Bill Martin, President and CEO, Plymouth Rock Assurance

Bill joined Plymouth Rock in 2016 and is in charge of our property insurance business and reinsurance programs. Bill has over 30 years of experience in the insurance industry. Bill was formerly President of Bankers Insurance, winning a Celent Model Insurer award in 2014 for simplifying homeowners insurance shopping. He also founded a startup with a new approach to flood insurance and has held senior positions at Farmers Insurance, Progressive and Travelers. Bill is a graduate of Stanford University, with a degree in Survey Data Research. He is a frequent speaker and author on insurance issues and has served on the Institute for Business and Home Safety and other safety organizations. He is an active board member of nonprofits that combat poverty and aid those with intellectual and developmental disabilities. He is an avid sailor, skier and trombone player.

Episode Transcript

Speaker 1 (00:01):
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Speaker 2 (00:06):
Insurance is a lot of spend. It's not bad to
get to pay for some advice if it costs more,
I doubt it does, But boy, I sure wouldn't want
the hassle and time it takes to buy all the
different types of insurance I need in my aage. I
am Bill Martin. I'm the CEO of Plymouth Rock Home Insurance.
Actually more home insurance carriers than there are auto insurance carriers,
and we're competing for fewer dollars and fewer people because

(00:29):
everybody more people have cars and have homes, so we
have to do something particularly different to bring them to us.
So my mission is to frankly, just create something people
want to buy. And nobody wants to buy home insurance,
so I've got two hurdles. One is they think I'm
the same as everybody else, and the other is they
don't want to buy it if they don't have to.
So Plymouth Rock has allowed me to do something very

(00:50):
very different in the home industry than anybody else. Is
done within an organization that's highly disciplined, well financed, and
just a smart. We'd like to provide services that are
more involved with your life, whether it be referring you
to a service provider that's going to help you with
your home outside of the insurance aspect, or a very
very fast purchase experience. I made it a goal to

(01:13):
have the fewest clicks possible to get a quote and
buy your insurance. Some other companies have tried it, lose
lots of money doing it, and we're actually succeeding at it.

Speaker 1 (01:22):
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