All you need to know about Brightway Insurance Franchise

1
Independent model ofCovered by SAGE over
the Brightway insurance franchise model
2
Introduction 

• This presentation is intended for insurance
  agents to understand 3
•  main points
• Introduction of Covered by SAGE and
  Brightway insurance franchise model. 
• How the delivery method of Covered by SAGE
  varies from that of Brightway.
• Why is Covered by SAGE the most preferred by the
  agents.

3
Who is Covered by SAGE?

• Covered by Sage is a technology-driven insurance,
  working on a brokerage model. 
• It looks to facilitate the work its agents do with
   proprietary plug-and-play technology.
• It provides consumer-facing technology, modern
  branding and best-in class support and service
  which empowers its agents.

4
Brightway Insurance franchise  

• Brightway is an insurance brokerage which
  operates on a franchise model. 
• It has franchise fees and operational fees, and
  the spilt of the sales commissions from the
  agents.
• Brightway and Covered by SAGE provide similar
  services however, the delivery methods are
  radically different. 

5
Difference in the delivery methods of Covered by
SAGE and Brightway 

• Covered by SAGE provides high-quality remote
  servicing facilities without any strings
  attached.
• Brightway has franchise fees, operational fees,
  and the spilled of the sales commissions from the
  agents.
• Brightway has all the options which eventually
  lead up to owning a retail agency. 
• Such agencies are pricey to maintain but have
  the highest commission split.
• However, the additional costs and fees associated
  with running retail affect the profit of the
  agent.
• Therefore, Covered by SAGE is more appealing. 

6
Covered by SAGE- Most preferred by the agents.

• It provides high-quality remote servicing
  facilities helping agents make the right choices.
• Because it does not charge any additional costs
  to the agents, success is intimately tied to the
  success of the agent. 
• It is shifting the focus away from selling
  insurance to enabling agents to become risk
  advisors.

7
Conclusion

• Covered by SAGE has a modern approach that allows
  them freedom with minimal string attached.
• Fees and other charges attached to the franchise
  model of Brightway will deplete the agents
  revenue. 
• Therefore, the independent model of Covered by
  SAGE is the preferred choice of all the agents.

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