Chief Financial Officer Pete Hendrick joined Propel in 2004 and was named Corporate Treasurer in 2005. His responsibilities include managing the corporate finances as well as the agency’s technology needs.
Pete believes Propel’s dedication to thinking beyond standard-issue answers sets them apart from other insurance agencies.
WHY ASK ‘WHY’?
“One of our favorite questions is, ‘why?’,” Pete says. “Why do we do it this way? Why aren’t we doing it that way? We’re a curious group... continually looking for new resources, turning over new stones, and working together to come up with new solutions for our clients. Having different perspectives helps an idea that was good to start out with become very good. So it’s not just an accounting idea or a sales idea — it’s the best idea.”
ON THE IDEAL PROPEL CANDIDATE
“We don’t hire people based strictly on their client list,” Pete explains. “We’re looking for people who think differently... professionals who have the energy and empathy to stand in their clients’ shoes and keep going to bat for them. Providing that level of dedication brings us the kind of clients we want to work with.”
ON THE POWER OF INDEPENDENCE
“Coming from a large, public accounting background, I was used to things moving slowly and decisions going through many layers,” says Pete. “When I came to Propel, the power of us being an independent agency struck me immediately. Because we’re independent, we’re able to make things happen more quickly — and that’s a tremendous advantage to clients.”
Pete is a Certified Public Accountant (CPA) in Washington and California, and a member of the American Institute of Certified Public Accountants (AICPA).
NEED A BAND FOR YOUR NEXT PARTY?
Pete may be a numbers guy (his nickname in college was Alex P. Keaton), but there’s another side to him. Years ago he played bass in a band called The Junk Bonds. He also plays a mean electric guitar, as well as acoustic, and can hold his own on the banjo, mandolin, drums and piano.