Smart Choice®, a leading network of independent insurance agents, today announced that Inc. Magazine has identified them as one of America’s fastest growing private companies. The Inc. 5000 List inclusion is driven by continued business growth propelled by its agent-friendly contract, favorable commission structure, and a highly experienced field sales team.
Independent agents recognize the value of partnering with a network founded by an independent agent -- that offers what is considered as the most agent-friendly agreement available. Agents maintain 100 percent ownership of their business. The terms of the agreement are one year, whereas other networks require multi-year contracts.
“I spoke with two other networks/aggregators, and their contract was like 3 inches thick,” said Harold Salant, owner of the Harold J. Salant Insurance Agency who joined Smart Choice several years ago. "They were like Hotel California… you could check in, but you can’t check out.”
Smart Choice’s commission structure is also very favorable for agents, and it is explained in detail in this whitepaper: The 8 Questions You Must Ask Before Choosing a Network. With Smart Choice, you can earn more with their commission cap as well as receiving 100% of the commissions as a leadership agent.
Smart Choice local territory managers provide agency partners with training opportunities and local support. “The people that we have in the field are former agency owners themselves, or they’ve come from the carrier side,” said Carol Drake, senior vice president, personal lines. “They really understand products, sales, and all the different things that are going to help agents be successful.”