How long has PacWest been in business
PacWest Alliance Insurances Services, Inc. incorporated in 2004.
Why should I join PacWest
There are several good reasons. These include strength in numbers, enhanced profit-sharing agreements, and better access to markets.
Does PacWest have ownership in its member agencies
No, each member is 100% independent and manages their agency.
Do I have to split commissions with PacWest
No, Each Member keeps 100% of their commissions.
What major insurance carriers does PacWest represent
Most major carriers in California.
Do we get to keep our underwriters and marketing persons?
PacWest Alliance may have one underwriter for all agencies. However, in different territories, an agency may have another underwriter for that territory. It is ultimately up to the appointed insurance carrier to make this determination.
Can I keep my own company appointments and/or existing bonus agreements with those companies?
Yes, unless those companies have a binding agreement under PacWest Alliance.
PacWest must approve the request for maintaining a separate appointment. Examples of this might be a carrier with a specialized program, such as Allied Insurance Group’s AIDCO contract.
Will my agency be appointed to all of the cluster’s insurance carriers?
Not necessarily. As a general rule, the production requirement is relaxed as compared with obtaining a normal individual appointment. With some carriers, where production is not large enough to qualify for the sub-code appointment, a carrier will allow a member to write business under the PacWest master code. We work to get the best fit for your agency.
What types of agencies are eligible for membership in PacWest?
PacWest is looking for a select number of quality agencies that are generally at a minimum of $5 million in premium volume. We are looking for agencies whose book of business is historically profitable and whose appointments complement those of PacWest. The type of agency PacWest desires is a forward-thinking agency that knows that even medium to large agencies are not immune to being susceptible to the challenges of survival that may not exist today.
How do I join PacWest?
Contact:
Ted Datanagan
Business Development Manager
559-513-6525 (text/voice).
ted@pacwestalliance.com
