I am looking for a book to help me in starting my own insurance agency, any one know of one? - brooke insurance
I was an insurance agent only for a Fortune 100 company for 3 years. I went into the insurance company that one day I want my own agency. I've heard so many nightmare stories places like Brooke and State Farm, which will most Resently about Brooke. I want my own agency, rather than go through another insurance company to open. I know and understand aspects of insurance is the other aspects which I dislike for loans relative to grants, accounts and all sorts of things. I am looking for one (or several) book (s) that will help me understand the issues. Books that I ever found for small businesses of all types of businesses, but not sure. Please, if anyone knows, please do not reply. Please no negative comments, I know the pros and cons of this idea. Thanks
Saturday, January 23, 2010
Brooke Insurance I Am Looking For A Book To Help Me In Starting My Own Insurance Agency, Any One Know Of One?
2 comments:
Since you have 3 years experience in the industry to be deeply rooted in the community. I suggest you go to a local agent who specializes in a product does not intend to sell and get his brain a little. Every state has different angles and in the light of experience with the product, we can not even achieve an economic unit with the DOI licensed. Assuming that you do ...
The real problem, a new agency to deal with several layers of regulatory approval.
1. It is necessary to create an LLC or Corp in the state. (Tip S-Corp)
2. You need to know the Department of Insurance approval.
(This can be a pain in the neck,) depending on the state
3. Registration with the NASD. (If you plan a product or variable, and all yours for the security in context)
4. Get a bonus of goods and / or surplus.
There are many resources to firms but may rather increase straight through or other legal action. The real problem isDepartment of Insurance for approval without reference. I propose that familiar call of the Department of Insurance to form an economic unit. This list should, together with several partners to support his guide through his lens.
No book I know of. You should know if you want an internal organization or an independent. If this does not bother you in captivity, the majority of companies (Farmers, State Farm, etc.), the Agency will support - particularly inexperienced.
However, if you want to be independent, it is better to work than any other independent producer in your area. This will do two things: 1 It is you on the nuts and bolts of the ball, as an agency, and 2 Can be obtained from Buncha market, where the representatives of the marketing contact. In particular, you will need a second to get an appointment - the most difficult as an independent broker.
Post a Comment