Insurance Industry
In 2012 on the IBC project, Nicholas was introduced to a gentleman working in the Insurance industry promoting the Infinite Banking Concept, where they would teach people how to essentially turn a specially designed permanent life insurance policy into a bank (pool of money) for use by the policy owner. After the gentleman's presentation, the presenter offered to do an analysis to show a potential client how the concept would work for them personally. Nicholas found out that a series of spreadsheets were used and the process took about 3 to 5 hours minimum to generate the report. Nicholas worked with this gentleman to learn the intricacies of the process and generated the intake forms and algorithms to generate the resulting 8 year analysis and delivered the first online analysis…