Search found 6 matches

by Oblong
Tue Sep 17, 2019 12:13 pm
Forum: Opinions
Topic: Underwriting Non-Renewal Equity vs. New Business
Replies: 1
Views: 32953

Underwriting Non-Renewal Equity vs. New Business

Anyone that has producing P&C for awhile has a surely developed a love-hate (mostly one of those!) with the underwriting department. Thankfully these days thanks to technology most new business is self-underwritten with guidelines baked-in. But when it comes to underwriters setting up DNR's (Do ...
by Oblong
Thu Sep 12, 2019 12:27 pm
Forum: Opinions
Topic: Best advice for new producer...
Replies: 2
Views: 36340

Re: Best advice for new producer...

P&C insurance is selling meat and potatoes...everyone needs it so you have a huge number of prospects. Selling P&C is nothing but the Law of Large numbers...for me personally, I know 3 of every 10 people I talk to will buy insurance from me. So if I want 30 sales for the month I need to talk...
by Oblong
Thu Sep 12, 2019 12:10 pm
Forum: Opinions
Topic: Newbie, Should I Start a Farmers or Independent ?
Replies: 24
Views: 81802

Re: Newbie, Should I Start a Farmers or Independent ?

@lonestar - yes, the contract I have is still available to new agents. We are not 1099's like many captives have gone to. I'd prefer not say my carrier but they are one of the Top 20 largest in P&C in the US. So, you with a carrier, that to a new prospective agent trying to get into the agency ...
by Oblong
Thu Sep 12, 2019 12:05 pm
Forum: Opinions
Topic: Newbie, Should I Start a Farmers or Independent ?
Replies: 24
Views: 81802

Re: Newbie, Should I Start a Farmers or Independent ?

agentcool wrote: Wed Sep 11, 2019 4:31 pm If you do not get a 1099 then you are an W-2 employee. Right?
That is correct.
by Oblong
Wed Sep 11, 2019 2:06 pm
Forum: Opinions
Topic: Newbie, Should I Start a Farmers or Independent ?
Replies: 24
Views: 81802

Re: Newbie, Should I Start a Farmers or Independent ?

@lonestar - yes, the contract I have is still available to new agents. We are not 1099's like many captives have gone to. I'd prefer not say my carrier but they are one of the Top 20 largest in P&C in the US.
by Oblong
Wed Sep 11, 2019 12:55 pm
Forum: Opinions
Topic: Newbie, Should I Start a Farmers or Independent ?
Replies: 24
Views: 81802

Re: Newbie, Should I Start a Farmers or Independent ?

There has been lots of answers from Independents here and I don't dismiss their advice because it is honest to their situation. I will do the same with my own. I am a captive (not Farmers) for the past 30 years. Yes, I do get paid less commissions on the front side than independents. But I believe i...