pghman what I meant by splitting comms was finding an agency who holds the contracts. Usually it's hard nowadays to get your own p&C appts unless you're already a large agency or you committ to a large volume. In my case I found an agency where I split 70/30. They pay e&O for me and they have profit sharing based on my loss ratio. Also I retain ownership of my book with a buyout option when I'm ready to retire and my comm. split grows as my book grows. Yes they get a piece but again it's nearly impossible to get your own contracts unless you're well established as an agency.
- - - - - - - - - - - - - - - - - -
Also I forgot to mention they provide the quoting software free of charge and the agency management system they use. So if you can find something like that it can make your life easier. They may even co op some of your marketing costs.
Ron Van D PM me about your ANPAC experience. You left after 10 years? I'm having trouble pulling the trigger after 2 years because I hate the idea of leaving them with my book.
- - - - - - - - - - - - - - - - - -
Also I forgot to mention they provide the quoting software free of charge and the agency management system they use. So if you can find something like that it can make your life easier. They may even co op some of your marketing costs.
Ron Van D PM me about your ANPAC experience. You left after 10 years? I'm having trouble pulling the trigger after 2 years because I hate the idea of leaving them with my book.
Last edited: