Health Insurance Brokers Are Opening Their Own Small Business
Ditch Your Job To Own A Compass Insurance Branch
Client-focused small business opportunity with high revenue potential.
Not a franchise, no expensive franchise fees. Reliable revenue streams.
Why Open a Compass Branch?
Make More Money. Focus on Your Clients.
These days, due mainly to the Affordable Care Act (ACA), there’s not a lot of high revenue potential for health insurance brokers who aren’t part of large corporations. On top of this, health insurance enrollment is seasonal. There aren’t a lot of year-round opportunities.
What’s great about being a health insurance broker is that you work for your clients, not for an insurance company. What’s great about starting a Compass branch is that you work for your clients to provide auto, property, and business insurance that best fits their needs. The revenue opportunities are year-round. You get to build a small business you own, with the flexibility also to build a work/life balance that’s great for you and your family.
Compass Helps Health Insurance Brokers Build Their Business
A Compass branch is not a franchise. But you get support from Compass to develop your small business without all the pain points and restrictions of a franchise. This is a great way to gain additional revenue for a business you’ve already built.
As a health insurance broker, you offer clients your expertise to guide them through the insurance buying process. The skills set of a Compass branch owner is much the same: to help your clients get the auto and property insurance that best fits their needs and their budget. Learn more about how Compass helps you build a successful branch business.
No Experience Required
No Costly Franchise Fees
Easy To Scale Your Business
Marketing & Sales Support
Home Office Services Policies
As a Compass Insurance branch owner, you continue to be your own boss and help people better protect themselves and their families.
Provide the best product for your clients with multi-carrier options and insurance quotes. Compass has over 20 insurance carriers to choose from in 20+ states for home and auto (see the blue states on the map below). Focus on your clients while Compass helps you grow your business day in and day out.
Insurance branch opportunities are the blue states on map: Washington, Oregon, Wyoming, Colorado, Arizona, Texas, Minnesota, Wisconsin, Illinois, Michigan, Indiana, Ohio, Pennsylvania, Virginia, Tennessee, Alabama, Georgia, Maryland, New Hampshire, and Maine.
Property and Casualty Insurance… A Growth Market.
Because of the carrier relationships secured by Compass Insurance, you already have a solid business foundation to offer clients. With multiple home and auto carriers to provide options to your clients, your Compass branch becomes that much more marketable.
When you are ready to add employees, Compass provides a proven model to recruit, interview, and on-board candidates. We help minimize the time-consuming process of finding and installing qualified sales candidates.
And once you’ve found qualified salespeople, we help you train them to be top performers. Use the same training to make yourself an even better performer!
The Compass Insurance online resource portal provides live and learner-led training for new and existing producers. Topics include sales tactics, underwriting, carrier website navigation, and product knowledge. The portal also incorporates ongoing training for seasoned professionals to sharpen their skills.
Focused on Your Success
Compass Insurance Agency branch owners see more success than typical small business owners or franchise operators with less capital investment.
We provide support for everything from marketing to agent recruiting. You’ll never be alone when you become a Compass Agency.
Scale Your Business
With our systems, your ability to grow is endless. We want to help you succeed.
Low Startup Costs
Low startup costs mean more money stays in your pocket. You won’t need to mortgage your life away to get started and you’ll earn profits much faster than with a franchise opportunity.
Be Proud of What You Sell
Don’t sell the policies you’re forced to peddle. Sell policies that fit customers’ needs and budgets. You’ll never feel like a used car salesperson with Compass.
Equity In Your Business
Invest in your future and earn equity in a business you build.
Remove the ceiling and give yourself unlimited room to grow and unlimited potential to earn.
Earn repeat revenue from policy renewals and watch your profits skyrocket.
No Prior Auto or Property Insurance Required
Selling home and auto insurance is nothing like figuring out the ins and outs of various healthcare plans; it’s actually so much easier!
Compass provides a business opportunity without a steep learning curve. You get everything you need to start a Compass branch. You just need to get started.
Get repeat customers, not just one-time deals like you do as a health insurance broker! From home insurance to auto insurance, there are a range of opportunities to sell a range of products and grow your business how you want.