Prospect my old P&C book in the Chicago area?
I had a captive agency in Chicago with one of the major P&C insurance companies. I left to start an independent firm about one year ago and the non-compete is just coming up! The book with the captive is 2.4 million in P&C premium, 60% personal lines and 40% commercial. The book also has a lot of life policies that could be replaced to save the client money (the captive was not competitive).
We now write with all the major independent P&C, L&H companies!
I am looking for an individual that will focus on prospecting and writing all the existing relationships (still not easy work).
The compensation will be 70% of the new business commissions and 70% of the renewal commissions. I will cover the E&O for the first 6 months.
Would anyone experienced be interested in speaking further?