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Reply to Thoughts on Agency Clusters/Aggregators?     
Old 04-22-2015, 03:31 PM   #1
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Thoughts on Agency Clusters/Aggregators? Thoughts on Agency Clusters/Aggregators?
I have a smaller book of business in NJ that I am looking to double by years end. I just lost my agent that I have been putting my personal auto business through.

I am considering signing up with an Agency Network/Cluster/Aggregator. So far I have spoken to the NJ Branch of SIAA.

What is the overall opinion of these companies? Are they beneficial?

Thanks in Advance!
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Old 04-22-2015, 03:55 PM   #2
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Thoughts on Agency Clusters/Aggregators?
Originally Posted by SpinsAgency View Post
I have a smaller book of business in NJ that I am looking to double by years end. I just lost my agent that I have been putting my personal auto business through. I am considering signing up with an Agency Network/Cluster/Aggregator. So far I have spoken to the NJ Branch of SIAA. What is the overall opinion of these companies? Are they beneficial? Thanks in Advance!
Just don't... You are going to regret it down the road. Also, it is REALLY hard to sell your book if the buyer is required to join the cluster.
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Old 04-22-2015, 04:04 PM   #3
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Originally Posted by agentinsouth View Post
Just don't... You are going to regret it down the road. Also, it is REALLY hard to sell your book if the buyer is required to join the cluster.
What do you suggest to get access to the lines then if the carriers won't allow my agency direct with our small premium amount?
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Old 04-22-2015, 05:36 PM   #4
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Thoughts on Agency Clusters/Aggregators? Re: Thoughts on Agency Clusters/Aggregators?
Take a look at appalachian underwriters. Their market access program is not a direct appointment but they have an online rater so you can do the quote immediately and you normally can have the finalized, bindable quote same day. No non compete or buyout for their standard personal lines carriers once you're ready for direct appointments.. Plus they have some good commercial and non standard homeowners programs as well.
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Old 04-22-2015, 10:05 PM   #5
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Thoughts on Agency Clusters/Aggregators?
Originally Posted by indienoise View Post
Take a look at appalachian underwriters. Their market access program is not a direct appointment but they have an online rater so you can do the quote immediately and you normally can have the finalized, bindable quote same day. No non compete or buyout for their standard personal lines carriers once you're ready for direct appointments.. Plus they have some good commercial and non standard homeowners programs as well.
I agree & Agent secure.com is another good option.

However, I met my carriers through PIA and Big I.... No real issue getting appointed... I honest have too many HO carriers.
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Old 04-22-2015, 10:15 PM   #6
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Thoughts on Agency Clusters/Aggregators?
Originally Posted by SpinsAgency View Post
I have a smaller book of business in NJ that I am looking to double by years end. I just lost my agent that I have been putting my personal auto business through. I am considering signing up with an Agency Network/Cluster/Aggregator. So far I have spoken to the NJ Branch of SIAA. What is the overall opinion of these companies? Are they beneficial? Thanks in Advance!
let me know what you find. In NJ also
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Old 04-23-2015, 12:34 AM   #7
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Originally Posted by agentinsouth View Post
I agree & Agent secure.com is another good option.

However, I met my carriers through PIA and Big I.... No real issue getting appointed... I honest have too many HO carriers.
Can you elaborate on this? Are you a PIA member? Did PIA put you in touch with the carriers?

I currently have my E&O written by PIA, but I am not a member.
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Old 04-23-2015, 07:05 AM   #8
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Thoughts on Agency Clusters/Aggregators?
Originally Posted by SpinsAgency View Post
Can you elaborate on this? Are you a PIA member? Did PIA put you in touch with the carriers? I currently have my E&O written by PIA, but I am not a member.
Go to the events and meeting.... Network.
I play it cool, but make it clear I am interested in their company.
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Old 04-23-2015, 07:09 AM   #9
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Thoughts on Agency Clusters/Aggregators? Re: Thoughts on Agency Clusters/Aggregators?
I cooperated with Network/Cluster/Aggregator before. And i can tell you im satisfied with their service. So i don't now more about your needs.
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Old 05-06-2015, 08:53 PM   #10
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Thoughts on Agency Clusters/Aggregators? Re: Thoughts on Agency Clusters/Aggregators?
NJ NY CT ... we all have a tough time getting appointed with carriers especially for personal lines. They all have plenty of agents in the area and want to go direct.

In my experience clusters are your best bet. Not all clusters are created equal. Do your research and find the best option for you.

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