phredman Jan 13, 2009 3:21 PM
What has been the average commission split in the industry, for a producer who is sub-contracted for P&C policies . Also, for renewals too. I'm in Nevada.
doubledown Jan 16, 2009 2:09 PM
I don't know about other states, or other agencies, but in my agency in Utah we do a 50/50 commission split. It seems to work well, and we haven't had any problems with it.
kenfontana Jan 20, 2009 5:04 PM
I don't personally recommend "sub-brokering" due to the exposure you create for yourself and recommend you work as the broker with the sub-broker taking on the role as fee based consultant (win-win without the E&O exposure).
dbriseno Mar 20, 2009 1:06 PM
What exposure is created by using a broker to access carriers you do not have?
insurancebroker Apr 21, 2009 6:29 PM
Fee based consultant? How would that work? Does that mean you do not get renewal commissions. This doesn't sound very profitable for the "consultant". Am I wrong?
