Search found 12 matches
- 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 ...
- 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...
- 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 !!!
- 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 ...
- 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...
- 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. ...
- 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. ?
- 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 ...
- 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...
- 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 ...
- 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...
- 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...