LexisNexis – 10 Steps to Follow

LexisNexis – 10 Steps to Follow

If you’re considering opening an independent insurance agency, LexisNexis is almost guaranteed to be a part of that process. So what is LexisNexis? LexisNexis provides agents information such as MVR and CLUE reports through various carriers’ quoting systems to impact...
Carrier Access through Networks – Mastercode

Carrier Access through Networks – Mastercode

How an agency gains access to carriers through a network will vary from network to network, so we are going to break this particular blog into 3 Parts: Mastercode, Direct/Sub-Code, and Hybrid. The first access point we will discuss is mastercode access. Mastercode...
Exit Clauses – Don’t Get Stuck

Exit Clauses – Don’t Get Stuck

There are many aspects to consider when looking at what network may be the right fit for your agency. One of the most important questions, if not THE most important question you should ask is, “What are the Exit Terms?” Of course, when joining a network, we all hope...