In the many years since I entered the business, the lines between agents and brokers has become blurred. By definition, AGENTS work for the companies they represent. BROKERS work for the client. You can’t, or shouldn’t, have it both ways. Agents are entitled to be rewarded by the party thet represent- the COMPANY. Brokers work for the CLIENT. Hence, they get rewarded by the CLIENT. Leave the agents alone. They have operated legally this way since the earth cooled. Brokers get over it. You can’t have it both ways…any longer!
Maybe Realist needs a lesson in basics &/or returning to basics. How about the contracts with the carriers? Doesn’t that define which capacity you are operating in? Should not be hard to define so that you don’t have it both ways! As for sand, it’s not where your head is at.
Can’t produce, can’t underwrite, and can’t figure out how little agents have to do with profitability when they are trying to earn a commissions in alternating hard and soft markets. We all know the contingents are gravy that no one counts on. Competitition forces any retailer to sell, sell, sell, and reputation forces the smart ones to be straight with the carriers. It is time for the carriers to just pay appropriately upfront and quit pretending that agents and brokers can impact results to any degree when they switch between dropping their pants, and gouging in the marketplace. They hold the keys to credbility, and fail miserably all the time. Get real.
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In the many years since I entered the business, the lines between agents and brokers has become blurred. By definition, AGENTS work for the companies they represent. BROKERS work for the client. You can’t, or shouldn’t, have it both ways. Agents are entitled to be rewarded by the party thet represent- the COMPANY. Brokers work for the CLIENT. Hence, they get rewarded by the CLIENT. Leave the agents alone. They have operated legally this way since the earth cooled. Brokers get over it. You can’t have it both ways…any longer!
Blah, blah, blah.
Semantics.
Look that up, Old Guy.
Then look up ambiguity.
It is “both ways”, get your head out of the sand.
Maybe Realist needs a lesson in basics &/or returning to basics. How about the contracts with the carriers? Doesn’t that define which capacity you are operating in? Should not be hard to define so that you don’t have it both ways! As for sand, it’s not where your head is at.
Can’t produce, can’t underwrite, and can’t figure out how little agents have to do with profitability when they are trying to earn a commissions in alternating hard and soft markets. We all know the contingents are gravy that no one counts on. Competitition forces any retailer to sell, sell, sell, and reputation forces the smart ones to be straight with the carriers. It is time for the carriers to just pay appropriately upfront and quit pretending that agents and brokers can impact results to any degree when they switch between dropping their pants, and gouging in the marketplace. They hold the keys to credbility, and fail miserably all the time. Get real.