Group items matching

in title, tags, annotations or url

The owner of every agency sooner or later must address some difficult questions related to perpetuation. For example, the owner must ask:

Higher commissions, better profit sharing and the ability to stay up-to-date on insurance trends is what Nancy Nicholson has enjoyed most about her association with the Iroquois Group.

This month, The Iroquois Group and our partner, Burns & Wilcox, focus on the company's products and services dealing with Technology Errors and Omissions. Take a look at the infographic below and click on it (or click here) to see the Burns & Wilcox products page.

Insurance agency owner Joel Guilbert of Arizona says he is pleasantly surprised to learn that the longer he remains with The Iroquois Group network of insurance agencies, the more beneficial his rewards and opportunities are.

Obtaining loss runs for a prospective client can be a time consuming and costly process but, thanks to the recommendation of Iroquois Member Agent Mark Pierce of the Colonial Insurance Agency in Montgomery, AL we now have an efficient and cost-effective solution for you.

Dennis Winfree has been an Iroquois member with two different insurance agencies for almost 20 years.

Berkshire Hathaway GUARD has begun offering Homeowners and Personal Umbrella coverage (click here) in Pennsylvania. Targeted markets include one- to four-family dwellings, renters, and condo unit owners. In addition, the product can accommodate situations where business and personal insurance needs overlap, providing coverage for residences owned by corporations or LLCs; dwellings held for rent (written under a Homeowners policy with an endorsement for rental units); home-sharing services (e.g., Airbnb); and residences where incidental business activities occur.

Travelers wants Iroquois members to be on the forefront of capitalizing on this segment's potential. Select Accounts offers a variety of resources to help members break - or get deeper - into technology opportunities. They offer unique solutions to help members market themselves to technology businesses!

Some agencies consistently generate earnings before tax (EBT) margins of 20% or more and other agencies struggle to generate any profit at all. In fact, some agencies lose money year after year and eventually are forced to sell to other agencies.

Here is a tip from an Iroquois member that we thought was worth passing along. FEMA's website has loads of documents for agents regarding NFIP and Flood Insurance, many of which are free.

The Importance of Profit Sharing or Supplemental Compensation

Producer Agreement with Opportunity for Ownership

TOOLS: Employee Compensation Update

A Safeco umbrella policy provides an additional layer of liability protection that can be used with any Safeco policy or a policy from another insurance company, including boat, motorcycle, all-terrain vehicle and snowmobile. It kicks in when the underlying or primary policy doesn't provide sufficient liability protection.

Are you looking for a user-friendly platform to quote multiple small commercial products? If so, Dovetail is your solution. Dovetail is one stop shopping for: Access to multiple A rated, small commercial products from one online system with no minimum volume requirement for an appointment; BOPs (including markets with coastal appetites), Commercial Auto, and Workers' Compensation; Bindable online quotes; A full commission offering for all lines of coverage paid direct to your agency AND you receive Iroquois PartnerPlan® credit For the full details of Dovetail's offering, please review the Dovetail Factsheet (below) If you are ready to start quoting with Dovetail, please complete the Dovetail submission packet (below).

We are very happy with our relationship with Iroquois. They have compensation levels that fit our needs and enables us to maximize profit sharing levels not available to a smaller agency.

Over the last few years, changes in how consumers acquire new vehicles (leases) along with changes in financing methods (small down payments and longer finance periods) have created a scenario where depreciation on a new vehicle often outpaces the loan obligation.

Nancy Nicholson tells us how the Iroquois Group has helped her agency grow in value.

Owners of classic cars and boats are renowned for the time and passion they put into their hobby. Hagerty, the insurance company that specializes in coverage for such vehicles, shares that passion.