Do Any Captives Use Noodle

[vtinsurguy]

Do any captives use Insurance Noodle to write policies that they can't write with their captive company? I am looking for a way to keep customers and income without my captive company knowing. thanks

 

[VaDwayne]

Do any captives use Insurance Noodle to write policies that they can't write with their captive company? I am looking for a way to keep customers and income without my captive company knowing. thanks

IMPOSSIBLE to keep it a secret... They may never look, but if they do your appointments will be on the DOI's website for all to see.

 

[CaptiveGuy]

I don't think Insurance Noodle or Superior Access show up as official appointments. I asked when I signed up and they said State Farm and Nationwide agents use them.

I wish I would have known that when I was captive I would have already had a book to jump to as an independent!

 

[djs]

Many captives have wives that are appointed with various carriers. Not sure why....

Some captives (a dying breed, I think) are captive only through first right of refusal. They are free to put the business elsewhere if the captive company doesn't want it.

Dan

 

[vtinsurguy]

Captive Guy, Do you use Insurance noodle or Superior Access? Also, if you do, what has your experience been? thanks

 

[CaptiveGuy]

Captive Guy, Do you use Insurance noodle or Superior Access? Also, if you do, what has your experience been? thanks

I started with Superior Access in February they are decent but it takes 24 hours to bind as you do not have binding authority or access to carrier quoting sites. I signed up because starting out I have one main preferred carrier and 3 substandad carriers.

Superior makes up for the gaps and if I ever want a direct Safeco or Travelers appointment I can roll the business. I would try to get one main preferred carrier then use Superior or Noodle for a year or so until you can add the other carriers directly.

 

[redsquash]

Have they gotten "that" fast ? It used to take them over a week (sometimes couple of weeks) in the past (not that long ago)

..........but it takes 24 hours to bind -------------.

 

[CaptiveGuy]

Have they gotten "that" fast ? It used to take them over a week (sometimes couple of weeks) in the past (not that long ago)

It sometimes feels like an eternity but yeah when I submit for a firm quote I get the application back the next business day for peronal lines. All of the carriers have an advanced quote discount so the effective date is normally 8+ days from the quote date which gives me plenty of time for Superior to get back to me.

They are my back up plan really I'm getting an appointment with a preferred carrier but I like having options.