Deal Pipeline Best Practices

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3 min read

Stage your pipeline consistently:

  • Lead: Prospect identified, initial conversation not yet had
  • Gap Analyzed: ParaSure analysis complete, exposure identified
  • Quoted: Premium indication received from carrier
  • Proposal Sent: Formal proposal delivered to client
  • Bound: Policy issued, commission earned
  • Lost: Declination or no decision
  • Moving deals forward faster:

    1. Run a Gap Analysis as early as possible — it gives you a data-backed conversation starter instead of a generic product pitch.

    2. Use the Pitch Builder immediately after Gap Analysis to generate a client-ready email. Send it the same day while the conversation is warm.

    3. Set a next-action date for every deal. Parametric is a new concept — most clients need 2-3 touchpoints before they're ready to bind.

    When to mark "Lost":

    Don't let dead deals clutter your pipeline. If a client hasn't responded in 30 days after two follow-ups, mark it Lost and move on. You can always reopen it later.

    Tracking bound revenue:

    Use the estimated premium field to track your pipeline value. A healthy parametric book of business has a 60%+ renewal rate — factor that into your revenue projections.


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