{"id":21726,"date":"2023-02-08T12:24:26","date_gmt":"2023-02-08T16:24:26","guid":{"rendered":"https:\/\/www.segic.ca\/?p=21726"},"modified":"2023-09-14T12:13:06","modified_gmt":"2023-09-14T16:13:06","slug":"why-group-and-individual-benefits-within-your-customer-base-can-increase-your-broker-revenue8","status":"publish","type":"post","link":"https:\/\/www.segic.ca\/en\/why-group-and-individual-benefits-within-your-customer-base-can-increase-your-broker-revenue8\/","title":{"rendered":"Why group and individual benefits can increase your broker revenue."},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p><strong>Offering group, voluntary, and individual benefits to clients via an online platform like segic.can increase a broker&#8217;s revenue in several ways:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Cross-selling: Offering group, voluntary and individual benefits provides opportunities to cross-sell products. For example, if a client is only interested in group health insurance, the broker may be able to sell them additional products like life, virtual health, or disability insurance.<\/li>\n\n\n\n<li>Improved client retention: Offering a range of benefits improves retention because clients are more likely to stay put if they have multiple types of benefits with their broker.<\/li>\n\n\n\n<li>New clients: Offering voluntary and individual benefits can also help brokers attract new clients who are looking for coverage for themselves or their families.<\/li>\n\n\n\n<li>Commission income: Brokers earn commission on insurance products, so increased sales means increased revenue.<\/li>\n\n\n\n<li>Repeat business: Offering group, voluntary, and individual benefits allows brokers to generate repeat business because clients need to renew or update their benefits from time to time.<\/li>\n<\/ol>\n\n\n\n<p><strong>To summarize: by offering group, voluntary, and individual benefits, brokers can increase revenue by cross-selling products, improving client retention, attracting new clients, and earning commission on repeat business.<\/strong><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Offering group, voluntary, and individual benefits to clients via an online platform like segic.can increase a broker&#8217;s revenue in several ways: To summarize: by offering group, voluntary, and individual benefits, brokers can increase revenue by cross-selling products, improving client retention, attracting new clients, and earning commission on repeat business. [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/www.segic.ca\/en\/why-group-and-individual-benefits-within-your-customer-base-can-increase-your-broker-revenue8\/\">Read More<\/a><\/p>\n","protected":false},"author":3,"featured_media":21749,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[183],"tags":[199],"class_list":["post-21726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-segic-blogs","tag-segic-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.segic.ca\/en\/wp-json\/wp\/v2\/posts\/21726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.segic.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.segic.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.segic.ca\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.segic.ca\/en\/wp-json\/wp\/v2\/comments?post=21726"}],"version-history":[{"count":0,"href":"https:\/\/www.segic.ca\/en\/wp-json\/wp\/v2\/posts\/21726\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.segic.ca\/en\/wp-json\/wp\/v2\/media\/21749"}],"wp:attachment":[{"href":"https:\/\/www.segic.ca\/en\/wp-json\/wp\/v2\/media?parent=21726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.segic.ca\/en\/wp-json\/wp\/v2\/categories?post=21726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.segic.ca\/en\/wp-json\/wp\/v2\/tags?post=21726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}