There are other alternatives to both. I've been with Superior Access and I was not happy at all. First, they bait you with a $25.00 monthly fee just for access. Then they bumped that to $100.00 again just for access. If you write something you better make a lot of commission to offset the $1200 annual cost, then there's the commission they get off your business and they control it. Just because they show that they offer some of the top companies you WILL NOT have access to all those carriers markets/products. Almost every single risk we called them about they didn't have a market for even though we knew Travelers would write that type risk we were told no market. Why? Not sure. Now if you are totally independent and don't have to place any business with your primary carrier they may work out better that's not my situation. I have an open door for commercial because my primary carrier has such a narrow appetite. If they even still offer the $25 mo subscription I'd say give it a whirl and throw everything you can at them to see how open their markets really are. If it's not too productive take a hike. There are lots of general agencies like Texas All Risk, Burns & Wilcox where you can get your commercial business placed and not have to pay an access fee. They all want volume so pick your partner well. We have problems getting quotes turned around quickly with Burns & Wilcox so try Texas All Risk they have an online rater and it's free. Good luck, if you think health is a pain, welcome to commercial. Prozac is on aisle 3.
Superior Access Vs. Smart Choice
- Thread starter HealthGuy
- Start date
There are other alternatives to both. I've been with Superior Access and I was not happy at all. First, they bait you with a $25.00 monthly fee just for access. Then they bumped that to $100.00 again just for access. If you write something you better make a lot of commission to offset the $1200 annual cost, then there's the commission they get off your business and they control it. Just because they show that they offer some of the top companies you WILL NOT have access to all those carriers markets/products. Almost every single risk we called them about they didn't have a market for even though we knew Travelers would write that type risk we were told no market. Why? Not sure. Now if you are totally independent and don't have to place any business with your primary carrier they may work out better that's not my situation. I have an open door for commercial because my primary carrier has such a narrow appetite. If they even still offer the $25 mo subscription I'd say give it a whirl and throw everything you can at them to see how open their markets really are. If it's not too productive take a hike. There are lots of general agencies like Texas All Risk, Burns & Wilcox where you can get your commercial business placed and not have to pay an access fee. They all want volume so pick your partner well. We have problems getting quotes turned around quickly with Burns & Wilcox so try Texas All Risk they have an online rater and it's free. Good luck, if you think health is a pain, welcome to commercial. Prozac is on aisle 3.
NO!
Because John Smith is going to call you at 4:59:59 on a Friday and tell you that his coverage is running out on Sunday and he wants to move forward with that quote you gave him 3 weeks ago. And then he will proceed to say, nicely, that if you can't bind coverage for him TODAY he will simply go to agent B.
Binding authority is very important. The previous post is a good example. Look at SIAA also. They are expensive but you feel like you have no one looking over your shoulder with their model. Smart Choice cost 15k per year if you get big. Superior Access is difficult. These are hard decisions to make. All have their own advantages.
others:
Iroquois
Agent Secure
Insurance Noodle
Local Aggregators.
CR St. Louis has more aggregators than most cities. The list it very long. You may want to explore that more
others:
Iroquois
Agent Secure
Insurance Noodle
Local Aggregators.
CR St. Louis has more aggregators than most cities. The list it very long. You may want to explore that more
- Thread starter
- #14
- 3,352
Pay SIAA 10K upfront to write business with them? What a joke, especially if you dont have a p and c book already. Agent Secure you have to have a lot of P and C business on the books to write with them, Insurance Noodle has very few companies and focuses on commercial.....local aggregates want to rape you and own your book, no thanks.
I've been fairly happy with Iroquois. You do have binding authority (it is important with P&C).
- 608
Connect is in TX, FL and several other states. They offer a better commisison arrangement than SIAA or SC. Very easy company to deal with. Our agency is fairly new to P&C, but some of our staff has a lot of experience. They really like working with Connect.
bree4479
Expert
Superior is slow and no binding for you just them. It's hard to run a real agency thought them trust me I tried it. They do use EzLynx which is nice but that was about the only good thing. It also does matter who's name is on the policy. Trust me I ran into that a lot. Some time you have to give up a cut to get direct appoinments through some like SIAA but you deal with the underwriters directly. You wil not have that chance with Superior. They talk to the underwriters which is like pulling teeth when you need something done.
- 104
No binding authority would be a nightmare. You would never know if a quote you are offering would be bindable or not until the very end of the process.
I have been evaluating a lot of these aggregators and have yet to find what I am looking for.
I want direct access to the carrier with binding authority. I want no non-compete so I am free to aor or roll my book once I have a direct appointment. And book ownership (obviously).
I will sacrifice some commissions or pay a higher monthly fee in order to get those items. Anyone have a recommendation?
I have been evaluating a lot of these aggregators and have yet to find what I am looking for.
I want direct access to the carrier with binding authority. I want no non-compete so I am free to aor or roll my book once I have a direct appointment. And book ownership (obviously).
I will sacrifice some commissions or pay a higher monthly fee in order to get those items. Anyone have a recommendation?
SIAA gives you those things.....
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