Retail Agency Program: A Unique Opportunity For Successful Entrepreneurs
The Retail Agency Program is designed to give seasoned, well-capitalized professionals a turn-key system to quickly build a start-up Farmers Exclusive Agency.
Our unique program is backed locally, with the complete support of our AgencyPoint Operations team. Farmers Agents have access to over 60 products & services, from traditional products like auto and homeowners insurance to business, life insurance and financial services. They receive extensive training developed by the award-winning University of Farmers, and a proven technology platform to help them build a strong, stable book of business. |
In addition, the Retail Agency Program provides special access to an expanded portfolio of benefits including:
Commission match program: Up to $5,000 per month for 36 months
Economic interest: The ability to sell the book of business you build to an external buyer, pass the business on to a family member or receive Contract Value payments from Farmers
Commitment & Support: Financing, training, marketing, lead generation, customer service support, claims administration and business development assistance Branded office environment: Turn key packages to establish a professional Agency with up to $15K in office Support Compensation: Industry-relevant commission structure and a wide array of bonuses, including up to a $50K Early Achiever bonus |
Group benefits: Access to medical, dental, vision, life, AD&D, E&O, deferred compensation, long term disability, business overhead expense & fidelity bonds
Outplacement options: Access to product lines that are ineligible for placement with Farmers
Why Farmers?
Founded in 1928, Farmers® is the country’s third-largest home and auto carrier as well as the top specialty product carrier in the U.S. We have been recognized as the #1 Corporate Training Program by Corporate Exchange USA & Training Magazine. You will have access to the training and support of a business partner with over 80 years of experience! Additionally, we have been named ”The Celent Model Insurer of the Year” as the company that best delivers outstanding results through the implementation of technology to solve insurance business challenges. Farmers is a progressive and forward thinking company!
Our culture reflects our dedication to service in the community. We not only encourage community service at the local level, but Farmers is also a top national sponsor of the ”March for Babies”, March of Dimes event. Each year, the Farmers Family declares one day as ”Be a Hero for Babies Day” SM to raise funds and awareness for the March of Dimes and its mission. |
Our co-founder John C. Tyler once said, ”The measure of our worth is not what we have done for ourselves, but what we have done for others.”At Farmers, our core values include integrity, commitment to community service, and serving our customers by providing exceptional customer service and information about products they may need. Join an industry leader! Farmers - Committed to Excellence, Pride in Customer Service and providing ”The Best Small Business Opportunity in America.”
The ideal candidate
The qualified Retail Agency Program candidate will have at least a high school diploma, although a college degree is preferred. The ideal candidate will also have:
- Previous Insurance Industry or business development experience - a strong background investing in, building and managing a flourishing business venture
- Access to working capital - $50,000 or more; ability and desire to leverage capital assets to establish a business that can provide present income
- and future equity value
- Self-motivation - possesses effective time management skills and relies on themselves to accomplish important goals; able to focus on priorities
- Strong communication skills - communicates personal perspectives, ideas and beliefs while listening and learning from others
- Desire for financial rewards - not afraid to work hard and take risks to achieve financial success; willing to accept responsibility for personal
- success and failure
- Good credit history - no chapter 11 or 13 bankruptcies within the last 12 months. No chapter 7 bankruptcies within the last 3 years
- A favorable criminal record - no Felonies