How does the typical Agency Work?

by cjman » Thu Nov 19, 2009 06:27 pm
Posts: 2
Joined: 19 Nov 2009

I'm a personal lines agent currently setting up with an Agency as an employee. The contract offered will be commission only with earning roughly 6% on the sale. I also bring to the Agency a web marketing system which helps bring in a few extra leads a month. Nothing huge. I'm basically just wanting a clearer idea of how things work. Any feedback is much appreciated.
_________________________________________

How is your Agency set up as far as
commission only employees are concerned?

Do you let your commission only employees
work incoming phone leads?

Do the CSRs assist the employed Agents
with followups and other service work?


As far as other marketing costs, overhead etc...

What should be my responsibility as an employed Agent.

What should be the Agency's responsibility.

Total Comments: 5

Posted: Fri Nov 20, 2009 05:15 am Post Subject:

Hi, if you find some time please go through the link below. It would surely give you an idea how you should start as a captive agent. http://www.ampminsure.org/insuranceagents/difference-captive-independent.html
ArindamSenIndies

Posted: Sun Nov 22, 2009 12:42 am Post Subject: Resposibilities of a Commission Only Agent within an Agency.

Not really the answer I was looking for. Are commission only Agents within an Agency (earning 1/2 the commission of sales made) responsible for any overhead, cost of advertising, or cost of work performed by CSRs.

Posted: Sat Dec 26, 2009 04:17 pm Post Subject: new product

If you are interested to work with health and travel insurance company for schengen countries, or you want to earn more money you can contact me in this email address healthinsurance.com@gmail.com

Posted: Tue Dec 29, 2009 05:12 pm Post Subject:

From my experience you will not absorb any overhead expense. We do limited advertising for sub agents and csr's service "all" accounts including those written by the subagt. As far as incoming quote requests...the house normally keeps all requests that are results of ongoing agency marketing programs..as would be expected. Subagent should have access to cross sell opportunities from existing book as well.

Posted: Mon Jan 11, 2010 12:21 pm Post Subject: Travel Health insurance

with our insurance company the commission of 20% it belongs to you and it is up to you are you going to shear this with your coworkers or are you going to pay tax obligations in your state, this all depends on your agreements that you do and the way that you prefer to do your job, in any case please visit this web pages only to get familiar with our product maybe you will find something more interesting than others , you can visit incomingglobal


or you can contact me on this email address

healthinsurance.com@gmail.com

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