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Being captive is good until you learn the ropes and get the training. Once you go independent, you'll never look back
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Being captive is good until you learn the ropes and get the training. Once you go independent, you'll never look back
I am currently captive and have too large of an agency to walk away from. I am looking to form a corporation and get appointed as the corporation with an aggreate so i can have an IA. My captive allows us to maintain a "passive interest" in another agency, so long as I personally dont actively work it (bind, solicit, service for another carrier)
If my wife is the producer for my corporation....that works.
My question is HAS ANYBODY DONE THIS? because obviously im giong to refer out the biz i can't write w/ my captive to her.
How "gray" is that line?
I am currently captive and have too large of an agency to walk away from.
Why can't you sell your captive book and then go IA? Seems like a win-win in that scenario.
As u might know its hard to sell captive books these days. I have mind on the market since 6/2011.