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Larry Pratt is a 26-year leader in the insurance industry, who has a trusted reputation across the country as being a strong and effective leader. It is with this extensive experience in agency management and national sales that he has created Chambers Bay Insurance. In his career, Larry was the VP of Sales for Farmers Insurance, as well as the VP of Territory for the Northwest (Idaho, Oregon and Washington), California, Texas, and Alabama. During his leadership, Larry was well known for taking no growth territories and making them profitable. He was tasked with fixing a wide range of problems including declining market share, lost premiums, and regulatory issues to which he was continuously successful at. Larry founded Chambers Bay Insurance for his love of people. He wanted to better serve his community and allow agents across the country to do the same.
What Makes Us DifferentThe insurance industry across the country is going through a lot of change and disruption, which in turn has had a negative effect on insurance agents and their clients. Chambers Bay Insurance (CBI), is the solution to this disruption. Clients are better served when their agent has the proper support and tools they need. Having access to numerous products and a cutting-edge client management system, agents can truly serve and advocate for their clients. Clients no…
What Makes Us DifferentThe insurance industry across the country is going through a lot of change and disruption, which in turn has had a negative effect on insurance agents and their clients. Chambers Bay Insurance (CBI), is the solution to this disruption. Clients are better served when their agent has the proper support and tools they need. Having access to numerous products and a cutting-edge client management system, agents can truly serve and advocate for their clients. Clients no longer have to keep shopping for new insurance every year. They can be confident that no matter how their life or their insurance company might change, their agent can always be there to make sure they have the right product and price.Our agents have years of experience helping clients prepare for the unknown. With numerous carriers, we can hand craft a policy for you throughout the lifetime of your insurance needs. OUR PRODUCTSHOMES: Home/Condo/Renters/Landlord/Manufactured Homes VEHICLES: Auto, Motorcycle, RecreationalLIFE: Term, Whole, Universal, AnnuitiesWATER CRAFTS: Boats, Yachts, Jet SkisCOMMERCIAL: Auto, Property, General Liability, ContractorsPROFESSIONAL LIABILITYFLOODEARTHQUAKEMISC: Pet Insurance, Electronics, Home Warranties, Service Line CoverageWe compare various insurance products with numerous carriers so you can get the right product that fits your needs, coverage, and price.
Responsible for managing and growing a $1.3 billion dollar book of PC, Life/Health and Financial Services, through 1,250 captive agencies. Additionally responsible for sales leadership, pricing, profit and loss, product development, strategic vision and execution, regulatory, compliance and legislative involvement. In 17 months drove one of the most underperforming territories to one of the leaders in the country. Managed 32 employees and 22 District managers.
Responsible for maintaining and growing $3.4 billion book of business and attainment of gross written premium, new business and PIF growth in P&C, Commercial and Speciality, as well as premium development in Life and Financial Services. Additionally responsible for agent density, new appointments, new agent success, Brand management, combined ratios including product development and pricing as well as regulatory and legislative affairs. Managed direct staff of 4, lead 4125 agents and 90…