AgentCo gives you the insurance company market access that you need without the hassles and expenses of a typical insurance agency cluster or insurance aggregators.
Most programs fall into one of two types.
The first is an open arrangement. Pretty much any agency can use them, and they have several companies that can be accessed.
The cost is minimal and there is no volume requirement or long term contract. Most of the products available are generic or readily available somewhere else.
There’s no path to a direct contract with the carriers and while they may occasionally provide an insurance market that’s needed, they don’t provide what is needed to build long term insurance agency value.
The second type are insurance aggregators or an insurance cluster group. They often have an initiation fee, ongoing monthly fees and retain a percentage of the commission. Some assume an equity interest in your agency meaning that they own part of your business.
Once in, it’s often difficult to get out. When you do, you may have to buy out their ownership and lose the access to the carriers you had placed business with.
While some agents are content with this arrangement, it doesn’t suit the entrepreneurial agency owner who wants to remain independent.
That’s where AgentCo is different.
With AgentCo’s Channel Agent™ program, you not only get access to high-quality carriers, you are on a path to a direct contract with those carriers.
No one helps you get a direct appointment faster! And isn’t that what you really want?
Here are just some of the reasons other successful agency owners have chosen AgentCo:
- National carriers – Quality carriers with the markets you need to grow your agency
- Custom market selection process – We match your needs with our markets, not the other way around
- Keep the carriers you have – we don’t make you roll a book of business unless YOU want to
- Getting the right mix – with carriers of all sizes, we can match you up with the most appropriate carriers for your agency
- Complete freedom – Place your clients where you want, we don’t require you use our carriers if another option is better
- Work directly with the insurance company – no need to go through a middle-man, you have access to the company underwriters to start establishing relationships now
- Your agency name on the policy – your clients see YOUR agency name, not AgentCo’s
- Same commission rate on new and renewal policies – Your commission won’t drop after the first year, which means more money for you
- Bonus and contingency eligibility – earn bonuses and contingent commissions in addition to your monthly commission
- NO penalty or buyout when you go direct – when you and the carrier are ready you can leave AgentCo and go direct painlessly!
- AgentCo is 100% owned by independent insurance agents – we know your business, we’ve been there and want to help you avoid the struggles we faced as new agents
- You’re not just a number – insurance is a relationship business. You won’t be overshadowed by large agencies with AgentCo
- Mentorship – We work to help every AgentCo agent realize their full potential as independent insurance agency owners
- We don’t compete against you – We don’t sell franchises and don’t establish agencies down the street from you.
- Our goal is your independence – we want to help you develop a solid book of business that will provide you a great current income and have lasting value for the future. That means less money for us in the long run and we’re OK with that!
At AgentCo, your success is our only mission!