You are growing and evolving.  You have made it past the MVP stage, funded your friends and family round, have actual clients, are shipping, and are starting to make money.  

Congratulations, 🤜🤛 you have made it beyond where many in your category have and are well on your way to becoming a viable and sought-after entity.

The trick is you are not there yet, but to get there, you have needs.

Those needs are best defined as the need for people with expertise to help you move from where you are to where you desire to be.

A group of experts with skills beyond those of your founders to ensure that you stay on track, evolve, and grow.

Unfortunately, Most of these experts won’t work for pure sweat equity, which means capitalization.  The challenge is you don’t have the capital in-house or from VCs yet to hire people full-time to become:

Chief Operating Officers

Chief Marketing Officers

Chief Financial Officers

Chief Claims Officers

Chief Human Resources Officers

Chief Communications Officers

Chief Security Officers

And the list goes on.

Each person could cost you upwards of $300k annually to get people with the muscle memory, experience, and gravitas to make you worthy of the financial backing you desire. For instance, while it is ideal for an insurer to have a Chief Claims Officer on staff to integrate the claims function into the full insurance operations, it is pretty expensive to have this person on staff BEFORE YOU HAVE EVEN SOLD YOUR FIRST POLICY!

Sure, you can hire junior people who will work inexpensively.

Sure, you can DIY it, stretch yourself thin, and live with the trial and error.

But neither of these is productive for you or your team.

Junior people need leaders who can mentor them not only on the what but also on the why. Without that, they will make the same mistakes as you because they do not have…the twenty years or more in the industry with the expertise and experience that provide the connections or the knowledge of how to develop systems and processes quickly and effectively.

But here is a secret for you.  As you grow, you don’t need all these people in-house, forty hours per week, fifty weeks per year.

You don’t have enough business, customers, or challenges to keep them occupied or interested full-time.

That is where fractional leaders can benefit you. They are people who can come in as needed, provide expertise, lead teams, and build systems part-time so that you are paying them a monthly contractual fee instead of a full-time salary and benefits.

But let’s take this to the next step.  What if you could hire a team of fractionals to serve your specific needs?  Being able to bring a group of people together as a leadership team part-time, ramp up quickly, add value almost immediately, and allow you to grow exponentially.

Insurance Nerds is in the process of assembling such a group of experts. People across the insurance and insurtech industry know and can work together seamlessly to solve your issues. Not everyone on the roster will work on every project.  The goal will be to consult, assess, and build flexible custom teams, bringing you expertise as needed at a cost that is far less than hiring full-time in-house talent and provides even greater ROI.

Keep your eyes open for more information. If this sounds like something you could take advantage of immediately, contact Nick Lamparelli. He will arrange an initial consultation to understand where you are, where you desire to be, and what keeps you from achieving your goals.