Roemer Insurance Sees Soft Market as Ideal Time for Business Expansion.
Business Expansion
Plans Call for Increased Staffing in All Areas.
Toledo, Ohio, January
22, 2008—The insurance market is in a down cycle right now
and while some might see that as a threat, Toledo-based Roemer
Insurance sees it as an opportunity for growth. The independent
insurance and risk-management firm is increasing staffing in all
areas of its business, from customer service representatives to
sales account managers. Roemer Insurance believes that the best
way to ride out an extended soft market is to take a long-term
view of the situation. According to President and CEO Rocky Roemer,
the company is uniquely positioned to take advantage of current
market conditions and increase market share. “We have longstanding
business relationships and tremendous regional name recognition,”
he said. “My grandfather, Wellington F. Roemer, broke new
ground in the 1930’s with his trucking insurance innovations.
The name Roemer has been synonymous with insurance in our region
ever since,” he stated. Roemer Insurance embraces the soft
market cycle for its pruning effects on the insurance market—only
the strong companies flourish under soft market conditions.
Founded in 1934, Roemer
Insurance was one of five major local insurance firms— a
number of whom have since been acquired by national insurance
brokerages or regional banks. “There has been a sea change
in the insurance business with all the cavemen and lizards selling
insurance these days,” said Rocky Roemer. Yet, Roemer believes
that most people still feel more comfortable talking to someone
they know and trust about their insurance needs. “The Roemer
name is respected for adherence to the fundamentals of insurance:
integrity, financial responsibility and client service.”
Transportation Division
Sales Manager, Michael Lawrence, believes that soft markets lead
to increased competition, and explains that Roemer Insurance competes
by building relationships with its customers. “We work to
provide consistent value based on insurance expertise more than
lowest price,” he said. According to Michael Lawrence, implementing
this relationship-based sales philosophy is time consuming and
takes a special type of person—someone willing to be patient
and committed. ”I’m looking for experienced professionals
who are interested building a career, not just looking for a job,”
he stated.
Roemer Insurance approaches
hiring differently than some of its competitors, said Lawrence.
“Instead of bringing on several new employees at the same
time and waiting to see who will wash out and who will work out,
we look for the one or two people who are right for the company,”
he said. “And then we find the best place for them within
the company,” he stated. Roemer Insurance enjoys high employee
retention and offers its employees opportunities to branch out
into related areas or grow into management positions. “Because
Roemer Insurance is family owned and operated it is possible to
make an impact,” he said. “Your efforts are appreciated
and it is very possible to advance.”
Headquartered at 3912
Sunforest Court in Toledo, Roemer Insurance currently employs
more than 30 people. The firm specializes in trucking insurance
coverage including liability, physical damage, motor truck cargo,
commercial auto liability, Workmen’s Compensation, as well
as group employee health insurance and benefits. Insure My Rig,
Roemer’s small fleet division, provides online insurance
services to owner/operators and smaller trucking fleets via its
website, www.insuremyrig.com.
Roemer Insurance publishes
The Roemer Report, a monthly digest of news for the trucking industry
read by fleet operators, owner-operators, and allied personnel.
Often referred to as the “Kiplinger Letter of the Trucking
Industry“, the report has been published for more than 30
years. The publication is distributed free of charge in both print
and electronic formats and is archived on the Roemer Insurance
and Insure My Rig website.
Roemer Insurance’s
Health and Life Benefits Division offers employee and individual
benefit plans including health, life, dental, vision, disability,
long-term care, prescription plans, retirement savings and investment
strategies. For more information about Roemer Insurance call 419.475.5151
or visit www.roemer-insurance.com.
About Roemer
Insurance
Established in 1934
by trucking insurance pioneer, Wellington F. “Dud”
Roemer, Roemer Insurance is a third-generation family owned and
operated insurance and risk-management firm. Roemer Insurance
is a Toledo-area leader in employee health and benefit package
plans, with strong community ties and active participation in
business and charitable organizations. Committed to technology
and sound insurance practices, Roemer Insurance continues to set
the standard in risk management and customer service. Roemer Insurance
is a member of the Independent Insurance Agents and Brokers of
America and The Professional Insurance Association. |