The Woodlands Financial Group (TWFG) is currently offering a new branch agent programme for potential branch owners.
Gordy Bunch, TWFG president and CEO said he believed that captive agents are not realizing the full rewards and benefits for their work as the ‘backbones’ of the insurance industry. "Captive agents endure lower commissions, lack of product choices, higher quotas, and non-competitive pricing."
The Texas-based financial services firm has 285 branch offices in 16 states and several thousand agents already onboard with TWFG, selling in 49 states.
Managing General Agent and Referral programmes are also being offered. The general agent gets a full appointment for personal lines insurance carriers and receives a 70/30 commission split on all business.