The world of insurance is ever-changing. Every day the market seems to tighten and get more and more competitive, captive writers, direct writers, and independent agency channels are competing for premium like never before. However, one competitive edge still remains with the independent agent, the freedom of choice. Independent agents have the ability to shop several carriers and offer their clients a choice.
With that said, it has become harder and harder for small 1 or 2 man offices to survive. Carriers are expecting more and more volume in order to maintain contracts. Many independent agents are joining forces in aggregator groups or clusters. These groups allow smaller shops to still maintain their autonomy but yet enjoy some of the benefits of larger agencies. These benefits include among others, more carriers to choose from, which can only serve to help that agent be more competitive.
Property Casualty 360 published a great article about this very topic and it can be found at http://www.propertycasualty360.com/2009/04/01/the-aggregator-advantage-join-forces-to-get-throug
Insurance Professionals of Arizona is the perfect platform for any independent agent or captive agent looking to go independent to join. IPA provides all the tools necessary for an agent to be competitive and expand his or her business and client base. To find out more about joining the Insurance Professionals of Arizona network, contact us at 480-981-6338 or visit www.insuranceproaz.com for more information.
As a producer with our agency, you will enjoy excellent commission, E & O coverage, agency management system, agency rating software and training as needed. The future is bright for independent agents that stick together to forge strong partnerships going forward. We look forward to working with you.