Season 9 | Ep2 Nick Hoadley on scaling Insurance Search to 7-figures at 50% plus profit

Season 9 | Ep2 Nick Hoadley on scaling Insurance Search to 7-figures at 50% plus profit

1:16:51 Oct 15, 2025
About this episode
This week on The RAG Podcast, I’m joined by Nick Hoadley, founder of Insurance Search, a specialist executive search practice in the global insurance market.Nick quit a successful broking career nine years ago and launched a recruitment business with zero agency experience. Since then, he has shifted from 100% contingent to 100% retained, built a lean team, and maxed out a seven-figure practice while holding 50 to 60% profit margins. He is now expanding in the US with a partner model designed to scale without fixed overheads.We talk about:- How he went from insurance broker to founder with no prior agency experience- The playbook for moving from 100% contingent to 100% retained- Why a podcast and thought leadership now drive executive mandates worldwide- Building a lean delivery engine, research and board search that sustains 50% plus margins- The US partner model that scales without headcount or fixed overhead- What to productise next, from human capital research to peer forums- Practical advice on letting go of delivery to win bigger workIf you are aiming to grow an executive search practice while protecting profit, this is the episode to watch.Chapters00:00:30 Nick Hoadley's Journey00:01:00 From Contingent to Retained00:01:28 Impact of Podcasting00:01:57 Aligning Personal and Professional Goals00:02:27 AI and the Future of Recruitment00:02:57 Building Client Trust00:03:27 Scaling with a Partner Model00:03:59 The US Market Expansion00:04:28 Conclusion and Future Outlook__________________________________________Episode Sponsor: AtlasAdmin is a massive waste of time. That’s why there’s Atlas, the AI-first recruitment platform built for modern agencies.It doesn’t only track CVs and calls. It remembers everything. Every email, every interview, every conversation. Instantly searchable, always available. And now, it’s entering a whole new era.With Atlas 2.0, you can ask anything and it delivers. With Magic Search, you speak and it listens. It finds the right candidates using real conversations, not simply look for keywords.Atlas 2.0 also makes business development easier than ever. With Opportunities, you can track, manage and grow client relationships, powered by generative AI and built right into your workflow.Need insights? Custom dashboards give you total visibility over your pipeline. And that’s not theory. Atlas customers have reported up to 41% EBITDA growth and an 85% increase in monthly billings after adopting the platform.No admin. No silos. No lost info. Nothing but faster shortlists, better hires and more time to focus on what actually drives revenue.Atlas is your personal AI partner for modern recruiting.Don’t miss the future of recruitment. Get started with Atlas today and unlock you
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