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How Commercial Insurance Producers
can use LinkedIn to Prospect
Type questions into the Q&A panel
Housekeeping
Download Resources from Library
Kevin Beaudette
Senior Account Executive, Financial Services
LinkedIn Sales Solutions
Joel Stanley
Senior Vice President, Producer Development
AssuredPartners Inc.
Today’s Speakers:
Brian Nichols
Producer, Senior Account Executive
AssuredPartners Inc.
Relationships matter in 
commercial insurance
Source: LinkedIn Research.
Most commercial insurance clients work with an agent / broker for
their purchases and communicate with them regularly
9in 10
commercial insurance clients on LinkedIn use an
agent/broker for at least some purchase
Professional networks are increasingly 
facilitating these relationships
Source: LinkedIn Data.
77%
of commercial insurance
clients…
of commercial insurance
agents / brokers…
88%
rely on professional networks for information
relevant to their roles
Relationships formed on LinkedIn are driving tangible
business results for commercial insurance brokers /
agents across the sales lifecycle
Source: LinkedIn Data.
Agents / brokers who use LinkedIn have generated new business
through their use of the platform
Secured a
meeting
31%
Generated an
opportunity
43%
Identified key
influencers and
decision-makers
52%
Found a new
client
43%
Asked for an
intro/referral
42%
SSI helps commercial insurance brokers and agents
measure their social selling activity on LinkedIn
1
What is LinkedIn’s Social Selling Index (SSI)?
SSI measures your company’s adoption of social selling
practices on LinkedIn
Gain visibility into your company’s activities
Uncover new opportunities
Benchmark yourself against peers and
competitors
(1) Based on responses to the question “which of the following best describes your expected performance against your individual projected target revenue for 2014?”
Source: LinkedIn Data
Why does this matter? Agents and brokers with a higher SSI score are
significantly more likely to win business through LinkedIn
3x
As likely to find a
potential new
client
5x
As likely to
accelerate a
deal cycle
2x
As likely to
exceed
quota(1)
Source: LinkedIn Data. Data current as of January 2016 end.
Note: Sales Navigator Users includes only field-level Sales Navigator users that have had Sales Navigator for 3+ months.
A strong partnership between AssuredPartners and Linkedin is
driving compelling SSI results for AssuredPartners’ producers
43
59
Pre-Sales Navigator Current
Average SSI
On average, 
Assured Partners’ producers
have seen a 37% lift in SSI from
before using Sales Navigator
through today
Average SSI of Sales Navigator Users
Why Sales Navigator?
Source: LinkedIn Data as of January 2016.
Note: Sales Navigator Users includes both field and online sales navigator subscribers.
Create a professional brand
Find the right people
Engage with insights
Build strong relationships
Social Selling Index
15
20
10
51
Sales Navigator
Users
6
Sales Navigator users in Financial Services & Insurance are
outpacing their non-Sales Navigator peers
10
10
4
25
Non-Sales
Navigator Users
2
​ LinkedIn Sales Solutions Mission
Connect the world’s buyers and sellers
to build relationships.
Stay informed on key updates at your target accounts. Get real-time alerts
about decision-makers in your target companies, functions or geography.
Start by identifying prospects using Lead Builder and advanced search
filters to build a prospect list within seconds
Create a targeted Lead List and then filter further based on more advanced
search filters
Uncover relationships for warm referrals at scale
Noah
21	
Iden%fy	your	warmest	path	to	the	right	decision	maker
22
Get signals and Insights on people you aren’t connected to (outside of your
1st Degree)
InMail: The most credible way to message anyone on LinkedIn
Noah Gold
Gain insights and engage from anywhere
Desktop Email
Mobile
CRM
Questions?
•  Kevin Beaudette: https://www.linkedin.com/in/kjbeaudette
•  Email: lssfinancialservices@linkedin.com
•  Web: https://business.linkedin.com/sales-solutions/financial-services
•  Joel Stanley: https://www.linkedin.com/in/joel-stanley-0ba5b415
•  Brian Nichols: https://www.linkedin.com/in/brian-nichols-8a753b26
•  Web: http://assuredptr.com/

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Commerical insurance presentation final 3.3.16

  • 1. How Commercial Insurance Producers can use LinkedIn to Prospect
  • 2. Type questions into the Q&A panel Housekeeping Download Resources from Library
  • 3. Kevin Beaudette Senior Account Executive, Financial Services LinkedIn Sales Solutions Joel Stanley Senior Vice President, Producer Development AssuredPartners Inc. Today’s Speakers: Brian Nichols Producer, Senior Account Executive AssuredPartners Inc.
  • 4. Relationships matter in commercial insurance
  • 5. Source: LinkedIn Research. Most commercial insurance clients work with an agent / broker for their purchases and communicate with them regularly 9in 10 commercial insurance clients on LinkedIn use an agent/broker for at least some purchase
  • 6. Professional networks are increasingly facilitating these relationships
  • 7. Source: LinkedIn Data. 77% of commercial insurance clients… of commercial insurance agents / brokers… 88% rely on professional networks for information relevant to their roles
  • 8. Relationships formed on LinkedIn are driving tangible business results for commercial insurance brokers / agents across the sales lifecycle
  • 9. Source: LinkedIn Data. Agents / brokers who use LinkedIn have generated new business through their use of the platform Secured a meeting 31% Generated an opportunity 43% Identified key influencers and decision-makers 52% Found a new client 43% Asked for an intro/referral 42%
  • 10. SSI helps commercial insurance brokers and agents measure their social selling activity on LinkedIn
  • 11. 1 What is LinkedIn’s Social Selling Index (SSI)? SSI measures your company’s adoption of social selling practices on LinkedIn Gain visibility into your company’s activities Uncover new opportunities Benchmark yourself against peers and competitors
  • 12. (1) Based on responses to the question “which of the following best describes your expected performance against your individual projected target revenue for 2014?” Source: LinkedIn Data Why does this matter? Agents and brokers with a higher SSI score are significantly more likely to win business through LinkedIn 3x As likely to find a potential new client 5x As likely to accelerate a deal cycle 2x As likely to exceed quota(1)
  • 13. Source: LinkedIn Data. Data current as of January 2016 end. Note: Sales Navigator Users includes only field-level Sales Navigator users that have had Sales Navigator for 3+ months. A strong partnership between AssuredPartners and Linkedin is driving compelling SSI results for AssuredPartners’ producers 43 59 Pre-Sales Navigator Current Average SSI On average, Assured Partners’ producers have seen a 37% lift in SSI from before using Sales Navigator through today Average SSI of Sales Navigator Users
  • 15. Source: LinkedIn Data as of January 2016. Note: Sales Navigator Users includes both field and online sales navigator subscribers. Create a professional brand Find the right people Engage with insights Build strong relationships Social Selling Index 15 20 10 51 Sales Navigator Users 6 Sales Navigator users in Financial Services & Insurance are outpacing their non-Sales Navigator peers 10 10 4 25 Non-Sales Navigator Users 2
  • 16. ​ LinkedIn Sales Solutions Mission Connect the world’s buyers and sellers to build relationships.
  • 17. Stay informed on key updates at your target accounts. Get real-time alerts about decision-makers in your target companies, functions or geography.
  • 18. Start by identifying prospects using Lead Builder and advanced search filters to build a prospect list within seconds
  • 19. Create a targeted Lead List and then filter further based on more advanced search filters
  • 20. Uncover relationships for warm referrals at scale Noah
  • 22. 22 Get signals and Insights on people you aren’t connected to (outside of your 1st Degree)
  • 23. InMail: The most credible way to message anyone on LinkedIn Noah Gold
  • 24. Gain insights and engage from anywhere Desktop Email Mobile CRM
  • 25. Questions? •  Kevin Beaudette: https://www.linkedin.com/in/kjbeaudette •  Email: lssfinancialservices@linkedin.com •  Web: https://business.linkedin.com/sales-solutions/financial-services •  Joel Stanley: https://www.linkedin.com/in/joel-stanley-0ba5b415 •  Brian Nichols: https://www.linkedin.com/in/brian-nichols-8a753b26 •  Web: http://assuredptr.com/