The more options you learn about as you figure out how to start your independent insurance agency, the more confused/overwhelmed you may feel:
You may have talked with a person or organization that’s tried to convince you that they’re exactly what you need. You perceive a difference between your goals and their model and you don’t want your agency to be a square peg in a round hole. Neither do we.
We can usually tell if a person would fit Firefly or a competitor best after a short conversation. Here’s what we’ve learned are a few clues that we might not be the best model for you:
You are too new to the insurance industry.
You may have the right plan, personality, and commitment to profitability. But if you don’t have experience with Property and Casualty insurance, you are not a good fit for us.
Our training builds on the knowledge and experience you already have. We’re set up to teach you about carriers and markets, but you need to “speak insurance” before you begin with us.
You have a hard time getting prospects to talk to you about insurance.
If you have difficulty keeping your quoting pipeline full, we are probably not a good fit for you. Our deep line-up of carriers solves your market problem, but it’s up to you to solve the marketing problem.
Some agents think that having a lot of carriers will lead to getting prospects. This is not the case. If you struggle to get prospects now, that problem will persist even with Firefly’s resources, support, and encouragement.
You want to have several locations in multiple states.
This is not a great fit for us. As agents get farther and farther from their insured customers, we are concerned about their field underwriting processes getting diluted or discarded.
To be clear, our agents can write business in other states. We believe that with technology the distance between an agent and their prospect is not a problem. However, the distance between an agent and a producer in another state is problematic. It is harder for the agent to make sure a far away producer is doing things the right way.
You do not welcome Firefly’s support and training.
If you are a type A personality who needs to control every detail of your agency, some of our processes might bother you (especially in commercial insurance because our process is very thorough). The fact is, an aggregator wouldn’t probably be a great fit for you, either. (Every organization has their own processes you need to follow.)
If you want to organize your own book rolls and manage every aspect of carrier relationships, you’d also fall in this category.
So if this describes you, we’d prefer you call an different aggregator rather than work with us! Our model is built for people who are team players and willing to learn.
If you want to learn more about becoming and independent agent with Firefly, check out this article on who we find is a good fit for Firefly.
We’re also here to answer your questions. Don’t be shy, please just ask us what you want to know. We’ll answer!