- 9,744
Most of these yahoos don't realize that this is a dark comedy. They think it's a training video.
"We've got to have the GOOD leads..."
Closers versus Insurance Salespersons ???
- Thread starter myinsurebiz
- Start date
Most of these yahoos don't realize that this is a dark comedy. They think it's a training video.
"We've got to have the GOOD leads..."
- 14,808
Third place is "you're fired."
- 9,744
"See this watch? It costs more than the car you drive."
- Thread starter
- #14
- 6,007
" As a seventeen year veteran of this business who has been blessed enough to evolve into a successful independent practice of my own, you quite frankly, strike me as a huckster who is better suited to used cars or perhaps as a "tin man", selling window and siding jobs. "
Why? Because I offer a different approach to insurance? It's not like agents aren't in it for the money themselves?
" I've lost count of the number of your ilk I've seen come and go over the years. To be successful for the long-term, this is NOT about "selling & closing" - it's about a longer term perspective called "advising". Your approach may be successful for some short term profits - but it'll never last. I've seen it time and time again... "
My "ilk"? I'm just a simple salesman that stumbled into the insurance business and have come to realize that I can create millions by utilizing the efforts of others instead of going it alone. Long term is still there with us getting the majority of the commission.
" First of all, it's illegal (at least in the State of Florida).In order to advise folks on this level you're suggesting, you (and your "team") must be LICENSED. Not just the person who "signs off on it". The first time I found this arrangement that you suggest, I would have a letter fired off to the Florida Department of Insurance, the Insurance Commissioner, and an investigation started before the business day was over. "
Do you even read what people post? All of our closers will be licensed insurance agents or at the minimum - licensed sub agents.
" Is it really that you don't want to get licensed and appointed, or you CAN'T get licensed and appointed? "
I am already licensed. The point is - why have everyone appointed by the same carriers - when we can just get those that are already appointed to assist in the sale and care of the client?
" I personally love to see people like you come into the business with your manipulative "selling & closing" model. It makes it much easier for me when I come in behind with my "client-building" model. "
If you can take the client from us - then we didn't do a good enough job of closing the sale and selling ourselves. In addition to the insurance - our clients will have available to them many "value added" services / products. So - if we take care of the client and give them the best deal they can find in their market - good luck with that . . .
" Chasing money may work in the short term - but only doing the best thing for the client - without regard for your financial reward - gets you the most money in the LONG-TERM. "
Nobody ever said we weren't "doing the best thing" for the client. Actually - this is the reason for utilizing a variety of appointed agents so that we CAN give the client the best deal.
Now - if we weren't licensed agents - I would agree with you.
Tom
Why? Because I offer a different approach to insurance? It's not like agents aren't in it for the money themselves?
" I've lost count of the number of your ilk I've seen come and go over the years. To be successful for the long-term, this is NOT about "selling & closing" - it's about a longer term perspective called "advising". Your approach may be successful for some short term profits - but it'll never last. I've seen it time and time again... "
My "ilk"? I'm just a simple salesman that stumbled into the insurance business and have come to realize that I can create millions by utilizing the efforts of others instead of going it alone. Long term is still there with us getting the majority of the commission.
" First of all, it's illegal (at least in the State of Florida).In order to advise folks on this level you're suggesting, you (and your "team") must be LICENSED. Not just the person who "signs off on it". The first time I found this arrangement that you suggest, I would have a letter fired off to the Florida Department of Insurance, the Insurance Commissioner, and an investigation started before the business day was over. "
Do you even read what people post? All of our closers will be licensed insurance agents or at the minimum - licensed sub agents.
" Is it really that you don't want to get licensed and appointed, or you CAN'T get licensed and appointed? "
I am already licensed. The point is - why have everyone appointed by the same carriers - when we can just get those that are already appointed to assist in the sale and care of the client?
" I personally love to see people like you come into the business with your manipulative "selling & closing" model. It makes it much easier for me when I come in behind with my "client-building" model. "
If you can take the client from us - then we didn't do a good enough job of closing the sale and selling ourselves. In addition to the insurance - our clients will have available to them many "value added" services / products. So - if we take care of the client and give them the best deal they can find in their market - good luck with that . . .
" Chasing money may work in the short term - but only doing the best thing for the client - without regard for your financial reward - gets you the most money in the LONG-TERM. "
Nobody ever said we weren't "doing the best thing" for the client. Actually - this is the reason for utilizing a variety of appointed agents so that we CAN give the client the best deal.
Now - if we weren't licensed agents - I would agree with you.
Tom
- Thread starter
- #15
- 6,007
" This is an E&O claim waiting to happen. "
Why?
The writing agent still has to review the deal, call the client and go over the deal and submit the paperwork.
How is this any different than an agency? A person creates the lead, explains the various plans, gets a purchase commitment and turns it over to the writing agent. Where are the errors and where are the omissions?
Just curious. Good stuff guys - keep it coming.
Tom
Why?
The writing agent still has to review the deal, call the client and go over the deal and submit the paperwork.
How is this any different than an agency? A person creates the lead, explains the various plans, gets a purchase commitment and turns it over to the writing agent. Where are the errors and where are the omissions?
Just curious. Good stuff guys - keep it coming.
Tom
emg35
Expert
I can't imagine this being legal in any state. I know it's not legal in California.
- 301
Sounds like a NASE mentality to me. Not to mention that "sending one of the boys by to say hello," sounds a bit like the mafia to me. Maybe some of his boys will do a "Boondock Saints" on YOUR boys.
- Thread starter
- #18
- 6,007
" I can't imagine this being legal in any state. I know it's not legal in California. "
Please show me the statues that prevents one licensed agent sharing their commissions with another licensed agent.
If it is - then so be it - but, I can't seem to find any legalese that pertains to this matter.
Tom
Please show me the statues that prevents one licensed agent sharing their commissions with another licensed agent.
If it is - then so be it - but, I can't seem to find any legalese that pertains to this matter.
Tom
I am with you, not only not legal, but who's E&O is going to pick up the mistakes made by the guy who can sell anything? I can't imagine the E&O policies in force at any ageny covering this. Not to mention who is going to pay for the CSR and the E&O coverage and all the other costs for 25% of the com.?
- 14,808
Why not just do it all - customer service is minimal and renewals rock.
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