The Right FMO... do I need one?

[CJ Tibbs]

Hi Friends,

PC Girl looking to enter Senior Space. My present boss has allowed me to get experience in this market (as he's slowing down operations). I want to write MED ADV. and Supps (for now).

A few things occurred to me after reading several posts...

• When do you need an FMO?
• Are there many companies you can get a direct contract with?
• What are the pros of working with an FMO?

Thanks for your input~

 

[Fisher]

I pity your inbox.

 

[CJ Tibbs]

I pity your inbox.

That's great info... Thansk!

BUT back to the question... 'Do I need an FMO?'

 

[Jim Wright]

That's great info... Thansk!

BUT back to the question... 'Do I need an FMO?'

You don't NEED one but, if you write enough business you'll probably want one. There are extra resources and $$ that come from FMO's that you can't usually get direct from the carrier.

If you just want to write a few apps here and there with a few carriers, you probably don't

 

[CJ Tibbs]

You don't NEED one but, if you write enough business you'll probably want one. There are extra resources and $$ that come from FMO's that you can't usually get direct from the carrier.

If you just want to write a few apps here and there with a few carriers, you probably don't

I like the idea of working with other 'Team Mates' on the same side. I also like comradery (probably why I stayed at my office for so long).

My biggest concern is getting a release when needed !

 

[Fisher]

That's great info... Thansk!

BUT back to the question... 'Do I need an FMO?'

The 100% accurate answer would be no. There will be some companies you can't contract with without going through an FMO but that's not what you are asking.

 

[CJ Tibbs]

The 100% accurate answer would be no. There will be some companies you can't contract with without going through an FMO but that's not what you are asking.

I guess I worded the title wrong.

"SHOULD I work with an FMO ?" (That's better) !

Thanks

 

[Fisher]

"SHOULD I work with an FMO ?"

As long as you pick a good one and not one of the slimy MLM types, there is no good reason not to.

 

[rmhaire]

What are the pros of working with an FMO?

Several.

Obviously the first thing that comes to mind is the free technology.

But beyond that, I use mine for information. Stuff like product changes and announcements, webinars and company updates.

The right FMO can provide stuff that you'd normally have to sniff out on your own.

I have 7 or 8 different ones as well as quite a few companies that are direct.

There's no real down side to having a good FMO or two.