I had a chat with my grandpa this afternoon, who was formerly a broker/ agent.
He said he walked in off of the street and was offered the job. he had no qualifications, but had a lot of contacts. He then became independant, and made some good money.
This leads me to hear and now... I am going to find out what it takes to open an insurance agency, and do what everyone else doesn't do. (If of course it is viable, and not too much trouble... but we'll see)
Because the discrimination acts list insurance as an exception to the acts, I can say we only insure ...... (Insert specific group here), effectively allowing whose money you would like to take, and who you prefer would not have existed (Thats the way they work )
I was thinking something along the lines of DRY car insurance- for the Dangerous, Risky and Young; hi-po cars, high risk, high claims.... it seems logical, and no one else wants to touch it with a 40' barge pole. Young (18-24) males are twice as likely to crash as any other group, but pay premiums up to 50 times as much as any one else.
I know there is a large market, but is there any interest?