Q. WHAT IS SIAAC?
A. SIAAC is an international Independent Insurance
Brokerage Distribution Network that:
- Writes over $4.6 billion in premium!
- Operates in 48 states and Canada!
- Has over 2,300 Independent Brokerage Members!
Q. WHEN DID THE MASTER BROKERAGE CONCEPT BEGIN?
A. The Master Brokerage concept began with the
development of the Satellite Agency Network Group in New Hampshire
in 1983. The network, known as the SAN Group, was the first SIAAC
Master Brokerage and currently has over 170 Independent Brokerage
Members and writes in excess of $205 million in premiums.
Q. WHEN WAS SIAAC FORMED?
A. In 1995, at the encouragement of a number of
insurance industry executives familiar with the SAN network, SIAAC
began replicating the success of SAN throughout the United States
with entry into Canada in 2002.
Q. HOW DOES THE MASTER BROKERAGE CONCEPT WORK?
A. The Master Brokerage concept is relatively simple.
By joining SIAAC, your existing brokerage becomes a Partnership Brokerage.
This means:
- Your Brokerage and SIAAC combine to create the new Master Brokerage
profit center, with you owning 100%, with complete managerial
responsibility and control.
- Your Brokerage immediately qualifies to participate in SIAAC's
national Preferred Commissions, Profit Sharing Overrides and Growth
Bonus programs.
Q. WHAT ARE THE FINANCIAL BENEFITS OF SIAAC?
A. SIAAC has what we call our "Two I"
focus, both of which are aimed at generating significant Income
to your brokerage:
1. "I" focus is the generation of significant cash
flow profit Income by creating and operating a Master Brokerage profit
center, which builds a regional network of Independent
Brokerages in an Exclusive Territory.
2. "I" focus is the creation of Income
from Preferred Commission and Profit Sharing agreements, and Commission
and Profit Sharing Overrides and Growth Bonuses by aggregating
your premium with SIAAC.
Q. WHAT DOES THE SIAAC BUSINESS PLAN PROJECT WHEN
COMPLETED?
A. Over 1,000+ Member Brokerages, $1.5 billion
in premium and operating in 369 Exclusive Master Brokerage territories.
Q. WHY SHOULD MY BROKERAGE PARTNER WITH SIAAC?
A. There are many proven advantages from membership
as illustrated in the Testimonial section of this website and below:
- Grow your brokerage without having to borrow or use brokerage resources
to purchase brokerages, hire and fund producers or open branch offices!
- Add a high income and equity appreciation profit center!
- Easily establish your profit center by utilizing a complete
and proven TURNKEY system including initial and ongoing training,
marketing support and contracts!
- Develop a regional network of independent brokerages in your exclusive
territory!
- Dramatically increase your brokerage income from accessing national
and regional Preferred Commissions, Profit Sharing Overrides and
Growth Bonuses!
- Replicate the success of SAN Group, the original Master Brokerage
formed in 1983, which generates revenue per employee in excess
of $205,000!
- Enjoy the stability and many benefits inherent to being a part
of the largest independent brokerage partnering network in the insurance
industry!
Q. DOES MY EXISTING BROKERAGE DIRECTLY BENEFIT
FINANCIALLY?
A. YES! SIAAC has two focus points, with proven
results, that will significantly benefit your brokerage financially:
1. Assisting you in building a network of brokerages
in your exclusive territory that will produce strong bottom line
profits and equity growth in the value of your brokerage.
2. Your existing brokerage can immediately add
additional income, depending on your brokerage size, by participating
in SIAAC's Preferred Commissions, Profit Sharing Overrides and Growth
Bonus programs on Personal Lines and Commercial Lines.
Q. WHERE DO MY NETWORK MEMBERS COME FROM?
A. Since 1983, Master Brokerage Network Members have
come from the following sources, a list of which is provided to
your Master Brokerage upon admission, including:
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