COMMONWEALTH INSURANCE ADVANTAGE

With this problem in mind, we built a new model based on selective broker partnerships combined with a limited number of carrier relationships dedicated to our core market segments. This approach enables us to bring franchise value to our retail agency partners via limited distribution, and develop meaningful relationships with our carriers through more targeted submissions, resulting in higher hit ratios and preferred pricing. Exceling in getting deals done that other wholesalers struggle to close - that's the Commonwealth Insurance Advantage... In 2016, our team recognized that the insurance program space was oversaturated with wholesalers who simply worked with any broker that asked them for a quote, regardless of their expertise or how it might impact one of their other partners. This never-ending cycle of submissions did nothing but frustrate brokers as it allowed their competitors to access the same markets they had, and it frustrated carriers who often found those submissions..