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If you're an independent insurance agent, use these tips to grow your own agency and build your book of business. <br>https://agencyheight.com/captive-vs-independent-agents/
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Introduction • The insurance industry is a vast sector to build a career. • One of the perks of working in insurance is that it can withstand recessions. • Compared to working in other financial areas, working in insurance can be flexible. • Independent agents aren’t constraint by one carrier like captive agents. • You can start your insurance agency and grow your book of business.
1. Take a course • Without a license, you cannot work as an insurance agent without an insurance license or start your agency. • So you will need to get your license from the National Association of Insurance Commissioners. • If you are a beginner you will need to take a course to pass the insurance license exam. • The course will help you to learn about insurance in depth too.
2. Do your research • Becoming a successful insurance agent requires you to have outstanding sales and management skills. • To start your insurance agency, you must know the ins and outs of the industry. • To provide customers with insurance and financial advice, cover your bases with research.
3. Create a business plan If you want to start your agency, you need a business plan. A comprehensive business plan can place your organization on the right track. To convey your interest to current and future customers, partners and investors. A strong business strategy will help you think about your insurance agency’s dream and the future.
4. Associate the agency with insurance carriers • Your agency needs to be affiliated with an insurance carrier to sell insurance. • Having a good business plan in place will help you in impressing carriers as well • To gain access to their products and create an affiliation with them.
Conclusion • Take a course • Do your research • Create a business plan • Associate the agency with insurance carriers