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Strategic Insurance Services Introduces Game Changing Idea; Part-Time and Gig Economy Workers Check Out: InsuranceSideHustling.com

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CLEARWATER, Fla., Jan. 21, 2020 /PRNewswire/ — Strategic Insurance Services (https://www.getstrategicins.com/) recently announced the launch of its unique insurance sales and training platform: www.InsuranceSideHustling.com. The platform was created by industry leading insurance advisor, Doug Levi, to address a major gap in the part-time freelancing market, commonly referred to as the gig economy. InsuranceSideHustling.com  teaches the basics of insurance sales and provides a path to help those who want to sell home and auto insurance part time, all from the comfort of their own residence.

“Regardless of the ups & downs in the economy, people will always need insurance, said Doug Levi, Chief Encouragement Officer at Strategic Insurance. It’s surprising that a side-hustle hadn’t been developed for home and auto insurance sales. The income potential is significant, and the marketplace for insurance is huge. With InsuranceSideHustling.com we’ve created a program that takes our team’s insurance  knowledge, and helps train new people to become a trusted insurance broker — all in their spare time. our team supports behind the scenes doing the service and admin work. Since rolling out this platform last year we are getting about 20-50 new applicants a month, and have had people as young as 19, and as old as 71 all want to come on board.”

InsuranceSideHustling.com: Dream Big. Make it Happen!

Home and Auto insurance are products needed by clients nationwide. Average earnings range from hundreds to thousands per month and is based on your sales. As with most sales positions, the harder you work the more you can earn. Doug Levi and his award-winning insurance team, work with new students to provide the skills needed to:

  • Get licensed for Personal Lines Insurance. Team members can get licensed in as little as 2 weeks. Team members set their own schedules while being their own boss, with all the support and training to be successful.
  • Develop Marketing Action Plans (MAPs) that allow them to attract, approach and secure new clients immediately.
  • Use Social Media as a networking and prospecting tool, as well as accessing our closed Facebook group for training and support.
  • Build a book of home and auto insurance clients, that create recurring income.
  • Develop a team of people to help expand even further.

People who have “AWE,” which Levi defines as a positive Attitude and strong Work Ethic will do great said Levi. “We can teach you the insurance part. You’re plugging into an established, agency and learning skills from experienced professionals; and all of that, with very low startup costs to get licensed. All great things start with a small step.” Levi’s favorite saying is, “Dream Big. Make it Happen!” and with Insurancesidehustling.com and Levi’s team at Strategic Insurance Services, that dream can become a reality!

Media Contact:
Doug Levi, Owner
727-385-5082
230857@email4pr.com

SOURCE Strategic Insurance Services

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Economy

Future of Work | The Gig Economy

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Future of Work


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Today more than 55 million Americans work in the gig economy, which operates through digital platforms like Uber, Lyft and Task Rabbit. Fueled by technological advancements, the gig economy allows workers like Chloe Grishaw to set her own schedule, and know what she’s agreeing to, without any long-term obligations. The freedom and flexibility, however, comes with financial insecurity.

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Economy

Gig Economy—How Deep Is The Discontent? – BloombergQuint

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Good news and bad news about the ‘gig’ and app-based economy, according to JPM

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A recent JPMorgan Chase report found that workers earning money through the online platform economy are particularly vulnerable to economic shocks.

The online platform economy, which includes ride-sharing services like Uber (UBER) and Lyft (LYFT), online marketplaces like eBay (EBAY) and StockX, telemedicine companies like Teladoc, and other online services, supports almost 8% of families in the United States, according to the report.

This sector also experienced a higher rate of unemployment than the general economy, the report found. “Overall, we see significantly higher UI rates among platform participants relative to the non-platform group,” authors Fiona Greig and Daniel M. Sullivan, wrote in the report. 

“At its peak, the UI receipt rate of drivers was just under 19 percent, over twice the rate of the non-platform group. UI receipt rate among platform participants in other sectors are also elevated, peaking between 13 and 15 percent.”

Rideshare Uber and Lyft drivers rally in support of the Protecting the Right to Organize (PRO) Act, in Los Angeles, California, U.S., March 16, 2021. REUTERS/Lucy Nicholson

Rideshare Uber and Lyft drivers rally in support of the Protecting the Right to Organize (PRO) Act, in Los Angeles, California, U.S., March 16, 2021. REUTERS/Lucy Nicholson

Workers in such industries may be particularly vulnerable to economic volatility like the one induced by the coronavirus pandemic, the report found. “Almost one in five drivers in 2019 was receiving unemployment insurance at the beginning of the pandemic,” the authors wrote. “Of all platform workers, drivers appear to be the group of biggest concern for policymakers from a welfare perspective. They are the most numerous group, have the lowest family incomes, were the most likely to have received unemployment insurance during 2020.”

Drivers were the group which, in the aggregate, were most reliant on the gig economy for income, with leasing platforms accounting for 15% and 20% of the median family’s total income. However, this share of income has decreased since the onset of the pandemic, in part due to reduced demand for riding services as well as an influx of support from government transfer payments.

“The continued rise of the Online Platform Economy raises the importance of strengthening the social safety net for contingent workers and reducing the administrative burdens associated with platform income,” Greig and Sullivan wrote. “Reducing administrative hassles associated with verifying platform income for the purposes of filing taxes, qualifying for social safety net programs, or gaining access to credit, could materially improve and simplify the financial lives of platform workers.”

Online platform economy ‘on the rise’

Despite the new and continuing risks associated with it, the gig and app-based economy has provided a significant role in generating income for people, especially during the pandemic.

“The Online Platform Economy is a crucial source of income for many families even after the shock of the pandemic,” the report noted. “At its peak, almost 8 percent of families earned platform income in any 12 month window.”

Drivers in the ride-sharing economy make up a large portion of the growing gig economy. The online platform economy is especially important for these drivers, who “represent the lion’s share of supply-side platform participants and have the smallest total family incomes,” the authors wrote. “Additionally, lessors derive the highest revenues and the largest share of their total family income from platforms.”

Though concerns regarding the treatment of drivers in the ride-sharing companies have abounded recently, the online platform economy continues to grow and already represents an important part of the total economy, the authors found.

Ihsaan Fanusie is a writer at Yahoo Finance. Follow him on Twitter @IFanusie.

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