Search found 12 matches

by Sports_Agent
Fri Jul 25, 2014 10:38 am
Forum: Opinions
Topic: Why am I still an Agent?
Replies: 32
Views: 60324

Re: Why am I still an Agent?

For those thinking I am a Sales Manager for a Direct Writer, that is not the case. I was a direct writer for 18 years (Liberty Mutual) and have owned my own independent agency for 21 years. I have 6 agents in the office. We grew 20% last year (measured by commissions) and we maintained an excellent ...
by Sports_Agent
Fri Jul 11, 2014 10:25 am
Forum: Opinions
Topic: Why am I still an Agent?
Replies: 32
Views: 60324

Re: Why am I still an Agent?

... REALLY? With your attitude I suspect career planning is in your future. If people simply bought on price Mercedes, Lexus, etc. would never sell another product. A well trained salesman can $ell! Intelligent consumers want an agent to advise them. Commercial Insurance is far too complicated to be...
by Sports_Agent
Fri Oct 22, 2010 10:35 am
Forum: Opinions
Topic: Average premium volume
Replies: 4
Views: 11697

Re: Average premium volume

...Well, our small agency was at a little over $1,000,000 at that point. We maintained about a 90% retention rate with one agent and one part time CSR at that time. We now have five agents and two CSRs. We are in East Tennessee and write business in two primary counties. Good $elling !!!
by Sports_Agent
Fri Sep 10, 2010 10:44 am
Forum: Hard-to-Place Accounts
Topic: restaurant with entertainment CA
Replies: 8
Views: 6916

Re: restaurant with entertainment CA

The Zurich has an appetite for all that AIG Business they bought. You can get appointed instantly by typing in 'ZMatch' in Google. ZMatch is the name of their program. Manuever to their website and apply for the appointment. It is very simple (or at least it was for us in TN, VA, NC, SC and AL.) We ...
by Sports_Agent
Thu Dec 31, 2009 3:08 pm
Forum: Opinions
Topic: Reasonable expectations for a new PL producer
Replies: 8
Views: 13046

Re: Reasonable expectations for a new PL producer

Go Vols: We have spoken before... I am a former Liberty Personal Lines Sales Rep and Manager. Liberty now will write substandard auto and non-prior auto. The 7.5 policies this prospective employee is writing is somewhat low. Best Practices suggests a lower first year commission (say 40%) and a lower...
by Sports_Agent
Tue Nov 03, 2009 2:04 pm
Forum: Hard-to-Place Accounts
Topic: monoline Liquor Liability
Replies: 2
Views: 2766

Re: monoline Liquor Liability

... Contact TAPCO Underwriters, Burlington, NC, these brokers have an affordable monoline liquor poilcy thru Founders Insur Co. ...
by Sports_Agent
Wed Oct 14, 2009 11:18 am
Forum: Hard-to-Place Accounts
Topic: WC for a plumbing company - CA
Replies: 11
Views: 6753

Re: WC for a plumbing company - CA

Do you not have an assigned risk pool on CA. ?
by Sports_Agent
Fri Mar 20, 2009 10:33 am
Forum: Opinions
Topic: Broker Dealer for insurance agents?
Replies: 4
Views: 5152

Re: Broker Dealer for insurance agents?

As a Registered Principal (23 years in the securities business) and Independent Insurance Agency Owner (33 years in the business) , my advice may not be pleasing to your eyes. Most Independent Broker/Dealers are looking for a lot of continued new production/sales. They are not interested in letting ...
by Sports_Agent
Thu Jan 29, 2009 12:03 pm
Forum: Opinions
Topic: Liberty Mutual
Replies: 6
Views: 6944

Re: Liberty Mutual

I am a former Liberty Mutual Employee. I started as a Personal Lines Sales Rep. and progressed up to District Manager. I was there for 19 years. The training and benefits are good. I should have left after 5 years and become an independent agent. Every 15 to 20 years they have massive layoffs. I onl...
by Sports_Agent
Fri Oct 17, 2008 11:20 am
Forum: Opinions
Topic: Future of Independents
Replies: 6
Views: 5750

Re: Future of Independents

I was a direct writer (captive) as both an agent and in management for 19 years. I have owned an independent agency for 15 years. When purchasing insurance people want a choice (not available from captive agents or from most internet providers or 1-800 numbers), they want a local agent they can sit ...
by Sports_Agent
Fri Sep 12, 2008 1:23 pm
Forum: Hard-to-Place Accounts
Topic: Course of Construction
Replies: 7
Views: 6934

Re: Course of Construction

Zurich-American has an excellent Builder's Risk that you can rate, apply online, bind, print the application and the policy, print invoice, certificate, etc. It is an agency bill so you can withold your 12 1/2 % commission upfront and submit the balance on line... They will write new home consrtuct...
by Sports_Agent
Tue Aug 26, 2008 10:50 am
Forum: Opinions
Topic: Networked Insurance Agents compared to others..
Replies: 10
Views: 8391

Re: Networked Insurance Agents compared to others..

We have a small agency with offices in 2 cities and write coverages in TN, VA, AL, and SC. We have over 100 direct appointments so we rarely need to use a broker. Assuming you need some preferred companies , I suggest you look into joining the Big "I" (Independent Insurors.) They have an a...