Florida’s Insurance Market Starting to Normalize | Doug Jones President of HUB International SFL

Doug Jones entered the insurance industry in 2005 and started JAG in 2013 with his partners Luis Gazitua and Fernie Alvarez. JAG grew to be one of the largest independent insurance firms in the Southeast US and was acquired by HUB International in 2022. Currently Doug serves as the President of HUB South Florida, the 5th largest insurance broker in the world. In this conversation, we talk about the difference between being a broker vs. building a brokerage, builders vs. chasers, and how the insurance market has started to normalize.

TIMESTAMPS:
00:00 - Trailer
00:42 - Meeting Jamie Dimon
02:50 - Doug’s path to insurance
08:25 - Insurance business breakdown
12:55 - Relationship with partners
18:49 - Networking & long-term thinking
22:15 - Watching Entourage
23:09 - Social media videos with Gary Vee
26:44 - Decision to sell business
33:33 - Transition to HUB International
35:06 - Insurance industry
43:40 - Communication
46:01 - South Florida
49:12 - Scaling insurance business
52:25 - Advice & closing thoughts

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