There is no best. they all can pay the same and will based on your production and the product you sell.
I am currently going through an IMO search process to see if I should stay with my current IMO or move. I have been in discussions with all the major IMO's and am with one of them.
They will all match comp. For example if street is 7% and the product has 3% override I get 8.5% however is the override is 2% I get 8% total. Every IMO has agreed to the same thing. Their are some exclusive product exceptions where I only get a .5% override but that is only one company. On top of that I get other benefits like marketing mailings paid for etc.
If you have the production you can negotiate a deal like mine or better. Also once you are given a higher paying contract you get to keep that contract with the insurance company even if you change IMO's.
I am currently going through an IMO search process to see if I should stay with my current IMO or move. I have been in discussions with all the major IMO's and am with one of them.
They will all match comp. For example if street is 7% and the product has 3% override I get 8.5% however is the override is 2% I get 8% total. Every IMO has agreed to the same thing. Their are some exclusive product exceptions where I only get a .5% override but that is only one company. On top of that I get other benefits like marketing mailings paid for etc.
If you have the production you can negotiate a deal like mine or better. Also once you are given a higher paying contract you get to keep that contract with the insurance company even if you change IMO's.
