National Marketing Organizations (NMOs) or Field Marketing Organizations (FMOs) recruit and train agents to sell various insurance products. Many carriers require agents to contract with an NMO/FMO to sell their plans and then the carriers compensate the NMO/FMO when their agents sell plans. Although every NMO/FMO has different policies, it is important for you to understand these administrative fees do NOT come out of your commissions.
NMOs/FMOs are responsible for providing you the support and services you need to succeed. Not all NMOs/FMOs are created equal and neither is the support they provide! If you get contracted and never sell a plan, neither the agent nor the NMO makes any money. Do your research before you contract as choosing the right partner can significantly impact your future sales.
When you work with Berwick Insurance, you have a dedicated partner committed to helping you grow your business, your way. You receive top commissions, unlimited access to leading technology, expert training and unparalled support.