I am a 1099 employee with a local independent P&C agency in Indiana for the last 7 years.
I pay $300 month in fees for EO, agency management system, and a multi-rater. I currently produce 150k in new business per year and my book is 500k.
I get 70% split for new and renewal business with at an average commission of 15%
I have been curious about going out on my own and joining a cluster or trying to get appointed directly. Given the above numbers, would you all consider joining a cluster, or is it difficult to get appointed directly by companies with the above numbers.
Thank y
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I pay $300 month in fees for EO, agency management system, and a multi-rater. I currently produce 150k in new business per year and my book is 500k.
I get 70% split for new and renewal business with at an average commission of 15%
I have been curious about going out on my own and joining a cluster or trying to get appointed directly. Given the above numbers, would you all consider joining a cluster, or is it difficult to get appointed directly by companies with the above numbers.
Thank y
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