Public Distrust in the Media is Expanding, But So Are Avenues for Good PR

An integrated approach has long been key to successful public relations campaigns, but as public trust in the media continues to wane, a multi-pronged approach is increasingly important.

An October 2024 survey from Gallup found Americans continue to have record-low trust in the media. According to their findings, just 31% of those surveyed reported “a great deal” or “fair amount” of confidence in the media to report the news “fully and accurately,” compared to 32% last year. Another 36% responded they have no trust in the media. Not surprisingly, these numbers are down dramatically since Gallup began the survey in 1972, when trust in the media hovered around 70%. Since 2018, the percentage of individuals who reported a great deal of confidence in the media has fallen continuously from 45% to 31%.

In this environment, it has become critical to consider PR tools and resources beyond just the media interview. A strategic, multi-faceted approach can be tremendously impactful when it comes to raising awareness for your brand. Introducing additional channels allows you to control your message more than a traditional news story alone.

Thought Leadership

Thought leadership features insights and expertise by industry leaders designed to educate the reader around trends and challenges. This content is not meant to promote or sell.  Thought leadership helps build credibility for organizations and/or the c-suite. Unlike a news article written by a reporter, thought leadership is penned by the executive, or ghost written on their behalf based on the thought leaders thorough interviews with a communications team or PR agency (preferably one staffed by former journalists). This helps ensure the company retains control of the messaging and narrative. Articles are then published by third-parties – typically trade media – or on the owned channels of the organization. Thought leadership is not only attractive to companies looking to build their media profiles, but for editors seeking to fill “pages” as newsrooms continue to shrink.

This education or insight-based content approach is proven to raise awareness. In fact, seven in 10 decisionmakers surveyed by Edelman and LinkedIn for a 2024 report said they are “very likely to think positively” about companies that produce consistent and smart thought leadership. And 67% of decisionmakers and c-suite leaders said thought leadership has led them to “research a product or service they were not previously considering.”

Social Media

Of course, with shrinking newsrooms, have come growing voices on social media. While most companies now have some type of presence on social media, they may not leverage these channels to their full advantage. As distrust in mass media grows, people are turning to social media channels like LinkedIn, X, Facebook, YouTube, TikTok or Instagram.

In its newsletter feature, LinkedIn provides a built-in publishing platform for company leaders – or anyone – to share content that lands faithfully in the inboxes and newsfeeds of their followers and newsletter subscribers each time an article is published. We see increasing value and reach in this particular communications tactic. Again, comms teams must be careful to limit or avoid promotion in this content as readers will likely reject promotional content. However this provides another platform to weigh in on industry trends and consumer issues, as well as educate, while reaching a wide and growing audience.

Social media also allows companies to amplify any published thought leadership on their own social media channels to enhance visibility and further the article’s reach. The publications will often do the same with quality thought leadership published on their platforms.

Owned Media

Finally, other owned media, like blogs continue to be a compelling tool to raise brand awareness and demonstrate expertise as trust in the media declines. A blog, hosted on a company website, that is frequently updated with original content demonstrating your company’s expertise, can also help to raise your profile. White papers, short videos on company-branded YouTube or Vimeo and more can do the same. Again, this content can be circulated across social media to stretch its reach.

Connecting with Today’s News Consumer

While legendary newsman Walter Cronkite may have been known as the “most trusted man in America,” for many American households, today’s news anchors, reporters and editors are not as warmly perceived. Fortunately, as we head into 2025, more options exist for us to see and/or hear the news. People can choose where and how they want to consume their news, and companies will need to continually find new ways to meet them where they want to be met.

A good public relations agency can recommend the best strategies and tactics for your company and that should include a multilayered approach that considers more than media relations.

2025: Do You Have a Communication Strategy? You Should

As many businesses and non-profits begin to turn their attention to 2025 planning, one component that should not be overlooked as part of a success strategy for the new year is communication or comms planning. An effective public relations campaign can prove to be both an affordable investment in growing your organization as well as in deepening important reputational relationships that can help sustain for- and non-profit organizations in troubled times.

Here are five critical tactics for B2B organizations to consider when developing 2025 comms strategies.

  1. Highlight Industry Expertise. In the world of B2B marketing and communications, clients and partners look for actionable, tested expertise. By positioning your subject matter experts as thought leaders through authoritative content, you position your brand as a potential resource for your target audiences while demonstrating your deep understanding of, and vision for, the industry you’re in. That content can include contributed articles to respected trade outlets, white papers, industry reports, owned video content and feature-length broadcast interviews on hot topics or industry trends.
  2. Develop Authentic Messaging. Whether your audience is business or consumer, the public at large is tired of being sold to or fed boilerplate marketing messaging. Don’t sell. Instead, tell stories to highlight the purpose and values of your brand that address the concerns of your audience. No one looks for a sales pitch; they look for anecdotes, reviews and stories in which they recognize themselves or their priorities. Your audiences are more likely to turn to the sources of those stories or analogies when seeking solutions and opportunities.
  3. Focus on Data-driven Solutions. B2B audiences look for track records of success supported by hard data. Highlighting successful partnerships or projects supported by numbers and real-world outcomes creates a point of distinction and gives trade journalists something to work with when telling stories that can shine a light on your brand. This can also include information on lessons-learned and client testimonials.
  4. Be Prepared for Crisis Scenarios. From online review sites to social media platforms, the public-at-large can rapidly shape public perception of your brand in minutes or hours. By preparing for likely crisis scenarios and developing actionable protocols to deploy your response messaging, your organization stands a better chance in weathering whatever storms may come. Paramount to protecting your brand in a crisis scenario is developing messaging that is honest, authentic, empathetic and deployed with thoughtful speed.
  5. Pursue a Broadening Media Landscape. While rumors regarding the demise of journalism have been abundant in the past decade or more, the reality is the media landscape has broadened considerably. Where there once existed only print, broadcast and online, there are now podcasts, streaming platforms, vlogs, subscription-based email newsletters, audio-based social channels and even industry-specific Slack communities. The options are seemingly endless. Start by understanding the audiences you hope to reach and how they consume media. Then, plan accordingly.

If your 2025 marketing or business development plan lacks a clearly defined comms strategy, you are missing countless opportunities to convert the work you’re already doing into compelling storytelling that can move the needle for your brand. What’s worse, you may also be completely unprepared to defend your reputation if you find yourself facing a communications crisis. Make sure you have a 2025 comms strategy ready to go before January 1, 2025. And if you need help, Kimball Hughes Public Relations has nearly 30 years of expertise to help you make the most of the year ahead.

Navigating Conference Season: Take-aways from a Philly Cyber Risk Summit

It’s conference season and this week I was fortunate to attend an industry event with a global draw – without hopping on a plane or train – in my hometown of Philadelphia. Insurance carriers, brokers, cyber risk assessment, breach recovery experts, legal, security, privacy professionals and more traveled to the City of Brotherly Love for three days of discussions on cyber risk hosted by NetDiligence®. For me, the event provided a valuable opportunity to learn about trends and challenges in the ever-evolving cyber space, to connect with clients, make new connections and of course check in with and coordinate meetings with trade reporters and editors on site.

As a public relations professional who has spent years working closely with the insurance industry, I know enough about cyber risk and cyber insurance to be dangerous. However, the speakers at the conference offered eye-opening insights on challenges in the cyber risk space, emerging risks including artificial intelligence, new technology and best practices for risk mitigation. Now, I know enough to keep me up at night.

For example, top cyber scams noted by Experian Head of Global Data Breach Resolution Michael Bruemmer included those related to fake news (particularly bad during election season), natural disasters, charities, sextortion (which can even include a photo of the recipient or their house) and QR codes. What I learned about QR codes maybe should have been obvious – it’s nearly impossible to tell the difference between a legitimate and illegitimate QR code with the naked eye.

For businesses, the top risk, according to NetDiligence, remains business email compromise. As to why the risk remains so high despite corporate teams working diligently to implement safety measures and train teams to spot these emails, Bruemmer said it’s the smart pitches from the criminals that appeal to human weakness. They just keep getting more creative.

Outside the sessions, I spent time roaming the exhibit hall and making new connections. Representatives were on site to talk about their cyber risk technology, mitigation services, cyber data mining services, e-discovery and more. While the usual water bottles, pens, mints and cozies adorned the tables, a robot, like a modern version of Rosey from the old Jetsons’ cartoon, roamed the floor proffering champagne from exhibitor KYND for attendees.

Additionally, I had the opportunity to connect a few clients with attending media for background conversations. At Kimball Hughes PR, we encourage our clients to leverage their attendance at conferences like this for potential media introductions or onsite interviews. Not only can conferences bring value in terms of continuing education credit, new business meetings and client relationship building, meeting with media members, who are often on-site at these events, can pay dividends in establishing you as a trusted source for future articles or even in a conference wrap-up piece.

We often suggest our clients bring us along to conferences where media is attending for boots-on-the-ground support. This way, we can coordinate additional on-site meetings, assist in fielding questions, assist in bringing trending conference topics to the conversation and seek out opportunities to comment on articles currently in the works.

While I’ll be happy to trade my dress shoes for sneakers in the days ahead, this industry conference, like so many others, was a fantastic opportunity to learn, further relationships and build new connections.

Stay tuned for more conference round-ups as members of the Kimball Hughes PR team continue to round the conference circuit throughout the month.

Share of Voice: Why it Matters and How Your Business Can Stand Out

As we continue to navigate a fluid economic reality, many business leaders are on an ongoing mission to cut costs and justify spending. Endeavors that are immeasurable are frequently the first to go.

Public relations can easily fall into this category. Marketing can too, but the reality is there is no direct, measurable, line from PR to sales. But before company leaders label PR efforts as unquantifiable, they should look to the following data point, which can confirm their message is getting in front of the right audience thanks to their PR and marketing efforts: Share of Voice (SOV).

SOV allows companies to measure their brand awareness, health and visibility against industry competitors. It can be viewed as a measure of potential awareness by your target audience of your business and its branding. SOV is a trackable metric that demonstrates where your business stands among competitors in a given period of time. It can also demonstrate the PR and marketing tactics or messages that were most successful in raising awareness for your brand.  

At the same time, SOV can also provide insight into the most successful PR and marketing tactics of your competitors, giving you an even better idea of what might work for your audience. Further, SOV can point out any potential disconnect between what competitors are talking about and where your business chooses to focus its messaging.

Getting to Know Your Numbers

Calculating the metric is not rocket science. It requires aggregating your company’s media mentions and gathering data on industry competitors and their media mentions from the same points in time. Ideally, you’ll want to measure your SOV and that of your key competitors to get a benchmark before launching a PR campaign. Then, measure again during and after the campaign, to see how your company’s SOV has fared against your competitors.

The results can be eye-opening. We have found our clients see tremendous value in the metric – value they can bring before their board, investors and leadership team to pair with the organization’s overall efforts to achieve critical goals.

For example, at the end of 2022, a global insurtech company reached out to our agency looking to build SOV in the American insurance media market. At the time, they only had a 9.1% SOV and were struggling to breakthrough. Our team studied the approach of their competitors and developed a new, non-promotional PR approach focused on the dynamic personalities and interests of the co-founders and the state of the insurtech and insurance industries more broadly. This approach had a knock-on effect of demonstrating the company had its finger on the pulse of its core audience and their needs.

By avoiding outdated industry topics and blatant self-promotion, focusing on current trends and educating insurtech customers, we were able to secure dozens of media interviews and contributed articles for the company. By the third quarter of 2023 – just 9 months into our engagement – the company had established itself as the dominant voice among its competitors in the insurance media, with an SOV of 77.8%. This growth has corresponded with increased sales numbers and inbound product inquiries.

SOV is a powerful metric.  It can demonstrate the value of a strong, consistent and coordinated public relations campaign in partnership with good marketing. While there still is no direct line from PR to sales, a considerable uptick in SOV demonstrates your message is being broadcast, and if done correctly, it is broadcast to the audience most in need of receiving that message. As year-end planning begins, consider incorporating this metric into your 2025 planning to help make your company the top voice among your competitors.

What’s in an Address? Good PR Doesn’t Always Mean Big City Agencies, Hefty Price Tags

There was a time when American businesses leaders could do no wrong if the consultants or vendors they hired were marquee names with storied addresses on K-Street in Washington, D.C., Madison Avenue in New York or were located among the scenic vistas of Silicon Valley. That time is over. Management has tired of paying for the geographic mark-up of posh addresses. New York City and Silicon Valley may have been known as go-to hot beds for finance and tech expertise, but cities in Texas, less recognized for offering that same level of expertise without the swanky digs, are quickly transforming the Lone Star State into a tech and financial hub.

Goldman Sachs, Wells Fargo, Charles Schwab and Deloitte are expanding their presence in Dallas, lightly dubbed Y’all Street, according to The Wall Street Journal. At the same time, tech companies like Hewlett Packard Enterprise, Oracle and Tesla have moved sizeable operations to Texas as well, noting a friendlier regulatory and tax environment and robust talent pool.

These companies do not want to spend Silicon Valley or New York City dollars to get the same-or-better quality and service they can get elsewhere. This thinking has long been a too well-kept secret in public relations. While business leaders may have previously assumed a large New York City PR firm was the only means of garnering impressive results, current trends are pointing to star PR talent in Texas, and elsewhere outside the high-rent districts of Manhattan.

Good PR does not have to cost $30k, $20k or even $10k a month. While some of the country’s most well-known global PR firms may have former presidential candidates to tout on their rosters, many boutique agencies have tenured professionals who not only know PR, but know your industry… and best of all, who will take the time to listen and get to know you because they value – and need – your business.

In fact, we often hear from clients who have come to us from large, global agencies. They tell us they were shocked by the both the price of admission to these goliath agencies, as well as the lack of access to senior talent at those agencies. Too often with larger firms, clients find themselves the victims of bait-and-switch routines with a junior staffer managing their account after an initial meeting with executives where they signed on as new clients. Or they find out that press releases or thought leadership writing are all additional costs outside the retainer agreement. Just as many tech and financial services companies have recognized, good expertise does not always come from the most expensive source.

That said, we are all also too familiar with the phrase “you get what you pay for.” Fantastic PR firms offering services at a fraction of the price of their larger counterparts are out there, but business leaders and their marketing and communications teams seeking support will have to do their homework to find a valued partner they can trust.

Contemplate the following dos and don’ts when considering a PR firm:

  • Don’t be fooled by a name or size. Simply because they have a celebrity on their roster or they are the biggest, does not mean they are the right fit for your company’s needs. Often, business owners can get more bang for their buck when it comes to PR by selecting a smaller agency with specialized expertise to fit their needs.
  • Don’t assume PR is expensive. PR does not have to be expensive. Campaigns can be tailored to fit your budget – within reason. A smaller, targeted campaign by a team who really understands how to reach a specific audience and what they are looking for can produce more results for less compared to an overly broad, national campaign.
  • Don’t let your company be nickeled and dimed. A good PR firm will not busy themselves with counting your hours and billing for every single. They will work with you. They will offer inclusive services, and not bill separately for press releases or writing services. (And on writing, ensure the agency you are considering has proven writers on staff.) Often, the best PR firms employ former journalists, who not only know what reporters are looking for, but know how to write like them to ensure the best possible reception among the journalists most important to you and the audiences you need to reach.
  • Do ask who will be working on your account to ensure the leadership team you spoke with at first doesn’t ghost you for the newest assistant.
  • Do consider a PR agency’s specialties and expertise in your industry.
  • Do look to references. Clients, and particularly former clients, can give you an honest opinion on whether an agency met or exceeded expectations, as well as their experience working with the team.

Most importantly, keep an open mind. Just as good tech solutions no longer come only from Silicon Valley, good PR is not provided exclusively by big city agencies for tens of thousands of dollars a month. Smart, committed and results-driven teams drive PR success and increasingly those folks can be found at boutique PR agencies that offer more manageable retainers.

Back-to-School: Business Edition

It’s back-to-school season and the team at Kimball Hughes Public Relations knows this means changing things up at home for many. For business and non-profit leaders, September ushers in planning season for the year ahead while winding up 2024 priorities. Our team at Kimball Hughes PR is here to help you check off your list of communications initiatives for 2024 and prepare new strategies and initiatives for 2025. We’re just a phone call or email away. Just don’t ask us to pick the kids up from school.

Recent DEI Shifts Draw Attention to the Importance of Creating, Sticking to Company Brand Values

Last month, Tractor Supply Co. announced a plan to retire all diversity, equity and inclusion (DEI) goals and eliminate all DEI roles at the company. The swift turn away from DEI came in response to a public social media campaign organized to boycott Tractor Supply for their DEI and ESG initiatives and goals.

In today’s social climate, we frequently see businesses pivoting quickly to avoid negative reactions and feedback from customers – whether we’re talking about shifting DEI focus, distancing a brand from a “cancelled” athlete or celebrity or something else. While in some cases, it may make sense to rush to adjust your company’s initiatives based on negative comments or a sudden social movement, some abrupt moves can lead to even more backlash and reputational damage.

Thoughtful planning, strategic thinking and consulting with legal and communications experts can assist your leadership in navigating a situation like this. But one of the best places to start, is to examine your brand values.

What are your brand values?

Brand values are the principles and beliefs of a company that leadership want to project upon consumers. Essentially, these are the key beliefs that guide the operation of the company and consumer perception of a brand. For example, if your business does work in the diversity, equity and inclusion space, then your core values may focus on respect, belonging and creating a culture focused on openness, innovation and handing the ladder down to create a more equitable workplace.

Before coming up with any new programs, creating content, running any media outreach, or organizing a strategic pivot, management should have clearly defined brand values that represent both the company’s goals and growth plans. These values should also align with your target audience and their interests and how you want your company to be viewed by them.

Citing another unfortunate incident in the DEI space, consider the recent controversial decision by the Society for Human Resource Management (SHRM) to remove equity from their DEI strategy. On July 10, SHRM announced it would be moving forward with a focus solely on inclusion and diversity, which came as a surprise to many organization members.

SHRM’s decision was immediately met with intense backlash. Many human resource professionals canceled their SHRM memberships, a petition was started to oppose the decision, and many speakers pulled out of their upcoming conference. Generally, HR executives have found the decision to be disconnected from the core concepts of DEI and feel strongly that SHRM needs an equity-based approach to address workplace issues.

This was a misstep that could have been avoided. SHRM’s data had shown that people were not confident in the direction for progressing certain DEI initiatives. As a result, they ended up pulling back the equity portion. In this decision, they failed to recognize that a large portion of SHRM’s audience is very DEI focused and had been supportive as SHRM played a significant role in expanding DEI efforts across the human resources industry. SHRM’s brand values historically had been aligned with promoting DEI. An abrupt decision to seemingly rewrite their brand values and goals around uncertainty in the direction of the broader DEI movement has led to continued frustration.

Keeping Brand Values in Practice

The loudest voice in the room can be distracting, but leaders need to be careful not to let it be the guiding force behind any decision-making. A company’s brand values should be at the center of any decision. The loudest voice is not always representative of your target audience’s key interests and changing direction rashly without careful thought and professional consultation can lead to reputational damage or ruin.

While society continues to be largely divided on a number of issues, we can likely agree that a decision made in haste without considering your core audience or values, is likely not a smart move.

Before reacting, stop, think and consult with communications professionals. Think: What key messages are we relaying with this move and how will our audience respond?

Public opinion will always shift. That doesn’t mean your brand values should.

The Power and Peril of LinkedIn for Professionals

Donald Trump has done more for black people than Abraham Lincoln and Martin Luther King Jr. combined.

Joe Biden finally beat Medicare, so we don’t have to worry about senior citizens anymore.

If grocery stores want me to bring my own bags, they should pay me.

Pat’s is the only place to get a real cheese steak in Philadelphia.

Let’s consider the visceral reactions many would have to the above statements if posted to LinkedIn by their professional connections. The key word here is visceral.

In my view, LinkedIn is not the place for sensitive social commentary. LinkedIn was created to help people present themselves for career opportunities and for professional networking. It has evolved, becoming a venue for creative expression, sharing of expertise and insights, for calling society to action on issues of industry and enterprise, and for holding a mirror up to our workplace lives – all through the lens of the professional. It is not Facebook, where personal perspective, political ideology and countless memes are central. It is not X (formerly Twitter), where reactionaries, visionaries, citizen journalists, political and social elites and the opinionated co-mingle. Nor is it Instagram, where humor and snark co-exist with vacation photos and musical dance routines or humorous pet antics.

LinkedIn, for good or ill, remains a platform for professional discourse with a splash of the personal that should not veer into jarring zealotry. Authenticity is important, but not at the expense of alienating important audiences that might disagree with your personal, beliefs. Courtesy, respect and being a compassionate human must be central to interactions in any professional environment — virtual or in person.

You would not walk into a job interview and begin the conversation with your unsolicited views on abortion. A company-wide Zoom meeting where the boss, or anyone else, shares why her preferred political candidate is the only rational choice could constitute a hostile work environment. No sane person would begin a new business presentation by explaining why their religion is superior to others. And certainly no one enjoys that one uncle who comes to Thanksgiving dinner eager to share his criticisms of your parenting, lifestyle, romantic partner, personal finances or who also publicly shames Aunt Mable’s latest obsession with sequin holiday sweaters.

Many of us were taught that some topics are not appropriate in the workplace or even certain family functions. Most importantly, in professional circles would you want your hard-earned qualifications and accomplishments overshadowed entirely because of the personal beliefs or opinions you share that have little or no bearing on your performance in the workplace?

We counsel clients to always strive for an authentic voice on social media that best reflects the organization or individual’s values and professional strengths. No one should feel the need to contort themselves into something they are not, either in the office or on LinkedIn. However, we live in a polarized world. Adding to the cacophony of militant opinions or strident arguments in a professional setting serves almost no one. This isn’t to say social media can’t be a tool for advocacy; rather, it’s simply that LinkedIn is often not the appropriate platform.

Consider your strongly held views or opinions posted to LinkedIn may negatively impact your employer’s ability to:

  • Recruit talent
  • Retain emerging professionals
  • Win new business
  • Fundraise
  • Attract new vendor partners
  • Hold on to existing customer relationships
  • Maintain the respect and support of the communities and audiences important to them

Moreover, sharing your personal beliefs on sensitive social topics on LinkedIn might also serve to harm your career. What if employers and others believe those views, however well intentioned, might bleed into the workplace and create potential management challenges with you, your direct reports or with clients?

When you reach for that “Start a post” option on LinkedIn, remember to be thoughtful, kind and intentional. What and how you post on LinkedIn is a reflection of your character, comportment and professional judgement. If you assume future employers, employees, customers and others aren’t going to look at LinkedIn — and maybe do a lot more scrolling than you think before entrusting you with their reputation, careers, money or more — you would be mistaken. A LinkedIn post, especially one written in haste, can do considerable harm. Equally so, a thoughtful and professional piece of content shared on LinkedIn can benefit you, and your employer, greatly. Proceed with caution, respect and offer the grace and kindness you would seek for yourself when engaging on this most powerful of professional platforms. And remember, always, that nothing on the internet ever truly goes away.

If you are a business or nonprofit leader, get in touch with Kimball Hughes Public Relations to ensure you have a social media policy and protocols to protect the reputation of your organization and those to whom you entrust. And if you are facing a reputational crisis, prompted by social media or other factors, we also provide Crisis Communications services to help you as well. Contact us at info@kimballpr.com or call (610) 559-7585.

Shouting Your Next Big Media Win from The Rooftops

Imagine: Your company name is in the headline of an article on a reputable, national news outlet’s home page. Your colleagues and industry peers send a few emails in congratulations and maybe you even receive some inbound requests inquiring about your business, but the value seemingly ends there. How can you keep the momentum going?

Company leadership who are not taking full advantage of their media hits, or simply do not know how to amplify them are missing out on the exposure a reputable news outlet could offer.

Can I have your attention?

Whether the result of proactive media relations or an unexpected story, a media placement can help bring your business to the forefront of prospective customers’ and partners’ minds. If managed wisely and consistently over time, business leaders can enjoy a continuous flow of media hits that can lead to new business, help with recruitment and pique the interest of investors or other business partners. Consider the following tips to expand on your company’s next media win:

  • Share the good news internally: Your greatest cheerleaders should be your team members. Leadership should share media placements with team members and suggest convenient ways they can use it if they choose. Your communications team can be a great resource in crafting language to share with employees, including guidance on adding links to their email signatures.
  • Get social: As soon as a media hit goes live, business leaders should have a plan to share it broadly, tagging the outlet and – in some cases – the author as well. At minimum, social media posts should be scheduled for the same day the article is posted and a company’s website news page should be updated to include the article. Priority should be placed on interacting with comments on the posts and employees should be made aware of and encouraged to interact with them, if they are comfortable doing so.
  • Market it: Connect with your marketing team to see where else it may make sense to share the article, including newsletters or external email communications. Keep in mind the content is likely owned by the publication, not your company, so be careful not to cut and paste directly from the article or post without attribution. It could be seen as a violation of copyright laws.
  • Be strategic: As you spread the word through social media and marketing materials, be cautious not to spam your audiences with the same content. Find fresh angles where you can change up references to the articles in posts and marketing materials.
  • Don’t rest on your laurels: While a one-off media hit can lead to a nice boost for business and search engine optimization (SEO), without continued effort, it will likely be just that – a one-time thing. Engage your communications team to build a comprehensive plan for continuous, thoughtful proactive media outreach. Additionally, your communications team should be building and maintaining relationships with reporters who cover your business, leaving opportunities for you to contribute to stories in the future. Consider partnering with a public relations agency for an extra set of hands when it comes to media strategy and outreach.

Whether a feature article or a few quotes in a reputable news outlet, make your media win more than a nice-to-have article to frame on a wall. Media wins give a company credibility and a tangible way to demonstrate your leadership’s expertise. Essentially, unlike advertising, a media placement can offer third-party validation that consumers seek before placing their trust in a company. To make sure your company is more than a one-hit-wonder with the media, consider amplifying your coverage and building a long-term plan for consistent proactive outreach.

InsurTech Insights USA 2024: Lessons Learned, Advice Offered

Last week, two of my colleagues and I attended InsurTech Insights USA in New York to do a little networking. Having attended for the first time in 2023, what I’ve come to appreciate about ITI is the speed networking.

Like two unassembled IKEA furniture pieces, both parties to ITI’s speed networking meet-up have a purpose. But how do you make the meeting feel natural and unforced? This can be tricky without planning. It can feel a bit like trying to assemble said IKEA furniture while following a vague and sometimes interpretive set of directions.

At ITI, you can use the event app to make connections with other attendees and schedule a series of 15-minute speed networking meetings. The app does all the hard work in terms of schedules and logistics. It’s the human element that is both fascinating and frustrating.

Who speaks first? How do you start? Should a slide deck be involved? What about business cards (so many opt not to carry them anymore or lose them along with their checked luggage)? What are the takeaways or next steps? Should there be takeaways or next steps? What if you’re late for the next meet-up that starts the moment your current meet-up ends?

What I’ve Learned

For those who participate in these meetups, and some do not, the intentions of both parties are clear. Someone is selling. Someone might be buying. Sometimes both parties are selling. And, sometimes, someone took the meeting simply to be polite.

The good news is it’s a level playing field for insurtechs, insurers, vendors and others who choose to participate.

What I have found to work best is to keep it simple and be direct: Asking the other party to tell you what they do, who is important to them to grow their business and what problems they are trying to solve or what opportunities they are seeking. Always give the other party, when possible, most of the time. And – importantly – listen to what they say. Don’t simply wait to speak. If what you do, provide or sell matches up with their needs, then connect the dots for them. Otherwise, ask them what they would like to know about your business and allow them to guide the conversation. And leave the PowerPoint at home. When you’ve got about a minute left, ask if it makes sense to keep the conversation going. If agreed, exchange contact information.

The number of people I met in 2023 and again this year who said, “I’m not sure how this meeting is supposed to work” was surprising, but also honest and refreshing. They saw the value of the speed-networking meet-up. They simply didn’t have a plan. Maybe the above approach will help in 2025?

What I Suggest

Frankly, I’d like to see a bit more of this type of speed-networking at other insurance industry conferences. Just maybe not at the same volume or pace as ITI (you really do need comfortable shoes and the occasional bathroom break).

Insurance is a business built on relationships. With daily new entrants to the industry and younger generations working to build and nurture their own networks, maximizing in-person opportunities and building relationships are more important than ever. Additionally, as experienced executives begin to retire, some of their industry relationships run the risk of being retired with them. Insurers simply cannot afford for this to happen.

ITI’s speed-networking format can be adapted to serve nearly any organization. For carriers, re-insurers and others, this would be a potentially great addition to all-company staff meetings. For the industry’s many professional associations, speed networking could be a great icebreaker for new as well as existing members. It could also serve the organization to better understand their members and their needs in a direct way. The same is true for recruitment events, fundraisers and alike.

For insurance to innovate and grow into the future, relationships must be brought along as part of the compact. While ITI certainly did not create the speed-networking concept, its application of the concept – in my view – offers a road map to creating and carrying all-important industry relationships into a bright, energetic and exciting future.