3 Mark Financial

Challenge:

3 Mark Financial is a national insurance and financial services marketing organization dedicated to delivering value-based products, state-of-the-art Internet-based information systems, underwriting expertise, marketing, training and recruiting programs to its customers. It works with Producers, Carriers and Clients across the USA delivering value and quality for its insurance and financial services clients. 3 Mark is a high growth company creating business performance, but in a challenging business environment, was looking to better capitalize on economies of scale, expand and enhance its offerings while reducing its overhead, and to leverage best practices, knowledge and industry best expertise.

Solution:

To create competitive advantage, 3 Mark became a member of Peloton Global and was able to access its depth of resources and experience. 3 Mark attended Peloton innovation sessions and was able to leverage ideas, innovations and offerings towards creating a stronger capability in its current segments, while expanding its potential in new market opportunities. Additionally, as 3 Mark was looking to create new revenue streams and enhance profitability, Peloton was able to open up its networking and brainstorming opportunities to 3 Mark’s advantage.

Benefit:

As a Peloton Member, 3 Mark has benefitted by (1) access to a comprehensive list of carriers that no other comparable competitor has access to, and (2) providing new carrier access and the resultant considerable value in new pending and paid premium at those carriers. In addition, (3) the company was able to gain access to dedicated underwriting, case management and leadership teams, (4) utilizing the marketing capabilities and relationships that other Members have built over the years, and (5) seeing increases in compensation.