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[Baseball7]

 

[rousemark]

Does this mean they terminated their relationship with FEXcontracting?

 

[Baseball7]

Yes

 

[rmhaire]

Yes

So what gives? Are they pulling out, pulling back or what?

 

[jdeasy]

So what gives? Are they pulling out, pulling back or what?

Their plan is to sell DTC.

 

[DonP]

Say it can’t be Jd !!! What will you do ? Did the aggressive underwriting with a mis priced premium hit them hard ? I admit I was early calling there demise but I’m rarely wrong . Hand writing was on the wall .

 

[DonP]

Several fex agents scrambling calling my friend for contracts as he’s not with fex. There not contracting anyone right now . I just pray they don’t invoke the reduced benefit in the fraternal contract at some pt Rouse has discussed for many yrs . In this business trust no one

 

[rousemark]

Several fex agents scrambling calling my friend for contracts as he’s not with fex. There not contracting anyone right now . I just pray they don’t invoke the reduced benefit in the fraternal contract at some pt Rouse has discussed for many yrs . In this business trust no one

So KSKJ is not terminating everyone? Just FEX?

 

[Baseball7]

Their plan is to sell DTC.

I haven’t seen evidence of that and that couldn’t be a worse way to get persistent business

 

[NAF1138]

I haven’t seen evidence of that and that couldn’t be a worse way to get persistent business

The essentially said as much off the record. They want to move away from agents who use leads to sell and only work with agents who sell based off relationships. They also plan to open a DTC distribution chain starting with their fraternal lodges and probably Facebook ads. This is what they have said verbally.