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A leading public entity insurer, Coregis
became a GE Capital company when it was acquired by our charter
client, Financial Guaranty Insurance Company. As the insurance
business became increasingly competitive and public entity insurance
becomes more and more a commodity product, brokers calls for bids
were slowing.
To break through the competitive clutter, and help Coregis reclaim
its leadership position, MPI created a message that caught the
attention of the brokers by putting them in an awkward spot if
they didn't call Coregis for a bid.
It can be hard to measure the success
of trade ads, but not in this case. The morning after the first
ads appeared the phones began ringing. Brokers were antagonized
(in a good-natured manner) by the ads, and agreed to bid Coregis.
The sales force was pleased by the response and Coregis has been
busy ever since.
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