Ryan Kittinger
murrieta, CA (USA)
Role(s):
Founder/Owner/Principal
Ensureology
Find More Startups
Startup
Location:
Temecula
Industry:
Insurance
Year Founded:
2015
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
Hi my name is Ryan Kittinger, and I am a co-owner of Ensureology Insurance Services. My partner Destry Hunt and I came up with an idea to offer insurance in a completely new and creative way. We started the business back in November, and have made great strides in getting it off the ground. We have over 60 different carriers that we are directly appointed with through which we sell home, auto, life, and commercial insurance. We are the first company in the history of insurance to reward the customer back 3% of their premium. In addition, we are also the first to ever donate 2% of the premium to any charity of the customer’s choice, amounting to a grand total of 5% that we give back. Consequently, we have customers who not only save money on their insurance but gain a little money back while supporting their favorite cause. The end result is an exceptionally happy customer and the joy that is created from giving back to their community and beyond.
On the commercial side of business, we had a great idea that has come to fruition, called a Full Enrollment. Full Enrollment is where we go into a business to address their commercial insurance needs, we then ask to sit down with their employees to secure their personal insurance needs as well. By doing so, we make the employers’ ecstatic by saving them money, making a donation to their favorite charity, and offering them a chance to earn commission on their employees’ auto, home, and life policies through our referral program.
Another business tactic that sets us apart from everyone else is our idea of Uberizing insurance. Uberizing is where we put our product and tools into someone else’s hands to have them promote and operate on behalf of our business. We have what are called “Ensureologists”, which are people who can earn money by simply referring people. Any time a referral is made and we gain a sale, the Ensureologist instantly gets paid out their commission bonus. It is especially great for college students or family and friends wanting to earn a little bit of extra cash selling a product that everyone needs and buys.
These are just a few of our ideas that have proven to be a success. We have turned these ideas into a reality, and we have had our doors fully opened now for 3 months with a substantial amount of success. The problem we face now is that insurance is a slow, patient waiting game, it takes a couple years to start making great money. It’s basic math at the end of the day, if you sign up 250 people the first year and make 150,000.00, you can expect to make that the next year as long as you retain them as customers. Playing upon the idea of compounding gains, any new profits from policies issued for each consecutive year will be added to the initial year’s earnings.
We had an investor who was going to sell one of his houses and invest in us for $500,000.00, but he is now having to keep his second home to support his family. What we are offering is both lucrative and appealing. We will offer a third of our company to anyone who is willing to invest 500,000.00. The money will go towards payroll, rent, overhead costs, and marketing efforts. Once the business is running itself, and the monthly costs and profits are even, we will then give 50% of our net profits back to the investor. Once the investor has been paid back their 500,000.00 they will receive 33% of our net profits for the longevity of our business.
If you are looking to invest into a company that not only does business the right way, but leads by example when it comes to morals, values, and community involvement then please, don’t look any further. Thank you for taking the time to read a little about us, we would love to tell you more and see if you would be a good fit for us.
Best Regards,
Ryan Kittinger
Destry Hunt