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6 Ways FMOs Benefit the Insurance Agent

1.) FMOs don’t cost anything for the agent

Did you know most FMOs do not charge agents fees for services? FMOs receive payment from the major insurance carriers. That means you, as an agent, get all the benefits of working with an FMO, and it doesn’t cost you anything.

(On that note, if a medicare insurance FMO charges a fee, other than for leads, make sure you are working with a reputable company.)

2.) Quoting Services

Many FMOs, including NCC, offer you access to a quote engine approved by the Centers for Medicare and Medicaid Services. This means you can quickly find rates and give your clients the best-fit plan for their budget.

3.) Expedited Contracting

Most FMOs offer contracting assistance. At NCC, we are able to get you contracted quickly through our online contracting system. Contracting processes with NCC are typically seamless for our agents, with writing numbers issued within 48 hours, depending on the carrier. That means you, as the agent, have more time on your hands to grow your business.

4.) Product Updates

By working with an FMO, you can ensure you have up-to-date product information and the latest news in the insurance business. With our website, you have the ability to get all your carrier updates and even forms in one location. (No one likes having to remember multiple passwords!)

5.) Certification Assistance

FMOs help ensure you know how to get certified and when to renew your certifications. At NCC, we like to keep our agents informed, so they never miss an opportunity.

6.) Support Staff

We can’t speak for all FMOs, but at NCC, we ensure that a live person will be available during business hours to take your calls. Whether you are in your office or out with a client, we’re here to answer any questions or concerns.

If you want to learn more about the carriers we work with, click here

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