Mexico Insurance Services, Inc – Small Business Sponsor

We want to thank Mexico Insurance Services, Inc for becoming a Sponsor of the 2010 Hispanic Business Showcase. Their support will contribute to the growth and development of the business community of San Diego. We want to share with you the story of Mexico Insurance Services, Inc.  We hope that you can get motivated by it.  Their story shows how entrepreneurs are successfully implementing e-business tools to become more efficient and be more competitive in today’s market. Mexico Insurance Services, Inc is a clear example of what a business owner can accomplish by utilizing e-commerce tools as part of their business model.

We want to thank Chuck Lundy – President at Mexico Insurance Services, Inc  for his valuable support. His vision, knowledge and business experience have helped Mexinsure.com to become one of the leaders in the tourist auto insurance market. Here is how everything began:

1. What inspired you to start your business?

In 2001 while working in IT for a Mexico Insurance agency in San Diego I saw first-hand the potential marriage between e-commerce and tourist insurance. I saw a need, a customer need for quality insurance from a trusted provider. I also saw the expense involved in operating a brick-and-mortar operation. I knew that if we could put together a world-class insurance package on a state-of-the-art e-commerce storefront we would have clients lining up.  As it turns out, due to the lower-overhead of the e-commerce operation we were able to undercut our competitors by nearly 30% on premiums and fees.

2. How did you finance it?

Self-financed with personal savings.

3. What is the biggest challenge your business has faced and how did you manage it?

Two challenges we face in our industry is the rapidly changing technology and security requirements, and meeting the diverse needs of our clients. Managing the technology challenges I employ solid Project Management principles and hire the best technical resources I can find.  As for the needs of our clients, we employ the most personable person we could find to handle all clients matters.   Due to the nature of our business we are able to react quickly to changing demands.

4. What sets you apart from your competition?

Our technology and the rates.  We specialize and stay focused on tourist auto insurance.  In doing this, we have become very efficient at offering insurance for Mexico at the best rates.

5. Where would you like to see your business headed in the future?

I think we’re headed in the right direction.  Every day we add a new, happy client.  Our goal is to serve clients, and make things better every day.  We will continue to do that, one client at a time.

About Mexico Insurance Services, Inc.

We are an Internet insurance broker of Tourist Auto Insurance for Mexico based in San Diego, California. We are Surplus Lines brokers operating under authority from Department of Insurance in California with non-resident insurance licenses in multiple states. If you drive to Mexico, you must have Mexico insurance or Mex Insurance. This is the perfect place to purchase quality insurance for Mexico in minutes. Enjoy the convenience, quality, and money saving option of using our state-of-the-art website insurance system to purchase and print your policy before you hit the road.

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