Lou’s in the News

Posted by on Jul 31, 2014 in Blog

Lou’s in the News

The Independent Insurance Agents of Dallas (IIAD) published a interview with Lou, Agency Spotlight: Lou Zettler G.A. Non-subscription With over 28 years of experience in the DFW Metroplex, Lou Zettler brings a wealth of knowledge to our industry Background and Work Experience My grandfather and father were executive officers of the Metropolitan Life Insurance Company, when I began my career as a third generation insurance professional, my father started me on a Debit1 route a long long time ago. If your readers are unfamiliar with a debit route, agents were assigned an exclusive territory and a book, (Book of Business) this book had a single page for every policyholder within the agents territory. On the back of each page is where the agent collected & recorded premium payments (typically made on a weekly basis). The Debit agent would work his route much like an old fashion milkman or bread man in the cities and urban areas of America. A Debit agent’s job was to visit and collect premium, (many times I collected $1.25 per week) that afforded an agent the opportunity to visit with their clients on a much higher frequency than today and fine-tune your prospecting skills. In America this was known as industrial insurance, in England it was typically fire insurance, an interesting historical note, in the late 1680s, Edward Lloyd opened a coffeehouse on Tower Street in London, this became a popular with shipowners & merchants that eventually led to the establishment of the insurance market we all know as Lloyd’s of London. Captive Agent History My experience as a (former) captive agent, lead me to the independent agency industry. Working as an independent General Agent affords me the freedom to choose unique products, such as non-subscription and identity theft solutions. Furthermore the freedom to serve other independent agents and support their clients. Agency Description My independent general agency is the “One Stop Shop” for Texas Non-subscription2, a sophisticated comprehensive alternative to Texas Worker’s Compensation insurance. For 20+ years I have assisted independent agents throughout the state of Texas with access to quality A & A+ rated carriers, expert attorneys for ERISA plan design, loss control and marketing support, (inclusive of free leads). Of all the services we provide, my favorite activity is to go on a joint call with an agent and assist in the presentation. To fully inform a business owner that they have choices, dispel any urban myths, educate the insured and give them the opportunity to make an informed decision. Marketing Techniques I market my business through supporting industry associations, soliciting new agents and asking for referrals! A core element of success is maintaining a profitable and efficient relationship with my independent agents, turning around Quote requests ASAP, accompanying them on sales calls anytime, anywhere, intervening directly with the insurance company if there is a billing/claim problem. Responding to their phone calls, voice...

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Unmanned aerial vehicle (UAV)

Posted by on Jul 31, 2014 in Blog

Unmanned aerial vehicle (UAV)

About UAVs An unmanned aerial vehicle (UAV), commonly known as a drone is an aircraft without a human pilot aboard. Its flight is controlled either autonomously by onboard computers or by the remote control of a pilot on the ground or in another vehicle. UAVs include both autonomous drones and remotely piloted vehicles (RPVs). A UAV is capable of controlled, sustained level flight and is powered by a jet, reciprocating, or electric engine. In the 21st century, technology reached a point of sophistication that the UAV is now being given a greatly expanded role in many areas of aviation. They are usually deployed for military and special operation applications, but also used in a small but growing number of civil applications, such as policing and firefighting, and nonmilitary security work, such as surveillance of pipelines. UAVs are often preferred for missions that are too “dull, dirty or dangerous” for manned aircraft. History Austrian balloons August 22, 1849, the first air raid in history. Austria launches pilotless balloons against the city of Venice. The balloons were armed with bombs controlled by timed fuses. Some of the bombs exploded as planned but the wind changed direction and blew several balloons back over the Austrian lines. Although balloons do not generally meet today’s definition of a UAV, the concept was strong enough that once winged aircraft had been invented, the effort to fly them unmanned for military purposes was not far behind. World War I The first pilotless aircraft were built during and shortly after World War I. Leading the way, using A. M. Low’s radio control techniques, was the “Aerial Target” of 1916. World War II More were made in the technology rush during World War II (one is The Queen Bee); these were used both to train antiaircraft gunners and to fly attack missions After that, drones are used with several purposes in Vietnam War, Yom Kippur War, and in gathering intelligence program after the September 11 attack. But I think that was so enough information for wars. Life changes and so the use of drone, lol. FAA restriction For recreation and sport purposes – voluntary safety standards of the Academy of Model Aeronautics For non-recreational purposes in the US – users must obtain a Certificate of Authorization (COA) to operate in national airspace; At the moment, COAs require a public entity as a sponsor. For example, when BP needed to observe oil spills, they operated the Aeryon Scout UAVs under a COA granted to the University of Alaska Fairbanks. COAs have been granted for both land and ship-borne operations As of August 2013, commercial unmanned aerial system (UAS) licenses were granted on a case-by-case basis, subject to approval by the Federal Aviation Administration (FAA). A Congressional mandate to integrate UASs into U.S. airspace protocols is forecast to grant FAA licenses more broadly as early as 2015; the agency expecting that...

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Identity Theft – Cyber Crimes & Protections

Posted by on Jul 25, 2014 in Blog

Identity Theft – Cyber Crimes & Protections

Identity theft is not just having your credit card information stolen, then someone impersonating you, when they go shopping at Walmart… Yes, you may have have received a phone call from your credit card company as they are warning you or have detected fraudulent charges and placed your account on hold while they issue a replacement credit card, debit card etc. Identity theft can be much more insidious, unknown person or persons can masquerade with your identity, seek and receive medical care of which you will be financially responsible, until you convince the medical provider that it was not you, that had the hip surgery. The IRS receives over 1.5 million fraudulent tax returns i.e.: someone has stolen your identity, submitted a federal tax return and received a substantial refund. Then you file your taxes & they say we already sent you a refund, can you imagine how much of a hassle that will be trying to convince those people (IRS) that it was not you who filed a fraudulent tax return. Perhaps the most egregious and dangerous form of ID Theft  is when someone steals your identity, commits a crime, does not show up for the hearing, resulting in a warrant issued for your arrest!  Can you can imagine how disruptive that would be, arrested and incarcerated while you try to convince everyone that it was not you who committed the crime. Credit monitoring services, especially those that are widely advertised, are strictly monitoring services, they will tell you whether they think you have a problem,  when your identification may have been breached and maybe in the hands of criminals. What they don’t do, is help you cure the problem! Look carefully at the services they offer, the best identity theft protection service immediately provides you with legal representation, insures you against the expenses and liabilities of identity theft and more importantly assumes the risk of curing these problems by spending the hours and days on the telephone talking to respective entities, such as the IRS, the police department and/or a medical provider. Law enforcement statistics are discouraging, one of every three Americans will have their identity stolen with an unknown impact on their lives, after careful research and many interviews, I found the best protection for my identity, please contact me so I can share with you, how they can protect you also. Lou Zettler...

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YOUR TRUSTED CHOICE FOR INSURANCE

Posted by on Jul 12, 2014 in Slider

YOUR TRUSTED CHOICE FOR INSURANCE

“I organize risk, which is quite different from marketing an insurance policy. You want protection & indemnification, I listen, offer suggestions and search out the most appropriate insurance contract for your organization. The end result is a competitive advantage while ensuring a secure future.” Lou Zettler, GA, MGA

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