I am strongly considering the opportunity of being an Independent selling COMMERCIAL insurance.
The only way I can get appointed with carriers are either get appointed directly, work with a broker on a 70/30 split on advanced commission and 30/70 on renewals or go through a wholesaler.
Due to my lack of experience and book of business size I will not qualify directly. Working with a broker is not an option because the split on the renewal is unacceptable considering I am bearing all the costs working from my home.
Thus, that leaves me with getting appointed directly through a wholesaler. My question is this, based on the experience and know how of all the great people on this forum, what would you do? Is the commercial segment worth pursuing?
The only way I can get appointed with carriers are either get appointed directly, work with a broker on a 70/30 split on advanced commission and 30/70 on renewals or go through a wholesaler.
Due to my lack of experience and book of business size I will not qualify directly. Working with a broker is not an option because the split on the renewal is unacceptable considering I am bearing all the costs working from my home.
Thus, that leaves me with getting appointed directly through a wholesaler. My question is this, based on the experience and know how of all the great people on this forum, what would you do? Is the commercial segment worth pursuing?
