Hi Dignainsurance!
We have been extremely happy with our Hawksoft CMS. I'd look into that if you haven't already bought one.
Search found 16 matches
- Fri Oct 30, 2020 9:59 am
- Forum: Opinions
- Topic: Management System and Rater
- Replies: 2
- Views: 88220
- Fri Oct 30, 2020 9:47 am
- Forum: Opinions
- Topic: Workers comp ghost policy
- Replies: 12
- Views: 204564
Re: Workers comp ghost policy
Continuing on with the conversation... a "ghost policy" is really a normal work comp policy with no reportable payroll at the time it is issued. These accounts are audited regularly to see if there are any changes to the payroll that need to be addressed. Many of them are "test audite...
- Fri Oct 30, 2020 9:22 am
- Forum: Opinions
- Topic: Questions on starting IA
- Replies: 7
- Views: 126849
Re: Questions on starting IA
For all the reasons above, starting a new IA is a tough way to go. If there is some other compelling reason to have a P/C agency then I would consider buying one. You'll need to pay a premium so you also get the staff and agency rainmaker... the person that will have the knowledge and skills to cros...
- Fri Sep 18, 2020 4:50 pm
- Forum: Opinions
- Topic: Workers comp ghost policy
- Replies: 12
- Views: 204564
Re: Workers comp ghost policy
I know this is late coming into the discussion... My agency routinely issues a ghost policy on self-employed logging clients like one-man timber fallers. They do not want to pay 25% to 50% of their income to WC just so they can put their boots on and go to work each morning. that said, we then offer...
- Fri Sep 18, 2020 4:18 pm
- Forum: Hard-to-Place Accounts
- Topic: Habitat for Humanity
- Replies: 2
- Views: 101594
Habitat for Humanity
Hi all. I have an opportunity to quote the local chapter of Habitat for Humanity. This is a multi-faceted risk that includes a retail thrift store, accepting donated building supplies and houseware goods as well as serving as the general contractor for the construction of new homes for their clients...
- Tue Apr 09, 2019 3:38 pm
- Forum: Opinions
- Topic: Commission For P and C
- Replies: 4
- Views: 119433
Re: Commission For P and C
It is a bit tough to really say on this one. You are new. If you were an experienced commercial producer working for my agency I pay 50% of the earned commission for new business with 30% renewals. And a salary. My personal lines producers get 50% first year and no renewals, but a stronger salary as...
- Tue Oct 16, 2018 11:29 am
- Forum: Opinions
- Topic: College senior interested in insurance career
- Replies: 5
- Views: 28688
Re: College senior interested in insurance career
Hey, college SR! Congrats, and smooth sailing! Here's the first thing... Many carriers have easy to obtain paid and unpaid intern programs. I would suggest you consider that route, at first. Maybe for only 6 months. I got into this business as a life insurance agent right out of college, too. 1979. ...
- Tue Oct 16, 2018 11:10 am
- Forum: Opinions
- Topic: What to expect from a new producer
- Replies: 4
- Views: 28520
Re: What to expect from a new producer
Sorry this is a bit later than normal... I've been away from the forum a while. When I started in this business it was with Met Life. They sent me to a two week intensive training program, followed by encouraging me to enroll in formal LUTC (industry) courses. Formal training made all the difference...
- Tue Oct 16, 2018 11:01 am
- Forum: Hard-to-Place Accounts
- Topic: Hunting guide service
- Replies: 2
- Views: 104684
Hunting guide service
Hi. I have a new prospect in North Idaho that is a professional outdoor hunting / fishing guide. He works year-around and earns a nice income. Does anyone have markets for this type of risk? CGL & Equipment is needed for this particular one. Thanks.
- Fri Jul 28, 2017 9:49 am
- Forum: Opinions
- Topic: Selling life insurance with no experience
- Replies: 15
- Views: 253958
Re: Selling life insurance with no experience
Would be interesting to see where dev1nsan is today... How has the addition of Life products affected your career?
- Tue May 07, 2013 5:14 pm
- Forum: Opinions
- Topic: Fire fighting crew
- Replies: 0
- Views: 13478
Fire fighting crew
Hi everybody. I posted this on the Hard-to-find site as well... I have a prospective client that has two fire trucks and contracts to do fire fighting (wildfires). The business and most all the work are in central Washington state. Does anyone know of a company that can do the GL and property for th...
- Tue May 07, 2013 5:04 pm
- Forum: Hard-to-Place Accounts
- Topic: firefighting crew
- Replies: 1
- Views: 7748
firefighting crew
I have a new client (prospect) that owns two wildfire fire trucks, each with a trained crew of five firefighters. They contract out for fire supression services, primarily in Eastern and Central Washington State. Does anyone know of a company, perhaps with a niche program that will insure the liabil...
- Mon Nov 12, 2012 10:47 am
- Forum: Hard-to-Place Accounts
- Topic: Premium Financing for life and D.I.
- Replies: 1
- Views: 7855
Re: Premium Financing for life and D.I.
I'm getting some looks, but no nibbles! I market in the Northwest.. CA, OR, WA, ID, MT & have some clients in AK that must come to me. Annual Premiums range from a low of $4000 to a high of $16000 with $6000 being the average. Lloyd's of London underwrites it, CRUMP is the SLBroker (Currently), ...
- Mon Nov 05, 2012 4:00 pm
- Forum: Opinions
- Topic: Creating a business plan
- Replies: 2
- Views: 9373
Re: Creating a business plan
A business plan is just a starting point. You mention wanting to have "measured growth". I was at the same point, almost exactly as you, 5 years ago... I suggest you contact Michael Jans at Insurance Profit Systems / Agency Revolution in Bend, Oregon for a candid discussion if their style ...
- Wed Oct 31, 2012 4:50 pm
- Forum: Opinions
- Topic: Buying IA - Current Multiplier?
- Replies: 6
- Views: 12424
Re: Buying IA - Current Multiplier?
There are so many variables! Agency Equity is right... hire a skilled professional that knows how to value the independent agency. Whenever I hear of an agency for sale I'll do my own EBITA computation... I basically look at the income, take away the actual hard costs including a salary for the agen...