CAREERS/Partner Relationships
We're always looking for new associates and partner relationships for our firm. Advantage Insurance & Financial Services, Inc. (AIFSI) is the best place for you either grow, or protect your business. We specialize in employee benefits plans, individual insurance plans and financial planning for both individuals and businesses. Put the credentialed, experienced professionals at AIFSI to work for you in these areas. For example, whether you are:
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simply looking to diversify your P&C business,
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retire from the insurance business, while still maintaining an excellent stream of income from your accounts,
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associate with an agency that can service your business, while allowing you to take periodic time off,
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gain a partner to assume your business, but protect your family's interests in the event of a disability, or death,
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a licensed agent looking for a referral source to build your income, while doing no servicing work --
WE ARE YOUR ANSWER!!
We can custom tailor a partnership that will accomodate any level of involvement you wish, while maximizing and guaranteeing your income stream. NO ONE. I repeat, NO ONE will treat you more ethically, fairly, honestly, or with more compensation than we provide. Here are some examples of situations where we have been able to develop partnerships to the benefit of all parties:
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DIVERSIFICATION & GROWTH OF BUSINESS - An agent who specialized in financial planning for primarily wealthy, business owner clients was looking for a place to refer employee benefit plans provided to their company employees. This agent was willing to assume some limited servicing responsibilities, so we worked out a compensation split of 50%/50% on all commissions on existing plans. Additionally, AIFSI will provide this agent 25% of commissions on any supplemental coverages sold to these referred accounts.
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DIVERSIFICATION WITH ADDITIONAL PRODUCT OFFERINGS - An agent with a small P&C agency wanted to diversify their business by providing group and individual products to their clients. AIFSI developed a plan whereby this agent will receive 40% of any 1st year commissions and 25% of any renewal commissions for business referred, while AIFSI does ALL the servicing of the accounts.
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INCOME PROTECTION IN EVENT OF DISABILITY, OR DEATH - A sole practitioner, employee benefits/individual plans producer was concerned about losing all their business in the event of a disability (they could not qualify for, nor afford adequate disability coverage), or death. This is very typical of many agents in this market, today. AIFSI was able to implement a plan, whereby we would assume servicing responsibility for this agent's accounts only upon their disability, or death. Should a disability occur, we would pay the agent commissions received on their business of 60% (1st yr), 50% (2nd yr) and 40% for the next 3 years. What a great way to protect yourself and your family.
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RETIREMENT, OR MORE TIME OFF - An agent wanted to take more time off and perhaps retire, but the servicing requirements of her business prevented it. She could hire an employee, but the associated costs made this untenable. AIFSI's solution was to develop a partnership where AIFSI received 10% of commissions on existing business to assume periodic servicing while the other agent was off. Should this agent retire the commissions would be split 50%/50% for 3 years. Compare this to a typical buy-out of your business and you'll find it a much better arrangement.
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SUPPLEMENTAL INCOME - An agent from New York retired to Florida and needed some supplemental income. After getting licensed in Florida, AIFSI set-up this agent on a referral only basis (they did NO servicing) and paid them 30% of commissions on all business written from their referrals. An excellent income for just making a few phone calls!!
Additionally, you can rest assured with any of the above arrangements, you will only have professional, credentialed, experienced and committed agents working with you. Partnership arrangements mentioned above are typical of how we do business. However, each arrangement is unique and final commission splits are based on many factors, including, but not limited to type of in-force contracts, anticipated service levels, stability of accounts, experience of the agent, anticipation of future business, willingness of agent to share servicing responsibilities, etc.
Feel free to contact us at AIFSI and discuss your situation and how we can mutually develop an association to meet your needs.