Plymouth Rock Assurance under the Reign of James Stone

The issue of how to sell car insurances is a contradictory issue particularly regarding the use of internet and agents. Plymouth Rock Assurance is working round the clock to create a balance. The firm has created a tool called Prime, which enables Massachusetts clients to purchase and control their car insurance, both online and through agents.
According to a publication on the Boston Globe, Plymouth admits that the market is changing and they would like to change with it. There are about 1600 independent insurance agencies within Massachusetts and a huge number sell their car insurance to local residents. The agents cover up to two thirds of the market share, a share that is quickly diminishing owing to the closure of about 200 agencies.
The shift in market share has enabled online insurance companies such as Progressive Corp and Geico insurance to penetrate the market. This shift has pushed companies like Liberty Mutual Insurance to sell insurance both online and via the phone. The increased competition has made independent agents eager to try out Plymouth Rock’s online device.
Plymouth Rock has dealt with direct sale of insurance to clients for three years. When a consumer purchases online through the Prime platform, Plymouth delivers the policy and information of the buyer to an independent agent who reviews the policy and gives wise suggestion.
Plymouth Rock Assurance is the brainchild of executive James Stone. Stone is a former Economics lecturer of the prestigious Harvard University. He is the founder, CEO and chief executive of the parent company, Plymouth Rock Group of Companies. Stone, who was born in New York in November 12th 1947, is the son of Babette Rosmond, an author and fiction editor of the seventeen magazines. Before joining Harvard University, where he did his PHD, he had studied in the public schools of Pelham. James graduated with first class honors in Economics, which marked his successful journey as a successful economist.
Stone lives in Boston with his wife Cathleen Douglas and their two children. When he is not working, he sits in the board of directors of Cold Spring Harbor Laboratory. James serves as the chairman of the School on the Move prize panel.