Consultant eyes agency profit-sharing contracts.

From: National Underwriter Property & Casualty-Risk &Benefits Management | Date: August 19, 1991| Author: Stitt, Richard P. | Copyright information

Consultant Eyes Agency Profit-Sharing Contracts

Do insurance agency principals really understand complex profit-sharing agreements?

Or, do they accept without question the document delivered to them by the company representative?

As a consultant and former company executive, over the years I've discussed profit-sharing agreements with many agents and reviewed many payments (and non-payments, I should add!)

Few agents, I've found, truly und...

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