How else does Iroquois differ from other Networks?
We do not charge an up-front fee. Others charge as much as $20,000 to join. We do not take an equity position in the agencies we serve. We do not restrict our Members from using outside markets and we do not have a right of first refusal on the agent’s new business. Since our contract has fewer restrictions, we attract more agents. Our size is a great competitive advantage.
We love our furry friends!
“Iroquois combines excellent service, access to a wide range of property/casualty carriers, and an empowering working relationship to help independent agents grow in a changing market place. We have found management to have an in-depth understanding of the industry and we appreciate their efforts to keep us current with trends and new carriers. We recommend Iroquois to independent agents who are looking to improve upon what they do best – serving their clients interests.”
– Susan C. Allison, A&A Insurance, Altoona, Pa.
Bonus compensation — whether it be profit sharing, contingencies, supplemental compensation or growth incentives — is of vital importance to independent agencies. The amount of bonus revenue often distinguishes well run, “best practices” agencies from those that barely survive. In fact, industry data suggests that bonus revenue (or the lack thereof) represents a very high percent of the average agency owner’s profits. Identifying and implementing strategies to maximize bonus revenue is therefore of prime importance to agency principals. One such strategy is to form a Market Alliance with Iroquois and one of your existing carriers.
Laurie Branch, president of The Iroquois Group, is defending her dissertation today for Case Western Reserve University. The Iroquois Group community is extremely proud! Congratulations on your hard work and dedication !
July is National Ice Cream Month. What is your favorite flavor?
Because of its size and historic profitability, Iroquois earns “preferred” status with the large majority of its Carrier-Partners. As a result, Iroquois receives above average commission and bonus income, and its members can in most cases earn much higher total compensation through Iroquois than they could with direct carrier contracts.
“When I started with Iroquois 25 years ago, many small and mid-sized agencies needed Iroquois to access carriers they could not get on their own,” said Iroquois Mid-Atlantic President Matt Ward. “Today, market access is much easier, but agencies of all sizes still choose to access carriers through Iroquois because they can make more money doing so.”