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Our experts have the answers you need on every step of your journey to becoming an independent agent. Below are some of our most commonly asked questions.
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As a captive agent, you can lose a lot of business when rates change. Joining SIAA gives you carrier access with the exclusive rates you need to stay competitive.
The main benefit you get is access to a wide range of companies offering the best rates on the market. Other benefits that come with SIAA membership include:
Our service area is Nevada, Arizona, and New Mexico.
SIAA’s members receive special pricing for the following goods and services:
SIAA has different requirements that depend on whether you are an existing agency or wish to start your own agency.
The requirements for SIAA membership vary depending on whether you are an existing agency or wish to establish your own.
Start-Up Agencies:
SIAA classifies any captive agent as a start-up no matter how many years of insurance experience they have. Our current requirements are:
Existing Independent Agencies:
The application process is the same for existing independent agencies. While the size of your agency is not important, your loss ratios will be taken into consideration during the application process.
SIAA’s onboarding process typically includes:
SIAA and our partner companies offer a competitive commission structure with lower premiums that ensure you retain more business.
Profit-sharing is one of the most valuable benefits of joining the SIAA network.
Insurance carriers use a part of their underwriting profits to encourage sales and motivate independent agents to sell their products instead of the competition. While profit-sharing typically has additional requirements that go above and beyond commissions, agencies that meet them essentially get a bonus for the same work.
For example, a carrier may offer a bonus of 1.5% if yearly sales reach $1,500,000 and the loss ratio is greater than 50%. This calculates to an extra $22,500 on top of existing paid commissions.
Most agents do not reach over a million in sales per year. That’s why it’s so advantageous to belong to SIAA — we work TOGETHER to achieve the requirements and share the profits.
Use our income calculator to compare what you could be making with SIAA!
Yes! SIAA works with partner companies to offer competitive premiums that give you the power to gain new clients and retain more business.
Joining SIAA immediately increases your agency value in the following ways:
Southwest Insurance Agents Alliance opens doors, and we open them wide with exclusive carrier access. While most carriers aren’t accepting new agents, SIAA has the size and membership to give you access. Strength in numbers counts!
Southwest Insurance Agents Alliance works with over 30 top national and regional carriers for personal and commercial lines such as:
Absolutely. We have weekly training sessions and on-demand support when you need help with any aspect of your business. Our experts can set up specific programs that train you to enter new types of business according to your goals.
SIAA offers a wide range of training covering all aspects of the independent insurance business. Some of our programs include:
Business Insurance Advantage
Step-by-step programs designed to efficiently build "main street" commercial lines books of business, and training to develop community-based relationships that grow your agency.
Agency Best Practices
Training and coaching on best practices from experts with decades of successful insurance sales experience.
AccessPlus
SIAA’s mentorship program gives you access to a coach during your first 90 days to learn about rating tools, underwriting guidelines, and writing new business.
Training & Learning Center
SIAA’s exclusive on-demand continuing education and insurance product training is available to member agency owners and employees from any location that offers an internet connection.
Yes! Our on-demand continuing education programs are available 24/7 from any location with an internet connection.
Absolutely. SIAA will match you with an agency growth coach to kickstart your agency. Options include in-person meetings, webinars, and video calls.
Southwest Insurance Agents Alliance was formed in 2000.
SIAA was started to connect local agents in Arizona, New Mexico, and Nevada to increase their independence with the support of a strong local and national organization. Our mission is to empower our members to take advantage of opportunities offered to a privileged few.
SIAA is committed to growing the independent agency system and helping independent agents realize their dreams. Our team of experienced professionals is dedicated to helping members grow profitably and achieve their goals.
SIAA is committed to building strong communities through our charity work with the following organizations:
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