Is DeForest Group a wholesaler?
No, we are an aggregation model with member agents.
Do I own my own business?
Yes, you will maintain ownership of your own business.
Do you work with startups?
Yes, we work with agencies of all sizes including startups.
What commission is earned in the Partner Program and how is it split?
When sub coded you can earn 100% commission directly from the carrier. Otherwise it is 60% to the agent, 40% to DeForest Group.
If you are paying me 100% of the commission when sub coded, how do you make your money?
We make our money on profit sharing and overrides.
How do you calculate profit sharing?
Profit sharing is calculated based on your percentage of our total book.
What portion of the profit sharing do I receive?
We pay 50% on profit sharing unless you are at the company threshold for profit sharing, then you would receive 75%. Our 75% is greater than a typical agent’s 100% due to our volume.
How can I get sub coded?
Reach the written premium threshold determined by our carriers.
What are the premium requirements for sub codes?
Each company is different and the number changes. The range is typically between 25k-100k in written premium.
Do I have access to all of your carriers right away?
Yes, you have access to all carriers who are available in your area from day one.
I already have access with a carrier. How will joining the Partner Program affect that?
You can maintain your current carrier relationships as they are. If you choose, you can link your codes under our master code for additional benefits.
How do I submit business to you?
You may send submissions in via mail, fax, email or through our website.
How is Personal Lines business placed?
You are assigned a Personal Lines Placer who will assist you in placing your business for your non-coded business. You can place your business directly with your coded carriers.
Can I quote your PL carriers on my comparative rater?
If you are a PL Rater/Vertafore user, you can access all of our PL carriers through the MGA program at no cost to you.
How is Commercial Lines business placed?
You are assigned a Placer who will assist you in placing your Commercial Lines business.
Who handles service of my customers?
You handle service of your customers. Business that is coded can be serviced by you in your office, otherwise you would contact your DG CSR for you service needs.
Can I leave the Program when I wish?
Yes, we only require 90 days written notice to leave the Partner Program.
Is there a fee to terminate my contract?
There is NO fee to leave the Partner Program.
A positive response time and impeccable personalities make the program work!– Doug Hutchings, Middletown, NY