Competition for brokers is intense and having an attractive compensation program is vital for carriers to continue gaining market share in the voluntary/worksite market. Excellence in administration, service and product are also very important carrier competencies, but if a broker is not making enough money, sales are going to suffer.
The 2020 Voluntary Carrier Commissions and Compensation Practices Spotlight™ Report provides the latest information on this important topic. Specifically, the report looks at:
With this data, carriers can examine their current commission and compensation practices as well as emerging future trends to determine if they need to make changes or adjustments to remain competitive.
Voluntary Carrier Commissions and Compensation Practices, a Spotlight™ Report
The report is currently available for $3,500. To purchase, call
Eastbridge Consulting Group, Inc. is a marketing advisory firm serving insurance and financial services organizations in the United States and Canada.