A question for Experienced agents

Jul 30, 2008

  1. Paradigm
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    Paradigm Guru

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    I am trying to find out the answer to a question.

    I am an experienced financial planner who wants to add P&C specifically specialty insurance to his product line for a future business to insure antiquities, art, and autos from point of origin to destination.

    I would like to find out how I would go about finding a sponsoring company for the license and what carriers would do the type of insurance I would need.

    I would also like to find carriers that do workman's comp, bus, liability and umbrella insurance.

    Thanks
     
    Paradigm, Jul 30, 2008
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  2. saieddie
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    saieddie Guru

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    I'd go interview some local independent agents and work with them.

    I'd no more want my lawyer doing my taxes than I would my CPA writing my will.
     
    saieddie, Jul 31, 2008
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  3. Paradigm
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    Interesting notion, but im not interested in farming out the business. I want to do it myself as a sideline witha friend who can arrange the international shipping.
     
    Paradigm, Jul 31, 2008
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  4. Paradigm
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    What im trying to find out is how to demystify this P&C business. I have the market I simply need the tool.
     
    Paradigm, Jul 31, 2008
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  5. saieddie
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    saieddie Guru

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    Theres no mystery. Take the licensing class. Take the test. Get some E&O, then google "antiques insurance" and see if they do business in your state. If so, send them an email asking how to get appointed.

    Its so easy a CFP could do it.
     
    saieddie, Jul 31, 2008
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  6. tentel
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    tentel Expert

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    there's no reason why you can't be a licensed P&C agent as well. just take the test, get licensed, and learn your product. i think it's a great idea. you'll already have your own leads.
     
    tentel, Jul 31, 2008
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  7. Paradigm
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    when i called the DOI in atlanta they told me even though I have licenses I would need a sponsoring company to apply for a license. Is that true and how do I find one?
     
    Paradigm, Jul 31, 2008
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  8. Paradigm
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    CFP and CFA thank you LOL
     
    Paradigm, Jul 31, 2008
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  9. 1manshow
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    Maybe a national broker ? We use Burns and Wilcox and they offer us all the specialty products you mentioned.
    Just a thought.......
     
  10. Paradigm
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    Thanks....
     
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