Whitepapers

The support of an insurance agency network can be vital to helping independent agents grow their agencies, but some network partnerships can quickly become venomous. Beware of contracts that undermine your long-term success, cut into your profits and restrict your autonomy.

As markets continue to harden, a previously small slice of the property and casualty sphere has made headlines as a busy – and growing – insurance sector. Excess and surplus line premiums topped $31 billion during the first six months of 2022. Most experts predict continued growth well into 2023.

Increasing numbers of new agency owners, existing independents, and former captive agents are looking to join agency networks to compete in a tough insurance market. But how do you choose the right agency network partner?

Learn from Independent Agents about the critical need to anticipate and pivot when change demands it. 

We present six points to consider when examining the contract of an agency network, cluster or aggregator group, alongside the approach Smart Choice uses in its agency-friendly contract.

The independent model is appealing and offers many advantages — but there can be downsides. Get instant access to our whitepaper, which provides strategies to help independent agents overcome these hurdles and achieve success.