Hi Everyone and thanks for taking the time to read this.
I am switching my career from a market analyst to Insurance (P&C). Two things I would love to get some insight on and any help would be greatly appreciated:
1. What is the average independent broker income (Based on commissions from my understanding only, right?). I would love to know how much you are all making if you don't mind sharing that info, of course.
2. I have been told that P&C is becoming very hard for personal lines since banks have been very aggressive in getting all the clients for themselves and now only thing is left is for commercial accounts. How true is this?
The reason why i'm thinking of making a career switch is because I'm tired of 9-5 job and want to work for myself. I believe becoming an independent broker will allow much more flexibility. Can you guys agree to this?
Thanks again and the more the info the better. Thank you all!
P.S. I live in Toronto, Canada.
I am switching my career from a market analyst to Insurance (P&C). Two things I would love to get some insight on and any help would be greatly appreciated:
1. What is the average independent broker income (Based on commissions from my understanding only, right?). I would love to know how much you are all making if you don't mind sharing that info, of course.
2. I have been told that P&C is becoming very hard for personal lines since banks have been very aggressive in getting all the clients for themselves and now only thing is left is for commercial accounts. How true is this?
The reason why i'm thinking of making a career switch is because I'm tired of 9-5 job and want to work for myself. I believe becoming an independent broker will allow much more flexibility. Can you guys agree to this?
Thanks again and the more the info the better. Thank you all!
P.S. I live in Toronto, Canada.