MMA Blog

Boise's Growth Presents New Opportunities and Risks for Businesses

Not everyone in the country is lucky enough to live in Boise, Idaho. This year, the city once again ranked #1 on Livabilty's list of Top Places to Live for cities above 20,000 and below a million residents, and according to a 2018 Forbes list, it's the fastest growing city in the country.

For local commercial insurance professionals, this growth presents new opportunities and new risks for their clients.  It has changed the way they approach discussions with business leaders.

Adam Guyton - Commercial Insurance

Micah Deckart and Adam Guyton, commercial insurance agents at MMA Insurance and long-term residents of Boise, note the innovative business community and culture are among the city’s greatest assets.

"Boise residents and businesses are known for being open to new ideas, which brings a lot of new residents who want to make their mark on their home city," says Deckart.

"But the benefit of a growing community can also be a challenge to employers," notes Guyton. "The unemployment rate and increased competition in Boise makes attracting and retaining talent a serious challenge.”

Because Deckart and Guyton’s approach is to look at business risks holistically, they have worked with employers of all sizes to quantify the direct and indirect costs of attracting and retaining employees, as well as strategies for the future.

Micah Deckart - Commercial Insurance

"We ask a lot of questions to our clients," notes Guyton. "Maybe more than they're used to. But it's a process that leads to strategies that align with their business.”

With a workforce prone for turnover, HR departments have to be creative in evaluating their benefits packages, and that means more than just a complimentary bagel breakfast and a gym membership.

"Many businesses are turning to ways to lower their benefits costs, and sometimes the best plan means more hands-on attention, like with self-funded plans or captive plans," says Trish Quarles, MMA benefits planning sales executive. "We make sure that any changes are the right ones for the business, as well as its employees, based on long-term work and planning we do with our clients."

In August, MMA released its 2019 Riscovery Insights Report, a look at the top pressing concerns and business risks through a survey of more than 180 leaders across the Northwest.  In addition to workforce and labor, business perpetuation and compliance were both major issues.

Trish Quarles - Benefit Planning

Perpetuation planning for many local businesses has been top of mind as current baby boomer business leaders are balancing a focus on growth with an eye on transition and business continuity in the coming years.  According to the MMA report, 59 percent of businesses do not have a documented succession plan in place.

“To deal with these risks, we bring an integrated team to our clients. We know communities are linked together, but the city's growth is linked to its businesses, its employees and the people who support all of them,” said Deckart.

Keep Up To Date

Subscribe to our blog for all the latest news, updates, and events from MMA and our partners

Subscribe

Tell us what you need. We’ll take it from there.

Get a Quote


    YesNo











        First, tell us about you:






        EmailPhone


        Next, tell us about your business:





        Now tell us about the coverage or coverages you need:


        Commercial InsuranceEmployee BenefitsHealth InsuranceSuretyOther



        NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a MMA Insurance representative advising that your request has been processed.

        You are ready to submit the form:

          First, tell us about you:






          EmailPhone





          Next, tell us about the coverage or coverages you need:


          AutoHomeIndividual HealthUmbrellaRecreationalWatercraftRenter’s InsuranceLife InsuranceWedding Insurance



          NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a MMA Insurance representative advising that your request has been processed.

          Now you are ready to submit the form:

            First, tell us about you:






            EmailPhone





            Next, tell us about the coverage or coverages you need:


            AutoHomeIndividual HealthUmbrellaRecreationalWatercraftRenter’s InsuranceLife InsuranceWedding Insurance



            NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a MMA Insurance representative advising that your request has been processed.

            Now you are ready to submit the form:

              First, tell us about you:






              EmailPhone


              Next, tell us about your business:





              Now tell us about the coverage or coverages you need:


              Commercial InsuranceEmployee BenefitsHealth InsuranceSuretyOther



              NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a MMA Insurance representative advising that your request has been processed.

              You are ready to submit the form:

                First, tell us about you:






                EmailPhone






                Next, tell us about the coverage or coverages you need:


                AutoHomeIndividual HealthUmbrellaRecreationalWatercraftRenter’s InsuranceLife InsuranceWedding Insurance


                Commercial InsuranceEmployee BenefitsEmployee Health InsuranceSurety



                NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a MMA Insurance representative advising that your request has been processed.

                Now you are ready to submit the form:




                    First, tell us about you:






                    EmailPhone





                    Step 1 of 2Next

                    Next, tell us about the coverage or coverages you need:


                    AutoHomeIndividual HealthUmbrellaRecreational

                     

                    WatercraftRenter’s InsuranceLife InsuranceWedding Insurance



                    NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a MMA Insurance representative advising that your request has been processed.

                    Now you are ready to submit the form:

                      First, tell us about you:






                      EmailPhone


                      Step 1 of 3Next

                      Next, tell us about your business:





                      Step 2 of 3Next

                      Now tell us about the coverage or coverages you need:


                      Commercial InsuranceEmployee BenefitsHealth InsuranceSuretyOther



                      NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a MMA Insurance representative advising that your request has been processed.

                      You are ready to submit the form:

                        First, tell us about you:






                        EmailPhone





                        Step 1 of 2Next



                        NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a MMA Insurance representative advising that your request has been processed.

                        Now you are ready to submit the form:

                          Review Form

                            First, tell us about you:






                            EmailPhone







                            NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a MMA Insurance representative advising that your request has been processed.

                            Now you are ready to submit the form:

                              First, tell us about you:






                              EmailPhone





                              Next, tell us about your claim:






                              NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a MMA Insurance representative advising that your request has been processed.

                              Now you are ready to submit the form:

                                First, tell us about you and your business:







                                EmailPhone


                                Next, tell us about the surety bond you need:







                                NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a MMA Insurance representative advising that your request has been processed.

                                Now you are ready to submit the form:

                                  First, tell us about you:






                                  EmailPhone


                                  Next, tell us about your business:





                                  Now tell us about the coverage or coverages you need:


                                  Commercial InsuranceEmployee BenefitsHealth InsuranceSuretyOther



                                  NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a MMA Insurance representative advising that your request has been processed.

                                  You are ready to submit the form:

                                    First, tell us about you:






                                    EmailPhone





                                    Next, tell us about the coverage or coverages you need:


                                    AutoHomeIndividual HealthUmbrellaRecreationalWatercraftRenter’s InsuranceLife InsuranceWedding Insurance



                                    NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a MMA Insurance representative advising that your request has been processed.

                                    Now you are ready to submit the form:

                                      First, tell us about you:






                                      EmailPhone






                                      Do you have insurance with us already?



                                      Tell us what you need:




                                      NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a MMA Insurance representative advising that your request has been processed.

                                      Now you are ready to submit the form:

                                      cross linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram