general agents

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Posted: Fri May 22, 2009 7:43 am Post subject: general agents

If PPGAa hire agents under them in order to recieve overriding comissions on sales. What do we call those additional hired agents? Is there a title? Do PPGAs recieve overriding comissions by hired brokers also?

darnardo1

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Posted: Fri May 22, 2009 10:45 am Post subject:

Quote:

If PPGAa hire agents under them in order to recieve overriding comissions on sales. What do we call those additional hired agents? Is there a title?

Writing agents.
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GarySpicuzza

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Posted: Wed Jun 10, 2009 3:40 am Post subject: General Agents

PPGA is a personal producing general agent. Those hired under my be called agents or LOA (licensed only agents), if PPGA controls the commission and service rights of policies sold.

Safemoney4u

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Posted: Wed Jun 10, 2009 5:34 am Post subject:

Hi Safemoney4u,

Quote:

PPGA is a personal producing general agent.

How are these agents different than others? Do they have the authority to alter terms of the policies?

Steven

steven

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Posted: Wed Jun 10, 2009 5:38 am Post subject:

Hi Darnardo1,

Quote:

If PPGAa hire agents under them in order to recieve overriding comissions on sales.

What percentage of the hired agent's com. do they get in return?

Steven

steven

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Posted: Wed Jun 10, 2009 7:35 am Post subject:

Quote:

PPGA is a personal producing general agent. Those hired under my be called agents or LOA (licensed only agents),

Safemoney4u , how exactly the roles of PPGA and license agents differ?

Does it mean that the license agents wouldn't have a say over the rate of commission they would receive from the sells?

simon

Senior member