This is how it all began.
hop over to this website 1980 – While in junior high school, Derek Wirz begins rating insurance policies in the family insurance agency on an IBM® computer supplied by Travelers Insurance Company®. Yes, there were computers back then. The funny thing is he used 5 ½ inch floppy disks for rating policies. Do you remember these?
click site 1988 – Starts Entrepreneurship Class – University of Tennessee Chattanooga and discovers a passion in a college class of owning his own business.
what is the ratio of men to women on dating sites 1989 – Begins career in family insurance agency and decides that the agency business is for him! Cutting his teeth on construction insurance policies. He sells his first commercial insurance policy to contractor, Thad Hunt. (Pictured here 25 plus years later.)
company website 1991 – Derek’s father, Paul, teaches him the business by ordering a portfolio of every coverage form that the agency sold. Everyday was a “coverage class.” He encourages him to obtain multiple insurance designations, including the Certified Insurance Counselor (CIC).
1992 – Buys his first insurance agency to focus on construction company insurance coverage.
1993 – He got tired of filing files, he programmed one of America’s first Agency Management Systems to manage the agency he had just acquired. Having the computer experience from the earlier days, he saw how databases could change the way agencies were managed.
1996 – Merges the agency into the family agency. A business with roots as far back as 1882.
2002 – The “Barnett Bank” decision causes a bank “feeding frenzy” over successful insurance agencies. Banks began calling on the family agency to “sell out.”
2004 – The family business is sold to a bank owned insurance agency and mom and dad retire.
2006 – Begins writing an insurance text book on the weekends and evenings. The idea behind the book was to help business owners understand their exposures to a loss and how to protect these exposures with the proper insurance policies.
2011 – As the book nears completion, the volume became over 1,000,000 words and was so large that he felt it needed to be pared down to one coverage first and then expand from there. He saw an article in Inc. magazine one evening where one of his college friends, David Bach, a famous author, endorses a book written by Brendon Burchard titled The Millionaire Messenger. The emphasis of Brendon’s book was simple: teach what you love. This motivated Derek to re-purpose the book to get his message out and solve the many problems that the insurance industry has with Workers Compensation. He starts in his home state which is Tennessee.
2012 – Tennessee Governor Bill Haslam commissions a report by the experts at Work Comp Strategies on how to solve many problems, particularly in Tennessee and Derek’s epiphany goes off. The report simply stated that “Expanding education will result in the best outcomes…”
Early 2013 – Derek assembles some of the best thinkers in America that understands Workers Compensation from all angles. One of the partners said “Workers Comp will change when all employers treat Workers Comp like they are self-insured – spending their own money for all claims…”
Late 2013 – Policyholder drops premium by over $130,000 annually by simply executing just a few of the hundreds of things taught in the curriculum.
February 14, 2015 – The program becomes available to employers across the State of Tennessee through a Learning Management System.