What to Ask Before Joining an Agency Group
Premium Aggregation
How is contingency revenue shared?
How is contingency/profit sharing managed to protect individual agents?
Will the network, cluster or aggregator provide you with a personalized aggregation model using your agency’s data?
Are overrides or “special deals” shared with participating agencies?
Markets, Commissions & Fees
Which carriers work with the agency network, cluster, aggregator or group?
How do participating agencies access available markets? Directly? Through another participating agency or placement facility?
How do the commission splits work? Are there various levels? Can you receive 100 percent commission?
What are the production requirements for participating agencies?
How does the agency network, cluster, aggregator or group manage overall production requirements of participating carriers?
What are the fees? How are they applied?
Support & Services
Beyond premium aggregation and carrier access, what additional services and support do the network, cluster, aggregator or group provide to participating agencies?
Separating from a Group
How difficult is it to leave the agency network, cluster, aggregator or group after you join?
Are there penalties or additional fees?