Search found 6 matches

by mark4insurance
Sun Mar 22, 2009 5:27 pm
Forum: Opinions
Topic: Iroquois comments?
Replies: 19
Views: 15430

Re: Iroquois comments?

Has anyone had experience using one of the online aggregators like Agent Secure, Superior Access or Insurance Noodle? It is my understanding you cant bind the business yourself and it can take up to 24 hours for them to bind ( they say it is usually within minutes). Do they allow you to bind quickly...
by mark4insurance
Thu Mar 19, 2009 5:25 pm
Forum: Opinions
Topic: Florida Independents
Replies: 23
Views: 14465

Re: Florida Independents

Only problem with Smart Choice is the exit provisions in section 8 if you leave or if they leave you. You cannot directly or indirectly sell through any company you used them for 2 years afterwards.
by mark4insurance
Thu Mar 12, 2009 5:51 pm
Forum: Opinions
Topic: brightway insurance brokerage in florida
Replies: 33
Views: 112499

Re: brightway insurance brokerage in florida

I looked into it and decided to go another route. They tell you that they take care of all the servicing and take 45% of your gross. However, you still have to pay for rent, utilities, insurance, etc. I think you are better off with alternative avenues. Having someone seveice for you is a potential ...
by mark4insurance
Thu Mar 12, 2009 5:45 pm
Forum: Opinions
Topic: Mercury broker appointment
Replies: 25
Views: 25840

Re: Mercury broker appointment

I am an Agent in Tampa Bay area of Florida. Does anyone have experieince with Mercury in Florida and what other companies are generally the most competitive on auto? Also what is the base commission Mercury pays and what on average is the total commission they pay with volume and contingency payments?
by mark4insurance
Thu Mar 12, 2009 5:29 pm
Forum: Opinions
Topic: Florida Independents
Replies: 23
Views: 14465

Re: Florida Independents

I have done a lot of research into this and have read many contracts from the various companies. I have a good size captive agency and am looking into helping my wife set up an IA. I have been offered some direct appointments because of my agency size but am still looking at going with a "conso...
by mark4insurance
Thu Mar 12, 2009 4:56 pm
Forum: Opinions
Topic: Captive Agent wants to have wife open an IA.
Replies: 28
Views: 32291

Re: Captive Agent wants to have wife open an IA.

I am also in your same situation. I have been a captive agent for 20 years and have over 7000 PIF and am now losing all my Fire book of business due to company pullout. You may want to double check being an office in the IA. In my company any ownership or being an officer would be a violation of you...