NAILBA Perspectives Winter 2020 | Page 31

SPOTLIGHT Words from a 40-year brokerage veteran — Cindy Gentry The Douglas Mooers Award for Excellence is NAILBA’s most coveted and prestigious accolade honoring distinction in brokerage. It is presented annually to individuals most committed to furthering independent life brokerage as a distribution system, and who demonstrates an exemplary record of community service. NAILBA’s 2019 recipient, Cindy Gentry, has stamped the industry with her seal. As she ventures into retirement, Gentry’s success has been one to marvel upon. In her almost 40-year career, Gentry exemplified the very core of the Douglas Mooers Award for Excellence. She assumed copious leadership roles throughout the industry, receiving several awards along the way, accomplishments that became a testament to her business acumen and esteem among her peers. From serving as President of Corpus Christi, TX NAIFA Chapter, to recognition as “Agent of the Year,” by her local CLU Society, Gentry is a pioneer among brokerage principals. Gentry has indeed carved out her legacy and shares some thoughts on how brokers can leave their mark. In her almost 40-year career, Cindy Gentry exemplified the very core of the Douglas Mooers Award for Excellence. The consumer’s wants For those new to the industry, Gentry notes that she believes there is still a place for brokerage distribution. However, the brokerage of the future needs to be more open to the consumer. Be open-minded to how the consumer wants to shop and learn. They are calling the shots and are empowered to do so. It is time to adapt and meet the consumers’ requirements and not the other way around. “Think of Capital One and its new ‘Coffee Shop Banking’ concept,” Gentry recommends. Recruiting women brokerage Insurance is a service-oriented business, and it is typically an innate part of women’s makeup to be more caring and nurturing. This inherent nature makes women well suited for the industry. Still, they also need to be dedicated, resilient, robust, and organized. Gentry shares, “I have often thought that a campaign to uplift the image of the insurance agent would do a lot. Not only to recruit women but also to attract younger generations to join our industry.” General vs. niche Working a particular niche or two provides more insight into the character of those individuals and their needs. Find your target groups such as millennials, women, high net- worth, or foreign nationals and study them to become familiar with them. This focus allows you to not only service your customer, but to do so well. Do note, to focus on specific niches with success, an openness to the consumer’s wants, as mentioned earlier, is required. Balanced technology Technology is a must in running a business. There is no question about it. The key here is balance. There is something lost in just emailing or texting when it comes to communication. Gentry concludes, “I am still a great advocate of picking up the phone for creating the best conversations.” Nona Phinn President & Consultant THuS Marketing and Branding www.nailba.org 31