Archives: FAQ
Is DeForest Group a wholesaler? 21-Jan-2014
No, we are an aggregation model with member agents.
...Read MoreDo I own my own business?
Yes, you will maintain ownership of your own business.
...Read MoreDo you work with startups?
Yes, we work with agencies of all sizes including startups.
...Read MoreWhat 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.
...Read MoreIf 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.
...Read MoreHow do you calculate profit sharing?
Profit sharing is calculated based on your percentage of our total book.
...Read MoreWhat 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.
...Read MoreHow can I get sub coded?
Reach the written premium threshold determined by our carriers.
...Read MoreWhat 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.
...Read MoreDo 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.
...Read More