Hello,
I thought this forum might be better place to post this. I own a small and young P&C agency in Pa. and I'm looking to grow my commercial book of business. My thought is this and I'd like your feedback:
I want to bring a health agent in and license/teach P&C. They would be straight commission earning typical splits on the P&C they create. They can continue to do what they do best (health) and solicit P&C to their existing group health clients. They could solicit health to my current commercial (and personal) book.
My benefit is that it allows me to get more commercial production and not have to supplement a new producer's salary (money I don't have)
His/her benefit is it allows them to add an additional revenue stream
As a health producer/underwriter/agent - Why would you be interested or not? Why does it seem that rarely does someone prospect P&C or health but not both. What am I missing?
Thanks in advance for any thoughts.
I thought this forum might be better place to post this. I own a small and young P&C agency in Pa. and I'm looking to grow my commercial book of business. My thought is this and I'd like your feedback:
I want to bring a health agent in and license/teach P&C. They would be straight commission earning typical splits on the P&C they create. They can continue to do what they do best (health) and solicit P&C to their existing group health clients. They could solicit health to my current commercial (and personal) book.
My benefit is that it allows me to get more commercial production and not have to supplement a new producer's salary (money I don't have)
His/her benefit is it allows them to add an additional revenue stream
As a health producer/underwriter/agent - Why would you be interested or not? Why does it seem that rarely does someone prospect P&C or health but not both. What am I missing?
Thanks in advance for any thoughts.