Why Firefly Agent?

1
Covered by SAGE or Firefly agent

• Which one to choose?

2
There are many ways to go independent nowadays
with companies springing up with new and
innovative models to address the needs of the
market. Two such ways are Covered by SAGE and
Firefly insurance agency. 
3
How does Firefly operate?

• Firefly is an insurance agency that operates in a
  hybrid model that somewhat resembles that of a
  aggregator
• They charge an going fee of 395 per month
• Their market is slightly limited with only 12 PC
  carriers appointed in Georgia
• They allow their agents to only sell personal
  lines and seek appointments with only the
  carriers listed in their portfolio

4
How do their agents make money?

• Firefly provides their agents with carrier
  appointments and not much else
• Everything else needs to be managed by the
  agents themselves
• Agents earn on a commission split basis
• They keep up to 80 of the commission when they
  write a new policy

5
How does Covered by SAGE operate?

• Covered by SAGE is an insurance brokerage
  platform and not an aggregator or a franchise
• Covered by SAGE charges an on boarding fee of
  2500 
• 100/month for access to their carriers,
  technology and in-house licensed service center
• They have appointed over 35 PC carriers and 40
  life carriers.

6
How do their agents make money?

• SAGE allows its agents to sell commercial
  insurance lines of business such as life and
  health policies
• Allowing agents to cross sell all insurance lines
  of business
• The agents receive up to 95 of the commission on
  writing new policies
• 50 on renewals on personal lines

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