Rotarian Nick Fandel was finding his niche in the financial world–in the mortgage placement business.
Then Covid came…and the housing market contracted and high interest rates changed the financial investment area of his concentration.
A year ago, he pivoted: He’s now passed the one-year mark in the personal lines/insurance market. Not that this is an easy niche either. “Markets are very competitive,” he told Rotarians on May 14 in a vocational talk. “Some states are worse [than Oregon]. In some, you may not get insurance.” He cited California.
Nick further observed: “Only one insurance company last year made a profit.”
His goal for his accounts (as he represents many well-known insurance companies): “We see what looks best for each situation.”
Nick, for several years the Pearl RC’s treasurer, joined the club in February 2019. You can hear more about his work with an email:
