Question for Independent Subproducers

[agencynew1]

Those of you that are currently sub producers or have done it before, how did you normally approach your local agency to allow you to sub produce independently and own your own book?

Also, could somebody clarify to me the steps. Is it that simple. As in a local agency with a direct appointment with the company has the ability to appoint you with a subcode and allow you to own the book? Do they just simply provide you appointments and subcodes for the companies they currently have a direct appointment with?
Are there ANY risks associated for them if you go through it with your own office, staff, and they deal with nothing

 

[AZDave]

Those of you that are currently sub producers or have done it before, how did you normally approach your local agency to allow you to sub produce independently and own your own book?

Also, could somebody clarify to me the steps. Is it that simple. As in a local agency with a direct appointment with the company has the ability to appoint you with a subcode and allow you to own the book? Do they just simply provide you appointments and subcodes for the companies they currently have a direct appointment with?
Are there ANY risks associated for them if you go through it with your own office, staff, and they deal with nothing

You are a current producer for an agency? If yes, did you sign a contract that may have some non compete language? Now you want to break that agreement, screw the agency owner and go on your own?

To obtain your own 'codes' means you have a direct appointment with that carrier. If you don't know if that is possible, it is not possible.

Your are dreaming if you think you can go indy and get your own codes, unless you have the schnitz.

 

[agencynew1]

That was TOTALLY not the question I was asking.

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My question was for the ones with no appointments and wanting to start an indy.

 

[F150]

That was TOTALLY not the question I was asking.

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My question was for the ones with no appointments and wanting to start an indy.

So you want to still work for the agency, yet start your own agency......NOPE, NEVER GONNA HAPPEN....

Conflict of interest, where are your ethics.....

 

[agencynew1]

What?? I'm not with ANY agency I'm simply looking to start one..

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This thread is about the process of a new agency teaming up with another agency..
Idk if it was the way I worded my question or whether people fail at reading comprehension

 

[AZDave]

So you are not an agent, but want to be one? Or do you want to be producer for an agency? I don't speak your speak. clarify please.

 

[agencynew1]

I am not an agent for anybody. I am a 35 year old licensed individual looking to startup a scratch agency in OH. I am inquiring about using established agencies' appointments to write business since I don't have any. Sheesh how hard was it to understand? I apologize for not dumbing my question down

 

[F150]

Didnt like the answers, so you posted it again?


http://www.insurance-forums.net/forum/general-insurance-agent-discussions/subproducing-t65202.html

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Sheeeeeh, did you pass 4th grade?

Agencies, dont SHARE contracts/producers/carrier access etc.

If you write under another agent, you are a PRODUCER, not an agency owner...

You might want to learn the lingo before you call people out kiddo......

 

[goillini52]

I am not an agent for anybody. I am a 35 year old licensed individual looking to startup a scratch agency in OH. I am inquiring about using established agencies' appointments to write business since I don't have any. Sheesh how hard was it to understand? I apologize for not dumbing my question down

The way you just asked it, wasn't hard to understand. The way you originally asked it...made no sense at all. You need to dumb it down...for yourself.

 

[agencynew1]

Didnt like the answers, so you posted it again?




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Sheeeeeh, did you pass 4th grade?

Agencies, dont SHARE contracts/producers/carrier access etc.

If you write under another agent, you are a PRODUCER, not an agency owner...

You might want to learn the lingo before you call people out kiddo......

Then why, when searching the forums, people were advising new agencies to team up with an established agency to subproduce with their direct appointments?