25: Jeremy Rettig

Show Notes

  • Jeremy Rettig is the founder of Adjusting to 6 Figures, an online platform for all things freelance insurance adjusting
  • Greg Donworth is the COO
    • Jeremy discovered insurance adjusting through bartending in a hotel
    • During Hurricane Irene, some guests told him freelance catastrophe insurance adjusters can make over $100,000 in a few months
    • He searched online to disprove it, didn't find anything
    • Jeremy took the plunge and soon, was making more money than his friends
      • He found himself picking up tabs and friends not being able to go on vacation with him
      • He decided to train some friends, however, the idea didn't scale
      • This was the impetus for Adjusting to 6 Figures
  • It is an online platform for adjusters or people curious about it
    • They offer:
      • Online courses
      • A networking platform (with curated and vetted individuals providing more accurate information than you'd find on a Facebook group or a LinkedIn group)
      • Live mentor calls
      • An adjuster finder (for insurers and adjusters to link up)
  • The industry is facing a sharp talent decline because there is a lot of confusion surrounding entering the industry
    • The average age of independent adjusters is around 58
    • For example, during Hurricane Harvey and Irma, the market was hugely underserved
  • There are many kinds of insurance adjusters, but we'll use homeowners adjusters as an example:
    • The adjuster is the person who comes to your home and assesses the damage
    • They might work for an insurer such as State Farm, Geico, etc and be a salaried employee or they may be a freelancer who was contracted by the company
    • The freelancers are contacted by an adjusting company, essentially a middleman between freelancers and insurance companies
    • Good and efficient adjusters can process more claims in less time, giving them the ability to make more money
  • Adjusting to 6 Figures has almost NO competition
    • There is only one other website offering similar training, but it isn't as sleek and user-friendly
    • Their big competitive edge is curated content delivered on demand in an engaging way
    • The goal is to engage their audience in a genuine way to make learning about adjusting more interesting and fun