Timothy R. Powers, MISSOURI GENERAL
Timothy Powers’ goal has always been to be a business owner. Prior to owning his own book of business, Powers worked in sales and management positions for large national and international companies, including Enterprise Rent-A-Car and Microsoft. While he enjoyed his roles, the growth opportunities were capped, and Powers wanted to have more input as to what he could ultimately make out of his business. So, in 2004, he left to pursue his goal in the insurance world.
From hiring his first full-time account manager six years ago to growing to his current team of four, Powers says he’s most proud of his retention rate, which hovers around 95% annually. He has consistently been among the leading salespeople at Missouri General and averages year-over-year revenue growth of between 25% and 35%. Specializing in P&C for commercial clients with an emphasis on workers’ compensation risk management, Powers helps manage workers’ comp exposure through employee safety training and loss prevention, resulting in around 75% savings for some clients.