to operate from a coworking space instead of home.

When you share a space with professionals from other industries, you get the benefit of a similar environment. Surrounded by consistent productivity, you become more efficient to keep up the pace, even though operations are unrelated. Together, you and your coworkers can motivate each other to work at a steady pace, and nothing shuts down distractions like self-driven motivation.

At coworking spaces, you won’t have to bear the noise of a running TV, your loud neighbors or disturbances like the doorbell ringing because everyone knows you’re at home. Moreover, you can’t procrastinate for hours at a time when you know that you have somewhere to be, so you finally slip into presentable clothing.

Leverage the Network

The disadvantage of not working with a single company hits you soon after you start working independently; you don’t have access to networks. This can be discouraging for motivated insurance agents who want to succeed in the industry but are unable to do so because they’re shut out form communities where they can generate leads and acquire clients.

On the other hand, sharing a coworking space gives you and your co-workers access to each others’ networks of clients. This improves your position because you’ll be able to interact with these clients at seminars, workshops and other social events that you hold at the shared office space.

Learn More From The Community

When you’re in a traditional office setting, it can put you in an unfavorable position since you’ll be working in a single department, closed off from operations in other departments. On the other hand, a coworking space gives you the freedom to interact with professionals from other fields and industries. For instance, you could be working alongside a real estate lawyer, individual service contractor, or marketing expert.

Each of these professions can give you some important information and insight on conditions in certain industries. This gives you an all-rounded view of the current market, and knowledge is what keeps you ahead. There are even chances that you’ll be working with someone who can complement your business with their knowledge and expertise; this creates the opportunity for a collaborative effort.

At other times, you just need some assistance in understanding vocabulary or terms from a different field, and it’s highly possible that your coworker or someone they know can give you just the help you need.

Last but not least, a well-established coworking space puts a good impression on your clients, improving your rates of being recommended to people they know. Hence, if you’re ready to increase productivity, enhance efficiency and build helpful networks, it’s time for you to get a coworking space. Don’t believe us? Just ask some of our clients how a coworking space has helped them improve business.

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