is a national financial services organization founded in 2009 by Patrick Bet-David. "They're hungry for this type of transparency, and I believe it will give them the tools they need to push PHP to the next level." "When showing the dashboard interface with the ability to slice and dice production numbers and compare their output with peers, the agents attending actually cheered," Benedict said. During a recent demo, reactions from agents who had an opportunity to use the software were resoundingly positive. ![]() After transforming her vision into a software initiative, Benedict worked with a dedicated team to create a system that equips PHP agents with information and tools to better manage their agencies. ![]() "For home office, the emphasis on automation will greatly improve our quality and efficiency."īamboo came to fruition after Jennifer Bet-David, PHP's Executive Vice President of Operations, brought her vision for a proprietary management system to Ian Benedict, Chief Financial Officer of PHP. "Our goal is to make doing business with home office as simple and easy as possible, so our agents can focus on growing their business," Hays said. "The speed, efficiency, and delivery provided by Bamboo means that any Financial Marketing Organization with access to this software would be able to double their growth rate."Īt launch, Bamboo will be equipped with all vital functionality that will make it an instrumental resource for PHP and its agents, but there will be many opportunities to automate and improve features and processes in the future. "We feel this technology is going to be the bamboo of PHP, helping us reach our goal of 500,000 agents by 2029," said Patrick Bet-David, CEO and Founder of PHP Agency. The system was named after the bamboo plant because of its ability to grow at exponential speeds in a short period of time, a property that exemplifies the potential of the new platform. "PHP is primed for greater success, and we now have technology that can grow and scale in lockstep with our business." "Bamboo is a significant investment in PHP's future. We've experienced tremendous year-over-year growth for the last several years, and YTD sales and recruiting numbers are up approx. The system also provides historical production numbers and trends, access to a real-time leaderboard and contests, and has as an internal messaging app to provide private communication with other agents and home office. ![]() 12, 2020, and provides several features, such as allowing agents to submit new business, track and monitor commissions, manage licensing, appointments, and their book of business. The new platform, called Bamboo, will improve the communication between home office and the field, providing a common interface to manage the various agency activities required to run an insurance business.ĭavid Hays, Chief Information Officer of PHP, says Bamboo is slated to launch on Oct. annual national convention, PHP Vision 2020, held virtually on Aug. 27, 2020, with an audience of more than 13,000 agents, PHP announced the upcoming launch of its new comprehensive agency management platform. 15, 2020 /PRNewswire/ - During the PHP Agency, Inc.
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