Despite Pandemic, Online Insurance Broker Doubles Sales Staff & Opens New Offices
"We'll have just about all our new agents in place by the end of July," says
The novel coronavirus crisis has had a disastrous effect on employment in many industries, notes Rich. During the last week of May, an additional 1.8 million Americans filed for unemployment insurance--bringing total
Continuing competition for qualified insurance brokers, says Rich, coupled with rapidly growing consumer interest in customer-friendly online insurance shopping led his company to press on with its expansion plans during the coronavirus crisis. Another factor Rich notes in the decision was market growth. Ensurem specializes in providing seniors with Medicare-related products, and the rate at which the baby boomer generation is aging means that 10,000 people in the
"The choices facing new Medicare enrollees are somewhat complex, and errors can be costly.(5) In addition, the expanding roster of various Medicare Advantage plans(6) adds another layer of complexity to the market," Rich says. "Our goal is to simplify and clarify the selection process as much as possible--which begins with a stable of trained, knowledgeable agents who can explain the available choices."
About Ensurem:
Ensurem, headquartered in
1. Davidson, Paul. "Unemployment: Nearly 2M More Americans Likely Filed Jobless Claims but COVID-19 Layoffs Are Easing."
2. "Chubb Vows No Layoffs During Coronavirus Crisis; Pledges
3. "Aon Says No Job Cuts Due to Pandemic."
4.
5. Squires, Sally. "How to Figure out Medicare and Choose the Right Plan." The
6. Jacobson, Gretchen, et al. "A Dozen Facts About Medicare Advantage." KFF,
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