Summary
The worldwide economic meltdown that began in 2007 has left a trail of wreckage in its wake: job losses in the millions, an alarming rise in bank failures, record home foreclosures, bankruptcies of corporate titans like General Motors and Circuit City, local and state governments slashing services. Doug Setters, who heads up Creative Underwriters in suburban Indianapolis, is no Pollyanna. As a veteran specialty underwriter and general agent with more than 30 years' experience, he's clear about the daunting challenges facing his agency, its carrier partners, and the transportation industry. In May 2009, Creative Underwriters sponsored its ninth annual trucking insurance seminar in Indianapolis; and, despite the recession, the event attracted some 185 attendees from the ranks of retail agents and insurance company representatives. In addition to Creative Underwriters' considerable investment in the annual trucking insurance seminar, Doug also believes Creative must invest in its employees and systems.
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Extract
The Truck Stops Here
The worldwide economic meltdown that began in 2007 has left a trail of wreckage in its wake: job losses in the millions, an alarming rise in bank failures, record home foreclosures, bankruptcies of corporate titans like General Motors and Circuit City, local and state governments slashing services.
Amid all these bad tidings and gloomy forecasts, it's hard to be optimistic without sounding like a clueless Pollyanna - especially if you run a managing general...See the full content of this document
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