Why Brightway Insurance?

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Brightway Insurance vs Covered by Sage

• Major differences between the competitors

2
Introduction of the competitors
3
Brightway Insurance

• Brightway Insurance is an insurance brokerage
  that focuses on personal line of business
• Has 75 carries all over the United States
• Has been in the business for 12 years
• Operates under franchise and non-franchise model

4
Covered by Sage

• Covered by Sage is an insurance brokerage that
  focuses on personal, commercial, health and life
  insurance
• Is a newcomer in the insurance industry but has
  become competitive fast
• Has 35 carries in Georgia solely and plans on
  extending in the coming years
• Operates under brokerage model

5
Finance and fees

• Brightway Insurance charges 90,000 to 180,000
  as starting an investment depending on size and
  state of the franchise.
• Covered by Sage charges 2,500 as initial
  onboarding fee monthly and 250 from the seventh
  month.

6
Commission splits

• Brightway Insurance 85/15 and for renewal, 50/50
  split
• Covered by Sage On personal line
  is upto 95/5, 50/50 split On commercial line
  is 60/40 and and 40/60 renewal

7
Services and buy-outs

• Servicing assistanceBrightway Insurance
  YesCovered by Sage No
• Buy-outsBrightway Insurance Available with
  conditions and restrictionsCovered by Sage Has
  a multiple book of value

8
Conclusion What agents should consider

• Agents should focus on their earning
• Agents should focus on additional fees
• Agents should focus on the commission splits
• More line of business more opportunity for
  agents

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