Made the Leap From Captive to Independent

[Aram Fingal]

Well, it's official. Today was my last day with captive company (P&C). This was a very difficult decision that I thought about for a very long time. I enjoyed my time with the company and had one of the best managers a person could ask for. It's kind of a sad moment, but it's also exciting and a little bit scary as I once again move in to the realm of working entirely for myself.

 

[goillini52]

Re: Made the Leap From Captive to Indipendent

Well, it's official. Today was my last day with captive company (P&C). This was a very difficult decision that I thought about for a very long time. I enjoyed my time with the company and had one of the best managers a person could ask for. It's kind of a sad moment, but it's also exciting and a little bit scary as I once again move in to the realm of working entirely for myself.

If you're going to be independent, you better learn to spell it.
Congrats on the move!

 

[Aram Fingal]

Re: Made the Leap From Captive to Indipendent

If you're going to be independent, you better learn to spell it.
Congrats on the move!

LOL, whoops. I was going to say "Indie" and decided to go with "Independent" after I had already started typing. Thus my attempt to sound more sophisticated backfired.

 

[goillini52]

Re: Made the Leap From Captive to Indipendent

LOL, whoops. I was going to say "Indie" and decided to go with "Independent" after I had already started typing. Thus my attempt to sound more sophisticated backfired.

It'll take a little getting used to spelling independent, because you're used to spelling captive.

Best of luck to you.

 

[AZDave]

Re: Made the Leap From Captive to Indipendent

Well, it's official. Today was my last day with captive company (P&C). This was a very difficult decision that I thought about for a very long time. I enjoyed my time with the company and had one of the best managers a person could ask for. It's kind of a sad moment, but it's also exciting and a little bit scary as I once again move in to the realm of working entirely for myself.

Congratulations! What a New Years resolution! I was a captive for 22 years and resigned 6 years ago. It was the riskiest and most difficult decision for me too. Its sad that the captive world has become so difficult.

My only regret was that I didn't jump ship sooner. It was a struggle at times, and 2008 was a lousy year for everyone, but all is good now.

Best to you.
Dave

 

[CAtoAZ]

Re: Made the Leap From Captive to Indipendent

Congratulations! Let me know how it goes, I'm still trying to muster up the courage to make the jump to independent myself.

 

[gambrinus]

Re: Made the Leap From Captive to Indipendent

Been there, done that. Was fortunate to have had a couple of OLD timers ( retired agents with over 40yrs each in the biz) pull me aside and go over my captive contract with me... they both told me to RUN. I only had about a year with the captive company, so it wasn't that hard to walk, er I mean RUN away from. 5yrs later and NO regrets.

 

[Do it right or not at all]

Congrats! I did it on Oct 31,2013 after 10 months with a debit company in one of the worst neighborhoods in Chicago. Signed with a broker in the business for over 40 yrs, he helped me understand my previous captive contract and explained what I should be getting on my commissions. Last few months have been a little rough, especially since I couldn't take any of my clients with me. But I have learned SOOOOO much more about the insurance business. Good Luck

 

[nyc2phi]

Same, did it Oct 2013 and couldn't be happier. Reach out if you need any advice. Sure you'll do fine.

 

[WCMason]

Good luck. I was first licensed 6/2009, went indie 6/2010 not yet knowing what I didn't know after one year, but determined. As a result struggled at first, but so good now. Worth the risk. Just keep pushing through the tough transitional period.