Insurance Lounge Franchising Opportunities
Our Insurance Lounge Franchise opportunities allow qualified franchisees to open one of our interactive retail storefronts. Our hybrid Insurtech format blends the physical presence of a traditional agency with the convenience of shopping online. With our independent insurance agency franchise opportunities, you’ll take a step toward the future of entrepreneurship in the insurance business.
Learn more about becoming an Insurance Lounge Franchisee.
What Makes Insurance Lounge’s Business Model Better?
See a side of insurance that will differentiate you from the competition. By pursuing this highly profitable business opportunity with Insurance Lounge, you’ll benefit from leveraging hybrid online and in-person services—helping you reach a broader customer base—and working with a wide variety of insurance carriers. Our hybrid format blends the professional advice and customer service people expect at a brick-and-mortar location with the convenience and no-pressure atmosphere of the online marketplace.
Revolutionary Retail Storefronts
Meet your customers exactly where they are with retail hours spanning seven days a week with an Insurance Lounge storefront location. Close leads from both walk-in traffic and referrals while also seamlessly expanding your customer service capabilities via self-quote kiosks, which will help you better prioritize how your employees spend their time. Our model is backed by years of research, which will help you develop a successful retail location that’s primed for an ideal customer experience.
Carrier Access & Top-Line Commission
Joining the Insurance Lounge family will offer you the opportunity to work with leading insurance carriers at top-line contract levels. Unlike captive insurance agents, the Insurance Lounge model is an independent agent model where you will be able to quote multiple companies side-by-side to offer the customer the best coverage rates.
No Pressure Shopping & Buying Experience
At Insurance Lounge, we transformed the Insurance Agent into a No-Commission Insurance Concierge®. This allows the consumer experience to be like no other in the industry. Having this unique format affords us consistently higher customer satisfaction, close ratios, and expanded opportunities to cross-sell additional products.
Effortless Lead Generation
When you come on board as an Insurance Lounge Franchisee, not only do you have the advantage of walk-in traffic from the look and feel of your Revolutionary Storefront, you also get access to leads from our Insurtech E-commerce Platform. Insurance Lounge has developed a seamless comparative shopping experience online, so consumers can get instant access to multiple carriers’ rates. These shoppers are then referred to their local Insurance Lounge Franchisee to finalize the sale.
SBA-Approved Franchises
Insurance Lounge has been approved by the Small Business Administration to be included on their franchise directory for added financing options for opening your own franchise. Through our funding partner, FranFund, franchisees can get approved for long-term, low-interest rate loans that are backed by the SBA, as well as other financing options.
With the recurring revenue model that is achieved with many of the insurance products that we sell, Insurance Lounge is a top choice when your goal is to build a thriving and sustainable business. Reach out to us today to take the first step toward owning your own franchise and learn more about our franchising opportunities.