Why Peter M. Wells Group?
"Our proven methods for increasing wealth and shareholder value will help your business create a sustainable and value rich future."
Improve The Value Of Your Business "We succeed at growing companies in the industries served...."
Our primary business purpose is to increase the institutional value for the clients we serve. We do this through our creative approach to technical innovation, go-to-market strategy, and value-based sales transformation.
The industries we serve include insurance, banking, construction, real estate and appraisal, and select government agencies. We focus on these industries because of our 30 plus years of expertise creating profound opportunity for our clients.
Coby Skonord / Founder and CEO"Thanks again for taking the time to meet yesterday, everything that we talked about was immensely helpful. Told my team after we sat down that it was the most substantive meeting I've had in the last 6 months. Already started those pro-forma's we discussed and setting up all our upcoming meetings to sell money instead of product. "
Dennis Chookaszian / Retired Chairman and Chief Executive Officer"a roadmap that helps carriers understand and implement strategies and techniques..."
CNA Insurance Companies
Former U.S. Senators Herb Kohl and Christopher J. Dodd / Committee on Banking, Housing, and Urban AffairsWells defined the problem and ultimate solution for "a significant contributing factor to the mortgage crisis we are currently experiencing that helped fuel inflated home values and mortgage balances . . "
Diane Richardson /The National Underwriter Company"Wells invented for the property insurance industry the definitive methodology for "evaluation of risk and valuation methodologies, the concept of total component estimating, and the effects of catastrophes on replacement costs..."
NICC and IBA - Canada /"Peter M. Wells is recognized as an industry veteran guiding business strategy, product development and co-sourcing for the benefit of the property and casualty insurance, building construction, real estate, banking and government sectors."
Brian Sullivan /Editor of the Property Insurance ReportWells concepts showed "the early adapters of the improved underwriting discipline, are giddy about the strong profits they have found."
Our 4 Principles for Success
Our belief is that innovation is the key to the next generation of successful businesses. We utilize intelligent databases, software and web-enabled applications with predictive analytics to take any current businesses with static, reduced or failed revenue gains into a realm of new vertical opportunities that increase profitability and shareholder value.
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Having a strategic business is one that effectively integrates the right decisions from which performance and value are seen quickly. You need a team that understands what it means to implement strategy at a level that exceeds the experience of your competition. With more than 30 years experience in working with investors, top corporations, and PE firms, we find ways to forge winning growth initiatives for our clients.
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Once a business designs a new solution for success, it isn't considered great until it's been sold. Only then has a business fully transformed or evolved. Through our proven co-management methods, we make sure that your solutions or any plan developed with us is ready by doing what other firms don't...we help you sell it. We only give the Peter M. Wells Seal of Approval when we know it will sell for the client. We do this by actually selling it with your team transforming the go-to-market process to your advantage.
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We place your business under the microscope of our analytic insights so you better understand and ALIGN with the best customers that drive long-term sustainable business with essential customer value. This is done through a complete deep dive into the mind and identity of a business from which we deliver position and advantage over competition in profound ways.
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What to expect when a client of PMWBG...
What we Deliver..
- Accelerated Growth
- Increased Profitability
- Enhanced Shareholder Value
- Business Transformation
- Competitive Market Position
- Development of Operations
Methods we use..
- "Whitespace" Marketing Analytics
- Optimization Assessment
- Transformation Mapping
- Predictive Analytics
- Resource Alignment
- Product & Service
- Insurance Technology Developement
- Cost Management
- Sales Process Coaching
Outcomes you receive..
- Measureable Earnings Results
- Sustainable Advantage
- Long Term/Exponential R.O.I
- Increased Institutinal Value
PMWBG News Updates
Namic Convention in Arizona, February 2015
Claims executives consider Video-Mail Communication technologies from Peter M Wells Business Group at the NAMIC convention in Arizona February '2015. Presented in cooperation with SYMBILITY Technologies, the program offers a breakthrough in fast, endearing and totally trackable communication no other correspondence medium provides. Best of all, it is delivered at a fraction of the cost of other messaging options - like mail.
New Analytics Technology
revealed at the P.I.R conferece
Peter M. Wells Business Group (PMWBG) introduced remarkable new technologies with significant and very positive financial impact at the recent Brian Sullivan Property Insurance Report (PIR) Conference held in Scottsdale, AZ. The PIR Conference provides an excellent forum for executives in the P&C insurance space to see what’s new in predictive analytics, innovation and overall book of business management and what the next generation of insurance innovation looks like.
Of significance to our customers is the introduction we prepared for advanced spacial delivery of the first comprehensive nationwide crime information database and index - conceived uniquely by LocationInc.com in collaboration with PMWBG.
For the first time, insurance companies now receive location specific insight into current crime activity in a simple to use score methodology that helps improve risk management, competitive positioning and pricing, and without the headaches of redlining. Top insurance companies are now using the technology which is cloud-based and delivers an important and very positive bump to the industry P&L.
White Space Marketing
Peter M Wells Business Group identified a major opportunity for the insurance Industry and many others by looking at the holes in the P&L for the markets that clients serve. From here large revenue opportunites can be found, and new formulas for big business growth can be developed. This type of thinking has been deemed White space marketing as it goes beyond the pramatic realms of marketing into an are unforseen by businesses that have not grown yet have all the potential to be large scale operations.
5 Didgit zip code data
Peter M. Wells was recognized recently as the originator of today’s 5-digit zip code data segmentation for use underwriting property insurance business in the U.S. Prior to that, insurance companies aligned to 3-digit or the closest major city. As the economy changed in the 1990s reflecting large migration of the population outside the boundaries associated with Major Statistical Reporting Areas (or MSAs), new communities with their own economic footprint emerged that often had quite different economic structure to the nearest MSA leading to the need to create new 5-digit segments within the 3-digit zones that represented an emerging local economy missing before. In the case of property insurance, these new segments, which became closely associated clusters of 5-digit zips were researched to have their own construction costs which affected the formula for Insurance to Value that Wells developed.
Adopting these new segments became universal in the years that followed within the property insurance industry so that now it is recognized as the industry standard for not only carriers but how regulators view pricing in the underwriting process. The program is also driving localized rating and pricing algorithms, new risk analysis models and the overall view of territorial directives.Contact Us Now!
Peter M. Wells Business Group Specializes in M&A, Insurance and Banking Financial Initiatives
Find Us @:
1111 North Marshall Street
Milwaukee, WI 53202
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