Team Building Podcast

Team Building Podcast


Earn Revenue Without Residential Real Estate Transactions: How to Set Up an Ancillary Business in Insurance w/Cyrus Jaffrey

December 23, 2021

Real estate commissions, as we know them, are on the way out. Ancillary businesses are necessary to the survival of agents, teams and brokerages, and the only vehicle to keep driving revenue to our bottom line. 



We’ve talked at length about investing, but there are other pieces of the real estate transaction that are often overlooked. Insurance is one of them. 



This model allows us to earn revenue without a real estate transaction, earn income for years, and truly serve our clients.



How can agents earn money through insurance? What are the actual numbers behind why this model works? 



In this episode, I’m joined by entrepreneur and founder of Aksarben Insurance, Cyrus Jaffrey as we discuss establishing a solid ancillary business in the insurance space.




Three Things You’ll Learn In This Episode 



- Captive insurance vs. independent insurance


What’s the best insurance model for agent-advisors who truly want to drive value to the consumer? 



- 3 ways agents, teams and brokerages can get a slice of the insurance market


Can you earn more revenue through insurance even if you’re not doing hundreds of transactions? 



- Why insurance is a great source of residual revenue

 

There are about 120 million domiciles in America, and each of them need home and car insurance. How do we earn years of revenue through one household?




Guest Bio- 



Cyrus Jaffrey is an entrepreneur and the founder of Aksarben Insurance. With over 30 years of combined experience in the insurance industry, Aksarben Insurance works to find the best insurance rates for their customers delivered with an unmatched customer service experience.



From home and auto to business, health, and life. Cyrus runs a network of independent insurance agencies focusing on helping captive and Independent agents fulfill their dream of owning their own business and building a Legacy. 



For more information, get in touch with Cyrus at cyrus@teamcyrus.com.