Oxford Rate Change

May 7, 2008

  1. Newby
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    Is everybody getting a commission rate decrease with Oxford?

    My IMO just told me they are going down to 90% next month.
     
    Newby, May 7, 2008
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  2. HoosierDaddy
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    Newby,

    Give me a call... This does not sound right... Any commission changes have to be done in writing and at least 30 days in advance of the effective change date...

    This may be something that is being initiated by your FMO, and not Oxford.
     
  3. theinuranceguy
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    Alot of the time an FMO wont put enough business with a life carrier and they will cut back on the FMOs Comp.

    Thats probably what happened.
     
  4. Newby
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    Who has a good IMO for Oxford?

    We are just now signing my wife up. We don't want to do it with a bad contract. My IMO will let me switch mine also if there's a better deal.
     
    Newby, May 9, 2008
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  5. theinuranceguy
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    I also have been looking for a good contract with Oxford, cant find one... Highest Ive seen is 90...

    No Thanks...
     
  6. Newby
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    I did finally get a written notice from Oxford yesterday that commissions have reduced to 90% from %105% through my MGA. They said my MGA did not have enough required production.

    Anybody have a high volume MGA for Oxford that still offers 105% or better?
     
    Newby, Jun 21, 2008
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  7. karenabcde
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    I can give up to 105% on an Oxford contract.
    Email me.
     
  8. Newby
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    Too late.

    Oxford contracts direct at 105% now.
     
    Newby, Aug 24, 2008
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  9. CHUMPS FROM OXFORD
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    I will not comment on this topic for obvious reasons.
     
  10. senior-advisor-indiana
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    Damn Newby,
    If you would have asked me, you could have received a much higher contract probably somewhere around the neighborhood of 105.99%:)
     
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