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Old 06-16-2010, 03:15 PM   #1
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Setting Up My Own General Agency Setting Up My Own General Agency
What's it take to create your own General Agency that gets appointed with overrides by the carriers. I can pull in 30+ agents and was looking to split off from my current GA.

Pros ...... Cons ?????
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Old 06-16-2010, 03:19 PM   #2
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Setting Up My Own General Agency Re: Setting Up My Own General Agency
Which lines of insurance?

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Old 06-16-2010, 03:28 PM   #3
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Indvidual lines starting with health
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Old 06-16-2010, 03:33 PM   #4
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Setting Up My Own General Agency Re: Setting Up My Own General Agency
I wait and see what the comp structure will be like before starting anything agency that's health related.

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Old 06-16-2010, 03:38 PM   #5
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Yes, agree but if my GA is going to squeeze me out of overrides for my team, was thinking about taking my team with direct to the carriers.
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Old 06-16-2010, 03:42 PM   #6
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Setting Up My Own General Agency Re: Setting Up My Own General Agency
You can't do that unless you can meet each carrier's production requirements. Additionally, if you really want your own carrier direct GA contracts and plan on advancing your agents, at minimum you'd need around 50K liquid to offset chargebacks.

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