Product/Service

PEO Program for Insurance Agencies, Brokers

Source: Applied Management Systems

PEO Program for Insurance Agencies, Brokers
This company's professional employer organization (PEO) product for insurance agencies, insurance agents, and brokers is designed to reduce agency costs and improve agency income
This company's professional employer organization (PEO) product for insurance agencies, insurance agents, and brokers is designed to reduce agency costs and improve agency income.

The company states that, because they handle the day-to-day maintenance of an agency's client, the costs of servicing small and mid-sized accounts are significantly reduced. The company also offers a patented Internet-based certificate program to reduce certificate time and costs and a continual, open-ended agreement with an agency's clients, eliminating renewals. They also provide an agency's producers with marketing materials, access to their Website for presentations, and field sales support when needed.

The company pays 10% commission of the premium on each account. In addition, all client fees are fully earned on each week's invoice with the program, according to the firm, eliminating premium refunds, commission refunds, or charge-backs.

Applied Management Systems, 1 Le Havre Place, Half Moon Bay, CA 94019. Tel: 650-726-1980. Fax: 650-726-7195.