Open Brokerage Markets

bdrign01

New Member
1
I am a producer for a Kentucky based agency. I am looking into starting my own agency focusing on P+C. I am tired of 40% new and 30% renewal. Since most markets require a volume commitment I need to find some open-brokerage markets. My question is:

What "A" rated (AM BEST) carriers write insurance on an open brokerage basis in Kentucky? I am not so much worried about Work Comp markets. I am looking for markets that offer BOP, COMMERCIAL PACKAGE, COMMERCIAL AUTO, UMBRELLA products. Please, no wholesale brokers.

Any replies would be greatly appreciated. Thank you all for your time.
 
I am not exactly certain but I would have to ask what type of products do you currently sell? If you are talking about 40% new and 30% renewal then from a P&C standpoint that is extraordinary. Most carriers only offer 15 to 20% on new and 10 to 15% on renewal. Are you referring to a commission split with an MGA at the 40 and 30% level?
 

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