There are two primary types of insurance agents: captive agents and independent agents. A captive agent works exclusively for one insurance company, offering specific knowledge and expertise on that company’s products. On the other hand, an independent agent represents multiple insurance companies and often takes advantage of the access offered
The property and casualty (P&C) insurance industry is poised for growth but has its fair share of challenges. Selling P&C insurance demands exceptional skills and a keen understanding of ever-changing market dynamics. In a competitive landscape, agents need help to stand out in a crowded field, win new clients, and
Aggregator insurance sites are like personal insurance shopping assistants that do the legwork for you by collecting quotes from multiple insurers and presenting them in an easy-to-compare format. It’s like having a whole team of researchers working on your behalf to find the best rates and coverage options available. Commercial
Are you looking into how to grow an insurance agency and expand your insurance agency into the commercial sector? Doing this can be challenging, especially if you are new in the field. One of the biggest hurdles is gaining access to certain carriers or products because insurance companies may look
In the insurance industry, where fresh clients and steady cash flow are the lifeblood of the business, looming economic slowdowns can present formidable challenges. It doesn’t matter whether you’ve been selling insurance for a while or just cut the ribbon on your new agency, it can be a major struggle
Captive agents and independent producers alike have been tempted by the idea of joining an insurance cluster or an insurance aggregator. Whether you are representing one insurance carrier or work in an agency owned by another agent, the next step is to be fully independent and learn how to grow
Insurance cluster groups and aggregators are designed to give independent agents or agencies the benefits of larger agencies without sacrificing the autonomy and freedom that encouraged you to leave your larger agency behind. Chances are, you’ve heard the terms ‘agency aggregator,’ and ‘insurance cluster’ used interchangeably, but they are indeed
In today’s market, running your own agency can be tough. The insurance industry has become increasingly competitive, and while there are many benefits to becoming an independent agent or starting your own agency, when you finally make that leap, you might feel lost. You no longer have the resources and
As your agency continues to grow, you’re likely wishing you either had more freedom and independence, or on the flip side, more support and resources. Ideally, you’d like the option for both. This is where insurance agent aggregators and insurance cluster groups come into play. Types of Insurance Groups Whether