Throwback: Bonds in a Zip with Zach Mefferd
Dec 05, 2022•1 hr 10 min
Episode description
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
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