What Contracts Does EFES Offer Starting Out?

[ohbrother1]

I've heard anywhere from 80% to 100% - is this accurate?

 

[tins]

I've heard anywhere from 80% to 100% - is this accurate?

yes
......
...........

 

[ohbrother1]

What would be the highest for the lead program? Carrier specific? We are an agency.

 

[Rearden]

Starting new, probably around 85% to 90% FYC contracts.

RNA, AmAm, UHL, Americo, Foresters, Monu are the main carriers through EFES.

Take my advice. Pick 2 of those carriers (Monu and UHL) and test drive EFES with them. Otherwise you'll get locked into a 6 month non-release status with all you're contracted with.

AND -- try to get contracted directly with the EFES regional manager -- IE, Joe, Travis, Shannon. You don't want more middleman managers taking an extra 5 to 10 points off you.

 

[New2theInsuranceGame210]

Efes usually will not allow an agent to come on any lower than 80%. And they will give you 2 writing numbers with each carrier so that you can have a retail number and a WS number. They don't feel that they should be entitled to a huge override if they didn't help generate the business, so thats why they give each agent a WS number. So if you had a 90% on the retail side, you would have a 110% on the WS side. So as you can see that's pretty fair.

 

[ohbrother1]

Starting new, probably around 85% to 90% FYC contracts.

RNA, AmAm, UHL, Americo, Foresters, Monu are the main carriers through EFES.

Take my advice. Pick 2 of those carriers (Monu and UHL) and test drive EFES with them. Otherwise you'll get locked into a 6 month non-release status with all you're contracted with.

AND -- try to get contracted directly with the EFES regional manager -- IE, Joe, Travis, Shannon. You don't want more middleman managers taking an extra 5 to 10 points off you.

Reardon,
I don't have 20 posts so can't PM you but would like to get in touch to ask a few quick questions if it's not too much trouble. I've read your posts and appreciate your balanced opinions. Any chance you could PM me to initiate a conversation?
Thanks.
- - - - - - - - - - - - - - - - - -
Dave,
I'll have to find another way. Forum won't allow even responding to a PM at this point until 20 posts.
Thanks.

 

[jdeasy]

I've heard anywhere from 80% to 100% - is this accurate?

One manager starts new agents at 90% on the lead program. The others are lower.

You can get to 100% with production. Might can even start at over 90% with proven production, I did.

These are the retail contracts when on the lead program. Broker contracts are 110 to 120%.

I would also echo what Reardon said about contracing direct with one of the regikonal directors. Cut out any middle men.

 

[Rearden]

Rule of thumb is when contracting through EFES, contact Travis Tubbs; he actually produces for a living in conjunction with management and actually pays better than the rest of the EFES managers (with production proof, as JD stated).

One manager starts new agents at 90% on the lead program. The others are lower.

You can get to 100% with production. Might can even start at over 90% with proven production, I did.

These are the retail contracts when on the lead program. Broker contracts are 110 to 120%.

 

[ohbrother1]

Reardon,
Any chance you could PM your personal email address? Your initial situation is similar to ours. Have a few questions if that's okay.
Thanks.

 

[insurancemet]

If someone was local training you is 70% too low or is that fair?