Please use paragraphs if you want people to read what you post.. A post this long with no line breaks is hard to read..To be completely honest I have not read this whole thread because I am genuinely appalled by the way that professionals would speak to one another. However after reading a few comments I would like to point out the fact that I have been with a captive organization which as mentioned above you do not need a release because you are with a captive organization. That alone should make sense to anybody in the industry meaning you work with one carrier and maybe 3 to 5 products there is no need for release. However, if you want to take your agents with you I can promise that is not an easy thing to do as I was legitimately threatened when I left my initial organization. Most captive organizations start you at about a 40% contract level if you are lucky and typically don’t move much higher than 57.5%. Moving on from there I went to another IMO that was mentioned above, yes there was a contract and yes I did sign it. However upon my departure I was told they would not release my contracts and had to wait 6+ months to write most carriers aside from Aig as we all know you can have multiple writing numbers with Aig which was also mentioned above. After leaving this IMO, (having a team of 30+ people) I was ultimately told if I spoke to any of them I would be sued, my people were also told they were not able to reach out to me or they would lose their position and my name was dragged through the mud to say the least. Slander and defamation of character are just the way to be when you leave and IMO that you are signing a contract with. This is a solid “tactic” to make sure your people do not reach out to you, after your upline has had individual conversation with all of them of course. Moving on from there after doing more than enough research I started with FFL. There is not a contract and anybody on here that is saying they are completely independent I am really happy for you but I am also really confused as to why you were even on this forum, as none of this pertains to you, if you do not feel like you want to be a part of an organization and you want to be “independent” and not have any form of up line or system to plug into yes be independent and make your 50% compensation level with each carrier. However, that does not mean you should drag others names through the mud without having factual statements to go off of. Also mentioned above a release form, these are signed and sent off. As I’m sure we all know the insurance carrier needs the release for debt purposes so I am sure we could all start uploading files if that’s the way we really wanted to be. In terms of leads if you are in the insurance industry and you feel like you can’t find leads than that as a you problem. I also do not see why anybody would be bragging that their organization is not big enough to the point that they have to sell to other agents in different IMOs, why would that be a good thing? As I’m sure we have all heard a lead is a lead is a lead. To me it came down to one main thing which was what company is going to pay me the highest compensation level, not lock me into a contract, and treat me like a human being and treat all the other people around me like human beings as well? That’s why I’m here, there is absolutely no reason that this should even be argumentative. This is simply preference and to me no contract, up to 140% + bonus’ and a culture of strong independent individuals that all treat each other like family. You choose what’s best for YOU, be mindful that most people want to know what you can do for THEM verse what they can do for YOU. I wish everyone succes!!
