Independent Insurance Broker
Run a 60-person independent insurance brokerage selling personal and commercial cover. Price your service, build a book of loyal clients, and hold renewals against direct insurers and the comparison sites.
Your brokerage places home, auto and business insurance for families and companies across the region, earning commission and fees on every policy it places and renews. Personal lines are high-volume and price-shopped; commercial clients pay far more and stay for years if their claims are handled well. The team decides how much to charge in fees, how many account executives and service staff to employ, whether to specialise in a commercial niche like construction or hospitality, and how to keep retention above 85% when direct insurers advertise a cheaper quote every night. It teaches managers how a recurring-revenue service business works: the value of a renewal, the cost of winning a new client, and why the book of business — not this quarter's sales — is what the company is worth.
$5.00 a seat · 4 simulated years, decided quarterly · by SparkTower.