Hi All! I recently received a termination notice from Safeco for a large high-value home loss. I have a decent book with them and lots of good clean clients. I was wondering if there is any brokerage that I can roll my book (only truly preferred clients) to before it officially terminates for a commission split. I hope to find an MGA/wholesaler in California. Several years ago there were lots of companies like Superior Access, but now I am struggling to find any.
MGA/ Wholesaler needed in CA
- Thread starter TS85
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- 2,195
Your appt is being terminated or your a clients policy is being terminated?
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The appointment will be terminated approximately 4 months after the notice. After the formal termination date, all client's policies will start non-renew. So I am looking for some brokerage where I can transfer the book under their code before clients will start receiving non-renewals.
- 2,195
What are you looking for with this? High Commission or Low Customer Service Resp?
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MIGA1626
Super Genius
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What ended up happening on this? I have never heard of a carrier terminating someone because of one claim even if it is big.
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- #9
MIGA1626, you are probably not in CA. It is a bib mess here. Safeco got read of many agents, a lot of insurance companies left CA completely, while others are not taking new business or taking with restrictions and longer times for approvals. My Safeco clients are being non-renewed. Some I was able to re-write, and some were lost
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Really in Personal Lines - never happened to you before?
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