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Run Time: 12:34
Gordy Bunch on Growth at The Woodlands Financial Group
Richard “Gordy” Bunch, president and CEO of The Woodlands Financial Group, readily concedes that starting a personal lines-focused insurance business in Texas in 2001 - while the state was in the throes of the “mold crisis” - may not have been the best of plans. Nevertheless, it has worked out well for him and the company he founded.
TWFG in 2012 had premium sales of more than $267 million, representing a 28 percent growth over the previous year, and the firm is targeting another 25 percent growth spurt in 2013.
Here, Bunch describes his unique business model and how TWFG has grown into the multi-faceted organization it is today.