For the brokers who have a large number of agents under them I have a couple of questions:
1. Do you get or can you get daily production reports on every policy your downline writes that day and see who the client is?
2. If so and you see one of your downline replace one of your clients is it remotely legal to call the client to have them cancel the application and write the same policy with you? I know it is unethical and am looking to not have another contract with this broker. I am just curious if it is legal. I do some of my marketing by mail and I never ask who the previous agent is because I know for a fact that my mail generates a lot of calls to the previous agent. The day I wrote a policy for a client and submitted it online through the company she got a call from the broker I am contracted through 2 levels above me wanting to know if she was happy with her service and offering the same company I had already written her. Anyone have any thoughts on this?
1. Do you get or can you get daily production reports on every policy your downline writes that day and see who the client is?
2. If so and you see one of your downline replace one of your clients is it remotely legal to call the client to have them cancel the application and write the same policy with you? I know it is unethical and am looking to not have another contract with this broker. I am just curious if it is legal. I do some of my marketing by mail and I never ask who the previous agent is because I know for a fact that my mail generates a lot of calls to the previous agent. The day I wrote a policy for a client and submitted it online through the company she got a call from the broker I am contracted through 2 levels above me wanting to know if she was happy with her service and offering the same company I had already written her. Anyone have any thoughts on this?