“making property & casualty insurance… simple” wave financial partners, inc. an...

““Making Making Property & Property & Casualty Casualty

Insurance… Insurance… Simple”Simple”

Wave Financial Partners, Inc.an Independent Property & Casualty

Insurance Agency Auto / Home / Commercial

Our Mission:What do 300 million people in America have in common?

They all want to save $ on Auto Insurance and Homeowners

Insurance!

What’s more important than saving money…being properly insured!

Coverage counseling:• Comprehensive coverage• Proper liability limits• No gaps in coverage

Our Value:

Our Goals:Help 1,000,000

families insure their assets with

Property & Casualty Insurance!

Develop 10,000Marketing Directors

What we have to offer YOU:

A Simple and Unique Business Opportunity: Open your own Insurance Agency and tap into a

$500+ billion Industry! Earn commissions and renewals from your own

“book of business” Set your own hours and be your own boss Expand nationally with no limits Must be Properly Licensed

Wave Financial Partners (WFP)A Full-Service Property & Casualty Insurance Agency

Leadership: Over 100 years combined experience

Access: Independent Agency with over 35 top-rated companies

Service: Licensed professionals quote and service all lines of property & casualty insurance for you and your clients.

How does it work?Marketing Director: You meet with prospective clients:

Complete the Preliminary Questionnaire Enter their request into our on-line referral system Attach the current declaration pages

Experienced professionals call your client, gather additional information, quote and bind coverage

Once issued, you receive 25% - 30% - 35% of the first term commissions and renewal commissions for the life of the policy!

Commissions on all cross-sell products

How does it work?5 step Referral Process:

1. Meet with prospective clients

2. Complete the Preliminary Questionnaire

3. Obtain copies of their current Declaration Pages

4. Enter their request into our on-line referral system

5. Follow up on referral progress in WaveTrack

Referral Name MD Name

Referral Address

303-555-1212X

mornings [email protected]

Referral Name 5-5-1965 111-22-3344 11022033

1 ticket 3-15-2013; no accidents

Client has a primary residence and 2 automobiles

Referral Name 7-7-1965 888-44-1122 7704554

8-15-2013X

ABC Insurance CO $9,500

Barry Enterprises, Inc.Barry’s Burger Barn

Barry Bolton 303-555-1212

[email protected] www.burgerbarn.com

1200 Main Street, Denver, CO 80232

same

12-456789 10 15

8 14 $400,000

$600,000 X

3,500 X X

Casual restaurant serving hamburgers; beer & alcohol; delivery service.

User Name

Password

Afternoons 1 pm – 5 pm

303-555-1212

Colorado

1111 Success WayDenver, CO 80237

Last Name

First Name

Pre-populated with your MD Name


303-555-1212Colorado


Last Name

First Name

[email protected]

Client & close friend

X

If checked, will open additional questions

Referral Name

5-5-1965

111-22-3344

Referral Name

7-7-1965

888-44-1122

11022033

7704554

1 ticket 3-15-2013; no accidents

XX

X




Last Name

First Name

[email protected]


X

If checked, will open additional questions

8-15-2013

X

ABC Insurance CO

$9,500

Barry Enterprises, Inc.

Barry’s Burger Barn

www.burgerbarn.com

1200 Main Street, Denver, CO 80232

same

12-456789

10

1514

8

$400,000

$400,000

$600,000X

3,500

XX

Casual restaurant serving hamburgers; beer & alcohol; delivery service.

X




Last Name

First Name

[email protected]


XX

This client is my neighbor. They have 3 auto’s, 1 home, 1 rental, and owns a business.

Save

Once saved, you will be able to attach Documents/Dec Pages and submit for Review.

Click Referral ID to open a saved referral and attach Declaration Pages

Click here to attach a file/declaration pages.

Click “Upload” to add the file.

Check to make sure all files have been added.

Once your referral is complete, click “Submit”

Wave Solution Center

Click Referral ID to open any pending referral.

You can create a new referral by clicking here.

Check the status of all pending referrals.

Once a referral is submitted and accepted, you will see it here

Who’s who in the Industry?

1.State Farm2.AIG3.Allstate4.Liberty Mutual5.Nationwide

$49.3 billion$37.6 billion$27.6 billion$20.2 billion$16.1 billion

Who’s who in the Industry?

1.Travelers2.Progressive3.Hartford4.Safeco5.Metropolitan

$22.1 billion$13.9 billion$11.5 billion$ 5.9 billion$ 3.0 billion

$500,000,000,000+ Industry

1.State Farm2.AIG3.Allstate4.Liberty Mutual5.Nationwide Total: $149 billion

1.Travelers2.Progressive3.Hartford4.Safeco5.Metropolitan

Captive/Direct Independent

What’s the difference? $94 Billion

$49 billion$37 billion$27 billion$20 billion$16 billion

$22 billion$13 billion$11 billion$ 6 billion$ 3 billion

Total: $55 billion

Captive (vs) Independent


There are two basic ways that Insurance Agents do business:

1. As a Captive Agent or

2. Totally Independent

Captive Agent:As a Captive Agent, you are typically contracted with one company.

You build a book of business inside their walls using their proprietary products and administrative resources.

Advantages• Training / Support• Name Recognition

Disadvantages• Limited product offering• Difficult to remain competitive


Independent Agent:As an Independent Agent, you have the ability to be contracted with

multiple carriers and the freedom to own and operate your own agency.

Advantages• Competitive pricing• Long Term client base

Disadvantages• Difficult to obtain top contracts• Expensive Mgt Systems


Wave Financial Partners:As a Wave Partner, you have the best of both! You can be Independent

without being by yourself. Competitive products, world-class service, and the freedom to own and operate your own business.

Advantages• Competitive pricing• Long Term client base

Advantages• Top contracts• Freedom & Independence

Solution:

How do I Get Paid?

25% - 30% - 35%

5% - 6% - 7%

Refer a Client:Refer a Client:

Refer an Agent:Refer an Agent:

New Business & Renewals

……Build a Team of AgentsBuild a Team of Agents

Build a Clientele…Build a Clientele…

New Business & Renewals

Ex: $3,000 premium X 15% = $450 $450 X 25% = $112.50 $450 X 30% = $135.00 $450 X 35% = $157.50

How Do I Get Paid?

$5,000 - $24,999

Referring Clients:Referring Clients:

25%

30%35%

Client Income: Client Income: (highest 12 months)(highest 12 months)

MD Commission:MD Commission:(new business & renewals)(new business & renewals)

$0 - $4,999

$25,000 +

Tier: Tier: (promotion level)(promotion level)

Platinum

Gold

Silver

Client Income is income derived from personal referrals. Once MD is promoted to a new Tier Level, all future new business and renewals will be paid at the new Tier level. Tier levels and qualification subject to change. All entities or

persons must be properly licensed.

How Do I Get Paid?

$25,000 - $49,999

Referring Marketing Directors:Referring Marketing Directors:

5%

6%7%

Total Income: Total Income: (highest 12 months)(highest 12 months)

MD Commission:MD Commission:(new business & renewals)(new business & renewals)

$0 - $24,999

$50,000 +

Tier: Tier: (promotion level)(promotion level)

VP

Executive

Partner

Total Income is income derived from personal referrals & commissions received from direct recruited MDs. Once MD is promoted to a new Tier Level, all future new business and renewals will be paid at the new Tier level. Tier levels

and qualification subject to change. All entities or persons must be properly licensed.

Become a Marketing Director:

• Obtain P&C Licensing

WFP: 50 new families per year (4 per month)

X $3,000 annual premiums = $150,000 premiums

Avg. Gross Commission: 15% = $22,500

SilverSilver: 25% = $5,625

GoldGold: 30% = $6,750

PlatinumPlatinum: 35% = $7,875

Year 1: Income Potential: = $5,625 SilverSilver

Year 2: Income Potential: = $13,500 GoldGold

Year 3: Income Potential: = $20,250 GoldGold

Year 4: Income Potential: = $29,250 PlatinumPlatinum


*The earnings projections shown above are based upon new business from 50 clients per year paying an average of $3,000 in premiums and a 100% retention rate. Actual earnings will be lower based on actual retention rates. The above figures should not be considered as guarantees or projections of actual earnings. Promotion Tier Levels subject to change.

What about Me?

Mary: Financial Professional

Experience: 12 years

Current Income: $100,000

Offering: Life Insurance, Estate Planning,

Investments and Annuities

Client Base: 500 families

Become a Marketing Director:

• Obtain P&C Licensing

WFP: 200 new families per year (16/17 per month)

X $3,000 annual premiums = $600,000 premiums


SilverSilver: 25% = $22,500

GoldGold: 30% = $27,000

PlatinumPlatinum: 35% = $31,500

Year 1: Income Potential: = $25,000 Silver/Gold/PlatinumSilver/Gold/Platinum





*The earnings projections shown above are based upon new business from 200 clients per year paying an average of $3,000 in premiums and a 100% retention rate. Actual earnings will be lower based on actual retention rates. The above figures should not be considered as guarantees or projections of actual earnings. Promotion Tier Levels subject to change.

What about Me?

Mary: Financial Professional

Experience: 12 years


Offering: Life Insurance, Estate Planning,

Investments and Annuities

Client Base: 500 families

Ben: Real Estate Agent / Mortgage Broker

Experience: 5 years


Goal: Supplement his income by offering additional products to serve his clients needs

Center of Influence: 1,000 business professionals

Referring MD’s? Recruiting other Marketing Directors:

WFP: Refer 5 New Marketing Directors

100 new clients annually X $3,000 annual premiums = $300,000 premiums X 5 MD’s = $1.5 mil


PartnerPartner: 5% = $11,250

ExecutiveExecutive: 6% = $13,500

VPVP: 7% = $15,750

Year 1: Income Potential: = $11,250 PartnerPartner


Year 3: Income Potential: = $37,125 ExecutiveExecutive


Year 5: Income Potential: = $78,750 VPVP

*The earnings projections shown above are based upon the enrollment of 5 new marketing directors who each generate new business from 100 clients paying an average of $3000 in annual premiums and a 100% retention rate. Actual earnings will be lower based on actual retention rates. The above figures should not be considered as guarantees or projections of actual earnings. Promotion Tier Levels subject to change.

Ben: Real Estate Agent / Mortgage Broker

Experience: 5 years


Goal: Supplement his income by offering additional products to serve his clients needs

Center of Influence: 1,000 business professionals

Referring MD’s? Recruiting other Marketing Directors:

WFP: Refer 20 New Marketing Directors

100 new clients annually X $3,000 annual premiums = $300,000 premiums X 20 MD’s = $6 mil


PartnerPartner: 5% = $45,000

ExecutiveExecutive: 6% = $54,000

VPVP: 7% = $63,000






*The earnings projections shown above are based upon the enrollment of 20 new Marketing Directors who each generate new business from 100 clients paying an average of $3000 in annual premiums and a 100% retention rate. Actual earnings will be lower based upon actual retention rates. The above figures should not be considered as guarantees or projections of actual earnings. Promotion Tier Levels subject to change.

Products Available

Auto – Home – Umbrella - Renters – Landlord

RV’s – Classic Auto’s – Motorcycles

Personal Lines:

Commercial Lines:

Property - General Liability – Workers Comp

Commercial Auto

Carriers:

How to get started?

• Complete the Marketing Director Application: $99• Get properly licensed in each State of production • Enter Referrals: www.wavefinancialpartners.com• Get Paid!!!

• Recruit other Marketing Directors• Train them to duplicate the Wave System• Get Paid on their closed referrals!!!

Build a Clientele:

Build a Business:

http://www.wavefinancialpartners.com/

www.wavefinancialpartners.comEmail: [email protected]

(866) 341-WAVE (9283)Danny Ballard – [email protected]

Direct: 720-222-4748

Auto / Home / Commercial

Thank You

Wave Financial Partners, Inc.

http://www.wavefinancialpartners.com/

mailto:[email protected]

mailto:[email protected]

“making property & casualty insurance… simple” wave financial partners, inc. an...

Documents

licensed slide

wavetrack slide

password slide

accidents x x x slide

marketing directors

auto insurance

referral namemd

referral progress