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Pitfalls to Avoid in Running a Captive Premium Finance Company

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You've made the decision to form a captive premium finance company. You've also chosen to run your operation either by outsourcing to a third-party vendor or using software to run the operation in house. Chances are that your lending arrangement and state licensing are also in place. You're now ready to get started and you want to book your first loan. Before you open your doors for business, take a moment to consider some important factors in this new frontier of insurance premium financing.

Producer Contract Employment Agreement

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Sample employment agreement between an agency and producer.

Sample: Agency Business Plan

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SAMPLE AGENCY BUSINESS PLAN

Insurance companies that embrace compliance automation position themselves for long-term success. While regulatory requirements will continue to evolve, businesses equipped with modern compliance tools can adapt quickly and efficiently. The investment in insurance compliance management software delivers returns through reduced operational risks, improved audit readiness, and enhanced regulatory relationships.

Test Your Selling Skills

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In this document, Jack Fries excerpts questions from the Sales Success Profile, a sales skill test developed by Lousig-Nont and Associates (Las Vegas). The Sales Success Profile is the only sales test on the market based on assessing actual selling skills, not personality.

The Best Marketing Practices and Tools for Insurance Businesses

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When it comes to marketing, the insurance industry can face a lot of challenges. The landscape of the insurance business has undergone several changes in the past couple of decades. These changes are mostly due to the rise in internet startups selling insurance.