AVON, Conn.--(BUSINESS WIRE)--Having a competitive broker compensation program is essential in a constantly evolving voluntary market. High quality products, service, administration and carrier ratings are also important, but if a carrier cannot compensate producers/brokers enough to sell their products, then these points are moot.
The 2017 Voluntary Carrier Commission and Compensation Practices Spotlight™ Report provides the latest updates on this important topic. Specifically, the report looks at:
- Commissions (e.g.: high/low levels, schedules by product, takeover commissions)
- Vesting requirements
- Advance practices
- Bonus and other compensation paid
- Payment procedures and reporting
- Compensation changes and future trends
With this data, carriers can determine key trends in compensation as well as examine their own commission practices to determine if changes or adjustments are needed to remain competitive.
The report is currently available for purchase for $3,500. For more information or to order, call today at (860) 676-9633 or email Eastbridge at email@example.com.
Eastbridge Consulting Group, Inc. is a marketing advisory firm serving insurance and financial services organizations in the United States and Canada.