5 min read
Captive vs independent: the real tradeoffs for a producer's first move
Captive and independent models compared for a new producer: what defines each, how compensation structures typically differ, and which gives more carrier access.
How producers are paid: commissions, overrides, bonuses, vesting, and the contract terms that affect them, with no figures quoted.
Captive and independent models compared for a new producer: what defines each, how compensation structures typically differ, and which gives more carrier access.
Plain definitions of commission, override, and bonus, what vesting means for renewals, and the contract terms that decide when and how a producer is paid.