Greenville Business Magazine 2010 February issue : Page 47Jamie McVay, Jarrett Lanford and Scott Adams www.shop4lowrates.com At a time when absolutely everybody is looking for the best deals and the lowest rates they can get, a Greenville business group is stepping in to try to satisfy that demand in the insurance arena. As president of Shop4LowRates, Jamie McVay has put together a team of five associates/partners with whom he founded and launched shop4lowrates. com. “I am very entrepreneurial minded, have never been short on business ideas and have been part of a start-up orga- nizations in the technology field and in residential construction,” he says.. McVay and his partners Jarrett Lanford and Scott Adamss elected to devote their business skills to starting a business dedicated to making it easier for consumers to get the best insurance rates for all their needs.McVay did the research and found that “more than 32 million consumers a year kick the tires and surf for better rates online, but at the end of the day they tend to purchase policies at the local level with local agents they are comfortable with,who speak their language and are entrenched in their communities.Now consumers can do both, get the best rates right online from an agent right in their neighborhood.” Still using his background in the technology field,McVay explains how shop4lowrates.com works, “We generate authentic leads from consumers using mobile and internet advertising. Leads come in to our database and are auto- matically disseminated to hand-selected, reputable (insurance) agents throughout the companies. Leads are based on the zip code of the consumer and then matched accordingly with an agent.” McVay says, “By investing just a few minutes of their time, consumers can save hundreds of dollars on their insurance premiums.” He continues, “We have established this company to help consumers save money by enabling them to quickly and easily compare and shop for insurance.” www.shop4lowrates.com is not a franchise.McVay and his partners developed this idea as a way to make it easy for people shopping around for home and auto insurance policies. Insurance seekers visit shop4lowrates. com and list their needs, their vital stats, addresses, etc., and then local agents – from big name, dependable national insurance companies – compete for their business. This way the local resident does business with a neighbor and McVay claims, some clients can save as much as 14 percent on their insurance premiums. ■ FEBRUARY 2010 | GREENVILLE BUSINESS MAGAZINE 47 Publication List |
|
