- 5,294
How do you plan on generating leads as an indy agent?
Can You Sign Up with A FE Lead Company and Still Sell P & C with Other Companies?
- Thread starter asummer74
- Start date
- Thread starter
- #12
Well to be honest.. I am not totally sure as of yet, as I said, I am new to this area, that is why I was thinking of going with a leads/mailer program. What are your thoughts on these? Are they worth the money?
- - - - - - - - - - - - - - - - - -
Reading this forum has been such a blessing! I have picked up so much information.. Very grateful for this place to ask questions and do research!
Last edited:
- 5,294
I'd go with a lead subsidizing organization like EFES or Securus where you'll get both industry training and a managed lead program.
You can always leave and go independent down the road. And, even though you'll have 6 month waits on your carriers, there's so many FE products that you'll do fine.
PM me if you want some contacts in both organizations to talk to.
You can always leave and go independent down the road. And, even though you'll have 6 month waits on your carriers, there's so many FE products that you'll do fine.
PM me if you want some contacts in both organizations to talk to.
You can find all securus training online just search for it. Their mortgage protection too!
- Thread starter
- #15
Ok, so just to recap... If I sign on as a sub-contractor with an independant agency. ( One I have spoken with is looking for a subcontractor), the agency sells P & C, commerical and Life. If I were to do this, I am assuming its best to just write with this agencies life appointments and not mess with the FE leads programs.. correct? ( the reason I was looking into FE leads was I am interested obviously in the leads aspect of it, helping to get me started and write business.) Or is it best to be both sub contractor with agency, to do the P & C aspect, and maybe then take on additional FE work, when I am up and running? If I am a sub contractor with an agency, can I even do this? Thanks in advance, and sorry if my wording sounds confusing !
I think you should partner up with the Agency, and contract separately through an IMO that gives you either A) lead program and lower commission i.e. securus, efes or B) Develop your own leads and higher commission i.e. mailers, door knocking, cold calling, telemarketed leads.
I think since you have two main insurances to focus on, I would go indy with FE and run your own appointments on the side while you do p&C. FE will be a great cash-flow business if you can make it work, which will keep you afloat while you build your P&C book. Cross-sell your FE clients and your book will grow faster...
I think since you have two main insurances to focus on, I would go indy with FE and run your own appointments on the side while you do p&C. FE will be a great cash-flow business if you can make it work, which will keep you afloat while you build your P&C book. Cross-sell your FE clients and your book will grow faster...
- Thread starter
- #17
Thank you very much for your input! Its greatly appreciated. I guess I was just confused, as I wasn't sure if I can be subcontractor with indpendant agency, and also sign up with a FE company such as EFES or Securus etc.. I didn't know if there would be a conflict or something. As I said, I am new to this so figuring it all out, which avenue to go can be quite overwhelming, as I am sure all newbies are! Thanks again!
- - - - - - - - - - - - - - - - - -
This forum is such a lifesaver!! So much information on it!
Last edited:
Securus and efes do not require having all company appointments with them, always diversify your imos.
Question is, what kind of marketing are you most comfortable doing, do you have money for leads?
Question is, what kind of marketing are you most comfortable doing, do you have money for leads?
- Thread starter
- #19
Yes I do have some money for leads. When you say they don't recquire having all company appointments with them, are you saying, you can pick and choose which companies you want to be appointed with?
- 17,044
When you are independent, you can have one company here and another one there and a third one somewhere else. You can have 100 companies spread all out if you want to.
BUT, when you are new and green and need guidance, here are the steps I would take:
1. Check with your P&C agency that you are selling for to make sure they will allow you to sell FE outside of them with no conflict. DON'T do it behind their back unless you are ready to cut ties with them.
2. Select ONE FE brokerage to work with initially. I have one at http://fexcontracting.com or other choices here on the forum would be Todd King, Chris Westfall, Mark Rosenthal, etc.
But choose ONE upline and let them assist you in choosing three companies. The reason for this is if you have 5-Star and Monumental through me and Oxford and ForeThought through another guy and Americo and Royal Neighbors through a third guy...who do you call when you have a difficult case? And in the begining, they are all difficult cases.
You want ONE place that has a vested interest in helping you make the sale and can give you unbiased advice. You can't learn more than three companies at first and you really don't need to if you have the three right companies. You should be able to place any case you run across.
If you completely change gears later, any of the guys mentioned are good about letting you change FMOs if you need to but even if you found one that didn't, with only three companies tied up you have MANY others to choose from.
Bottom line...make it easy on yourself, not harder.
Similar threads
