002: Education in the Insurance Industry - with Kevin Hancock Part 1

In this episode, Kevin will talk about being awarded chartered status for Yutree Insurance, what steps are required to gain this status and discusses the challenges in progressing to chartered status. He will also discuss the importance of keeping his employees engaged in constantly learning and evolving, and the future prognosis for the insurance industry. PART 2: https://theinsurancebroker.podbean.com/e/tibp-kevin-hancock-part-2/ KEY TAKEAWAYS: Taking the exams as early as possible and studying throughout a career is a key for building a successful career as a broker Client-centric and staff-centric models are the more sustainable business models BEST MOMENTS: “Translate what you’re learning academically to what is going on in the real world and have real examples and case studies, so it’s not just trying to absorb what’s in the book… Try and buddy up with someone as a mentor” “If someone asks how I get to X? the answer is that it just depends where you're starting from. We need to understand if someone is doing some learning, either they are starting from base zero or they are halfway up the mountain. How a mentor might help you depends on your starting point” “One of the things that I would say to anyone, whether or not you are in broking, claims, underwriting, any parts of the profession is actually put yourself forward for a bit of this kind of networking. Get involved with your local CII institutes or your Biba region or, or whatever else it is, because you'll meet people along the way that at some point in the future, you can be of help to them and they to you, you just won't note at the time.” RESOURCES: Yutree website: https://yutree.com/BIBA Website: https://www.biba.org.uk/The 7 Habits of Highly Effective People by Stephen R. Covey: https://www.amazon.co.uk/Habits-Highly-Effective-People-Powerful/dp/0743269519About Charles Handy: https://en.wikipedia.org/wiki/Charles_Handy   ABOUT THE HOST Sarah Myerscough is the Sales and Marketing Director of Boston Tullis Group. The founder of The Insurance Brokers Podcast, she brings a wealth of marketing experience and a fresh perspective on marketing in the insurance sector. Boston Tullis works with insurance brokers to offer solutions to business development ceilings, particularly in the rapidly developing fields of video marketing and thought leadership. If you would like Sarah to help you develop an integrated marketing strategy, using state of the art concepts, then please book a free 20 min call via Calendly    Website: https://bostontullis.co.uk/ Evaluation Link: https://s.bostontullis.co.uk/s/podcastevaluation ABOUT THE GUEST Kevin Hancock is a Managing Director at Yutree Insurance Ltd. His insurance career spans over 30 years in the industry. Kevin firmly believes in a client-centric approach which is the foundation for all Yutree business decisions. Kevin is also involved in CII (Chartered Insurance Institute) and BIBA which gives him an extensive reach into the industry which he uses to support and shape the development of the insurance and broking world. LinkedIn: linkedin.com/in/jemcokevinTwitter: https://twitter.com/jemcokevin