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Why It’s Never Too Late to Make a Change in Your Career

For insurance producers with an entrepreneurial spirit, a traditional corporate agency may seem limiting. The lack of equity interest in their book, decision-making power, and stock options as well as...

Topics: future planning profession compensation producer/broker

Changing Tides: A Trend to Limit the Power of Noncompetes

Last year changed the tide on noncompete agreements in the United States. Many states, including California, Connecticut, Illinois, New York, Rhode Island, and Utah have enacted laws or encountered le...

Topics: future planning profession compensation producer/broker

How to Handle Confidentiality and Nondisclosure Agreements

Did you know you could earn almost $100,000 more a year with a different compensation model? Without the fear of losing your book of business and starting from scratch, the transition would be an easy...

Topics: future planning profession compensation producer/broker

How to Overcome Financial Insecurity When Transitioning to a New Agency

You may have discovered new career possibilities at an entrepreneurial or lifestyle agency. However, leaving your current agency, losing your book of business, and starting from scratch can be too ner...

Topics: future planning profession compensation producer/broker

The Fight For and Against Noncompetes: Evaluating  Aon v. Heffernan

The hot debate for and against noncompetes continues in the United States. Currently, a battle between two insurance brokerages, California-based Alliant Insurance Services Inc. and U.K.-based Aon plc...

Topics: future planning profession compensation legal producer/broker

Do You Have the Financial Freedom for Success?

Most corporate agencies are similar in their compensation model development. They typically feature higher commissions for new business compared to renewals with limited stock and equity ownership opt...

Topics: future planning profession compensation producer/broker
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