The impact and impact of COVID-19 on the world is undeniable, even determining what is the best investment for 2022. The pandemic has turned everything upside down, causing lockdowns to change consumer habits and preferences.
The impact on companies and businesses, both positive and negative, is truly immediate. Some have registered overwhelming numbers and have had to close their doors. This caused unemployment to skyrocket and people had to make Plan Bs, such as changing their specialty or starting their own business.
Others were luckier and managed to survive and even continue to grow and consolidate. However, they are part of a business sector where demand has never decreased or even increased and they can be ranked as the best investments for 2022. The insurance industry is a great example!
According to the Portuguese Association of Insurers, since 2015, the business sector has continued to record record growth. In fact, health premiums issued in 2020 increased by 8.2% compared to the previous year.
Numbers don’t lie and in fact the insurance business is proving to be one of the best investments in 2022. Also, there are other advantages of investing in the industry, who knows, opening your own shop. Read on to find out what they are!
Why is the insurance business one of the best investments in 2022?
If you want to become a business owner, insurance is undoubtedly one of the best investments you can make in 2022. This is one of the few industries that has managed to continue to grow during the crisis caused by COVID-19. No matter how many times you’ve been around the world, people always want to protect what’s most important to them, whether it’s their car, their home, or their health.
The growth that the space has experienced in recent years is not deceiving, and there are several reasons why it is one of the best investments to invest in 2022. The barriers to entry are low because the initial investment is small.
As it is a service supply company, it is enough to have a small office to work and receive clients. Lack of stock in Los Angeles also helps, as it reduces the capital needed to start a business and prevents you from pinning money. As a result, the monthly cost becomes practically insignificant compared to what you can earn.
It is a low risk investment (due to the high and stable demand) and has short and medium term profitability since the initial investment can be recovered in less than 12 months.
In addition to these advantages that make insurance one of the best investments in 2022, there are various professional and personal benefits. Becoming responsible for managing a business allows you to develop different skills (for example, effectively managing your client portfolio or improving your problem-solving skills) and specific knowledge in the field of insurance. The autonomy and freedom to manage your schedule cannot be forgotten as they provide you with an undeniable quality of life!
START YOUR INSURANCE JOURNEY WITH DS SEGUROS
Starting your own business is challenging and requires dedication and perseverance. To be a successful entrepreneur, you need to be a leader, someone who doesn’t sit idly by in adversity and creatively overcomes obstacles.
We know that every investment has risks. The insurance business, although it is one of the best investments in 2022, is no exception. But beyond the listed benefits, we want you to know that this risk has been reduced and you don’t have to go it alone.
Founded 5 years ago, DS SEGUROS already has around 100 agencies throughout the country and is proud to be one of the largest insurance intermediaries in Portugal. Not only does it stand out for the personalized advice it provides its clients, but it also works with almost all the insurance companies in the country.
The company believes that investing in its team is the key to success. Demonstrating this is the investment in the runner’s career, not only through training, but also through a unique start-up system. Being part of the DS SEGUROS network means knowing that you have the support you need and that you are never alone.
Setting up your own insurance brokerage firm is undoubtedly one of the best investments of 2022. In such uncertain times, this remains a stable field that continues to grow and has a future. This is an investment that you should not underestimate if you want to be a successful entrepreneur. And, with the support of DS SEGUROS, creating your business is now easier! What are you waiting for? Invest in your store today!
