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Insights on Insurance Adjusting and Success
Sep 17, 2024
Lecture Notes on Insurance Adjusting and Designations
Introduction
Discussion on enabling certain features on a platform.
Mention of various participants and greetings.
Reflecting on missing colleagues on a previous Friday.
Being an Adjuster
Running for Adjuster of the Year is significant.
Stepping out of the comfort zone as an adjuster.
100K is the floor, not the ceiling for earnings.
Achievements and Designations
Recent acquisition of AIC designation (Associate in Claims).
Importance and impact of being AIC designated.
The power and respect associated with industry designations like AIC and CPCU.
The Role of Third-Party Administrators (TPA)
Explanation of TPA firms and their functions.
TPAs manage self-insurance for various companies (Amazon, Costco).
Companies use TPAs to handle their claims process efficiently.
Career Advancement and Designations
Designations can facilitate movement into management roles.
The significance of having alphabets (designations) after your name in the industry.
CPCU holds more weight than a Master’s degree in certain circles.
Industry Gatekeeping
Challenges in gaining access to information about industry designations.
The conference experience highlighting the lack of openness from industry insiders.
Strategies for Success
Importance of networking and building relationships in the industry.
Staying focused and maintaining a positive mindset.
Continuous learning and investment in personal growth and education.
Resources for Aspiring Adjusters
Mention of a book titled "Adjust Your Way to 100K" for aspiring adjusters.
Importance of getting the right training and certifications.
Overview of available courses (Auto Boot Camp, Desk Adjusting, etc.).
Upcoming Opportunities
Announcements of upcoming classes and training sessions.
Encouragement to join the Insurance Adjuster Network for support and opportunities.
Conclusion
Emphasis on personal growth, cultivating positive energy, and self-affirmation.
Reminders of the potential and opportunities within the field.
Final Remarks
Encouragement for community members to stay motivated and keep striving.
Gratitude expressed towards the community and participants in the industry journey.
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Full transcript