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Welcome to RGIB’s Authorised Representative Centre |
Thinking
of Becoming an RGIB Authorised Representative?
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Charles Pratten
Principal Partner
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Essentially, an
authorised representative is self-employed so, you’ll be responsible
for sourcing new customers, and developing a relationship with them
throughout the insurance application process, and beyond.
Insurance, especially business insurance for retail shops, salons and restaurants through to farms and factories is almost compulsory so, the opportunities for a skilled and dedicated authorised representative to utilize their own local knowledge and presence will go a long way to helping win business.
You will need to understand the insurance requirements of your customers, and provide them with a solution to suit their needs. You will prepare and package applications for submission, while providing exceptional customer care and support.
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In most cases, once you get a client they will stay a client year after year, provided your level of services and products remain at least consistent, and that means you reasonably expect a continuing income stream from renewals of your clients ongoing insurance business.
Some Examples Of Potential Authorised Representatives
| Former Mortgage Broker – (regional NSW) serving a township of approximately 20,000 people in wide variety of insurance,
set up shop front and employs 3 sub-agents writing more than $2.0m per annum |
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| Retired Bank Manager - (regional VIC) serving approximately 30 of his previous small business customers, about 10 hours work per month, helps pay for his annual holiday. |
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| Confectionary Salesman - (regional NSW) serving more than 100 small business customers and at the same time introducing his services as an RGIB authorised representative, arranging insurance for more than 50 of them. |
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| Bookkeeper - (Sydney suburbs) serving 12 business weekly, helping to arrange insurance for each client, adds approximately $400 per month to their income for around 3 hours per client per year. |
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