Membership:
Investment Schedule
There is an initial investment required to join
the Network. In addition, the monthly Membership Fee
your agency pays for group services, including "Direct
Access" with
binding authority to markets, is based on your agency's
actual increase in monthly commissions earned over a
prior year's
base. You will have the ability to use additional insurance
markets who did not give you a "Direct Producer Code" using
our "Access Plus" placement facility and receive
a significantly higher percentage of the total commission
than you would under a normal producers agreement.
Our
carriers understand that your agency will be in a
true cooperative venture with BGI Agency Network and
not just another brokerage or cluster group. That is
why they allow "Direct Access" codes to agencies
who could not qualify on their stand alone premium volume.
Our long term relationship will give us a small vested
interest position in the GROWTH ONLY of your agency's
income. This means it is in your and our best interest
for us to do everything possible to help you acquire "Direct
Access" codes and increase your income as much as
possible.
By sharing our National Level Growth and
Profit Sharing Overrides with your agency, the carriers
know we will
work closely with you to write profitable business that "fits" into
their desired underwriting classes. This will allow all
members to maximize income from their growth and capitalize
on their profitable books of business that would be too
small to qualify for a contingency bonus on a stand alone
basis.
Please contact us for
more information on cost of joining the program.
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