Insurance Producer Validation Schedule
To try the producer validation program call us at 800 779 2430 and we ll send you a 30 day sample program.
Insurance producer validation schedule. Granum is the father of insurance prospecting and those who have mastered his concepts are consistently top producers. Current realities including the soft market and. Although every agency has its own way to measure validation we suggest that the norm is when a producer s commission income is three times the amount of the draw he or she has been receiving. While i believe every insurance producer should be proactive there are times when you must respond accordingly when a difficult situation is encountered.
Total compensation for any insurance agency is always the largest expense category. John s success as an insurance producer started by following al granum s one card system putting him in the position to rely solely on referrals for the rest of his career. Those are the moments where the insurance producer must step up and lead with confidence. Granum said it best in an interview in 2009 with lifehealthpro.
The main goal of the insurance producer is to acquire new customers and cross sell new policies to existing customers of the agency. The main intention of the. The best way to get someone to. All of our programs are fully refundable so if you order either version and find it less than you expected you can just call us for a refund.
This figure combined with projected renewal commissions will give the producer the compensation level they desire. In some agencies a producer must service the policies that they have written but this work is often completed by a customer service representative csr. The difference between the two tabs is that the first uses the common practice of paying producers on a new and renewal schedule while the second uses the advanced technique of paying producers for base the revenue levels they achieved in the prior year and growth growth commissions generated in the current. Call us to order the standard or platinum versions.
An insurance producer is a licensed salesperson working for an insurance agency. When you lead in times of crisis you earn credibility trust and in many cases a client for life. A question i m constantly asked is. The first two pages tabs of the producer validation and management program the producer validation schedule accomplish that in the format most common in agencies and brokerages.
Demographics are not the only criteria crankshaw and leavitt group an insurance journal top 100 agency use when evaluating producer compensation. The validation schedule applies a producer s historical performance to their production expectation to determine how many sales calls proposals and sales the producer needs to achieve the new business required. For example if he she were getting a 50 000 draw he she would need to be bringing in 150 000. The industry standard historically has been about 36 months.
This is a full version non printable to permit you to try the program for your producers. A recommended insurance producer daily activity schedule. Tweet this start with leads you have the highest chance of closing the highest priority. First call any leads that.
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