You began your profession within the captive insurance coverage mannequin, studying the ins and outs of the business, and constructing your data of promoting. However now, due to product limitations and firm laws, you end up unable to fully fulfill your purchasers’ needs.
You start to surprise… “What may I obtain if I had extra choices? Ought to I change to the impartial company mannequin?”
It is a very private query, and solely you’ll be able to determine. Nevertheless, there are a selection of the explanation why many captive brokers determine to take action.
For those who’re excited about making the leap, this information explores the professionals and cons of such an endeavor, in addition to sensible steps and success methods that will help you navigate the decision-making course of.