OWNING AN ENCORE INDEPENDENT INSURANCE AGENCY
Discover a career with Encore by owning your own Encore agency.
Encore Producers Group was ranked #1 Independent Insurance Agency in 2023 by The American Registry 500. The American Registry 500 is a repository for the professional honors and recognitions of America’s top performing companies. The Registry identifies companies that have distinguished themselves, rating top in their industry. Companies are rated by colleagues, clients, and industry analysts to earned their prestigious listing.
The insurance market is massive, creating the opportunity for new agencies to succeed at a high level.
Our parent company did $22 billion in sales, and insurance is one of the largest and most influential sectors in the United States economy. With the increasing population in size and age, the demand for insurance solutions in the future is extremely strong.
Massive Market.
The US life insurance market stands out as a prominent industry. Despite economic fluctuations, there is a consistent and enduring demand for coverage. This presents agency owners with the opportunity to seize the growing market and establish a reliable source of continuous income.
140 Million
Citizens Without Insurance
112 Million
Over 50 Years Old
Final Expense, IUL’s, & Annuities
84 Million
USA Mortgages
Mortgage Protection
55 Million
Retirees
IUL & Annuities
Unfold each section to learn about the opportunities in the insurance market:
VAST OPPORTUNITY
The insurance sector is highly fragmented; independent agencies like Encore consistently increase their market share each year. This industry provides the opportunity to build a substantial book of business, protecting individuals and families from financial losses stemming from unforeseen events.
A RECESSION PROOF INDUSTRY
Even amidst economic uncertainty, the insurance sector stands as a dependable resource for customers. In times of recession, both businesses and individuals seek insurance as a safeguard against financial risks. This resilience has been evident in various global recessions, including the 2008 global financial crisis, underscoring the enduring importance of insurance in our economy even during uncertain periods.
A REGULATED INDUSTRY: PROTECTING YOUR AGENCY AND YOUR CLIENTS
State regulations ensure that only legitimate providers can enter the insurance market, safeguarding customers from exploitative practices. This assurance is comforting for both agents and consumers, establishing a level of safety within the industry. Through vigilant market monitoring, governments not only protect customers but also offer reassurance to agents and agencies, making insurance an appealing and secure opportunity.
RESIDUAL INCOME LAYS THE FOUNDATION FOR ONGOING GROWTH
Insurance agents enjoy a significant advantage in generating continuous income. As clients need to renew their policies annually to stay covered, agents earn renewal commissions. This becomes particularly advantageous during periods of economic uncertainty, enabling insurance agents to sustain their revenue stream even in challenging financial times.
THE FUTURE LIES IN THE INDEPENDENT MODEL
A noticeable power shift in the insurance market, from captive companies to independent agents, is evident, with 52% of all premiums in 2022 flowing through the independent channel. This significant achievement underscores the strength and resilience of independent brokers, like ENCORE, offering a blueprint for success and enabling their agents to flourish.
It's The Power Of Choice
- Over 110 Insurance Companies
- Nationally Renowned & Region Specific
- Broad Range of Product Selection
- Leads
Industry Leading Technology
- Customized CRM Platform
- Quoting Tool
- GIACT System
- AI-Powered Appt. Booking
- AI-Powered Follow-Up
- AI-Powered Social Media Tools
Superior Back Office Support
- Unmatched Help Desk Support
- Fully Licensed Service Team
- Financial Management Assistance
- Agency Launch Specialists
Benefits For Agency Owners
- Health Insurance
- Tax Management
- Retirement Plan
- Benefit Counselors
With the power of choice, industry leading technology, and superior back office support, the income potential is unlimited.
THE ENCORE AGENCY DIFFERENCE
- 110 insurance companies across the country
- Nationally renowned and region specific
- Broad range of product selection
- Leads
Choose from over 110 different carriers offering these insurance products:
Final Expense
Mortgage Protection
Term
Whole Life
Accidental
Fixed Annuity
Fixed-Index Annuity
Medicare Advantage
Medicare Supplement
Accidental
Our 110 Carriers:
ACE Medicare Supplement | Aetna | Aflac | AIG | AIG Partners Group | Allianz | Allstate | American Amicable | American Financial Security | Americo | Ameritas | Anthem | Assurity | ATHENE | Atlantic Coast Life Insurance Company | Atrio Health Plans | Baltimore Life | Bankers Fidelity | Banner Life | Baylor, Scott & White | Blue Cross Blue Shield | Care N Care Insurance Company | Centene Corporation|CICA | Cigna | Clearspring Life | Columbia Life | Columbus Life Insurance Company | CVS Health | Devoted | ELCO Mutual | Elevance Health | Equitrust | Essence | F&G | Foresters Financial | GCU | Gerber Life | Great American Insurance Group|GTL | GUARANTY | Health Alliance | Humana | Investors Heritage | Kaiser Permanente | KSKJ Life | Lafayette Life Insurance Company | Legacy | Liberty Bankers Life | Lifeshield National | Lincoln Financial Group | Lumico | Manhattan Life | Medica | Molina Healthcare | Mutual of Omaha | Nassau | National Life Group | Nationwide | National Western Life Insurance Company | NGL | North American Company | North American | Oceanview | Oxford Life Insurance | Pacific Guardian Life | Pacific Life | Pan American Life | Pekin Insurance | Physicians Mutual | Protective | Providence | Quility | Royal Arcanum | Royal Neighbors, of America | Sagicor | Security National | Sentinel, Security Life | Shenandoah Life Insurance Company | SILAC Insurance Company | Sitka | Sons of Norway | Transamerica | Trustmark | United American Insurance Company | United Healthcare | United Home Life | Wellabe/Medico | Wellcare | Wellmark | Western Catholic Union | Woodman Life | Zing Health
INDUSTRY LEADING TECHNOLOGY
- Customized CRM Platform
- Quoting Tool
- GIACT System
- AI-Powered Appointment Booking
- AI-Powered Follow-Up
- AI-Powered Social Media Marketing Tools
Learn about our technology...
It's About Technology
CUTTING EDGE & DATA DRIVEN
Encore’s unwavering dedication to advanced technology has revolutionized the insurance landscape, offering our agents a distinct edge in the progressively competitive market. By equipping agents with cutting-edge tools and data-driven solutions, we enable them to make more informed decisions with increased efficiency and precision.
Encore uses advanced technology to help agents make smarter decisions, boost sales and close more deals in less time.
Our industry leading comparative quoter can shop more than 110 insurance companies. To build customers tailored policies, saving agents and clients’ time and money.
Highly desirable GIACT system:
- Verify vendor and client bank account information for both individuals and businesses.
- Ensure accounts are valid and in good standing, and that the individual is authorized to act on the account
- Access network insights to flag accounts which may be at particularly at high risk of fraud.
Best in the industry CRM: our secret weapon
- ScheduleBot
- AI-Powered Follow Up
- Send Mail From Agent CRM
- Funnel Library with 100s of Funnels
- Pre-Built Automations
- Data Validation
- Complete Phone System
- Team Management
- Social Media Marketing
- Email Marketing
- Data Optimization and Organization
- 24/7 Live Expert Help
SUPERIOR BACK OFFICE SUPPORT
- Unmatched Help Desk Support
- Fully Licensed Service Team
- Financial Management Assistance
- Agency Launch Specialists
WE'VE GOT YOUR BACK
At Encore, we know that running a successful insurance agency requires more than just sales and marketing skills. That’s why we have a dedicated back-office support team that works tirelessly behind the scenes to help our agency owners manage their businesses efficiently and effectively. Our team includes experienced professionals who specialize in areas like underwriting, claims processing, policy administration, and finance.
- Product Recommendations
- Product Illustrations
- Case Design
- Advanced Markets
- Help with Hard-to-Place Cases
- Access to Product Portfolios
- Training via Live & Recorded Webinars and Recorded Trainings
- Contracting Support
BENEFITS FOR AGENCY OWNERS
Every benefit you need as an Encore Agency Owner:
- Health Insurance
- Tax Management
- Retirement Plan
- Benefit Counselors
BENEFITS PACKAGE
A comprehensive benefits package specifically designed for independent agency owners.
We understand the sacrifice agency owners make when it comes to benefits for their family and financial security. That’s why Encore offers a comprehensive suite of benefits designed to protect you and your loved ones. From robust insurance coverage, to hassle-free payroll management our solutions are tailored to the unique needs of independent insurance agency owners. You can focus on your business, knowing that your family’s future is in safe hands.
Major Medical Insurance
Major Medical Insurance provided by United Health Care stands as a pivotal resource for Encore Agency owners, offering them crucial coverage that aligns with the unique demands of their self-employed careers. Through the partnership between Major Medical Insurance and United. This partnership not only offers peace of mind but also reflects a commitment to supporting the agency owners maintaining their health and economic well-being.
Dental Insurance
Embrace the advantage of superior dental care with Dental Insurance, provided by MetLife – a leading name in the insurance industry. MetLife’s extensive coverage ensures your oral health is prioritized, covering preventive, basic, and major procedures.
Vision Insurance
Enhance your well-being with the comprehensive Vision Insurance provided by MetLife.. MetLife’s extensive coverage includes eye exams, prescription eyewear, and even discounts on LASIK procedures. This plan aims to reduce your out-of-pocket costs, making eye care affordable and accessible.
Health & Wellness Plan
Enhance your well-being with the comprehensive Vision Insurance provided by MetLife.. MetLife’s extensive coverage includes eye exams, prescription eyewear, and even discounts on LASIK procedures. This plan aims to reduce your out-of-pocket costs, making eye care affordable and accessible.
Retirement Plan
Tax-deferred retirement accounts such as 401k plans can be an excellent option for agency owners who don’t have access to traditional employer-sponsored retirement plans. With Slavic401k, they provide business retirement savings solutions – and they’ve been doing it for over 35 years. Encore uses Slavik401K because of the value their retirement savings solutions they provide to our agency owners.
More Benefits
- Tax Management
- Workers Compensation
- W-2 Verified Income
- Benefit Counselors
- Dedicated Support
- Payroll Processing
FREQUENTLY ASKED QUESTIONS
HOW DO I GET STARTED?
Fill out our web form and get connected to our team! We will reach out to you and walk you through all the benefits of an Encore Agency.
HOW MUCH IS THE INITIAL INVESTMENT TO ENCORE?*
There is no cost to become an agency owner.
*Subject to state fees and other business start up expenses not related to Encore.
DOES ENCORE OFFER TRAINING?
Yes, we have a mandatory training program that begins once licensing and onboarding are completed. It’s a hands-on, progressive program using real leads to learn the Encore sales process and carrier systems.
HOW ARE ENCORE AGENCY OWNERS COMPENSATED?
All Encore Agency owners are paid commissions from policies that the agencies have written directly from the carriers. Encore does not control your money.
HOW LONG DOES IT TAKE TO OPEN AN AGENCY?
You can open an Encore Agency and start selling after you attend and pass our initial training program.
HOW INVOLVED DO I NEED TO BE AS AN OWNER?
Encore expects all agency owners to follow the Owner/Operator agency model to ensure that all our agency owners are solely focused on growing their business.
DO I NEED TO HAVE PRIOR INSURANCE EXPERIENCE?
No, you do not need prior insurance expertise to open an Encore agency. Encore helps you get licensed by providing resources and guidance. We have a robust training program as well as our dedicated back-office teams ready to help you successfully launch your agency.
DO I HIRE MY OWN STAFF AND HOW MANY DO I NEED?
Yes, as a business owner, you have the freedom to hire your own staff. Encore offers resources and assistance to help you find the right talent for your agency if you need help. We recommend that you take the first year to solely focus on growing your book of business before thinking about hiring staff.
WHAT TYPE OF SUPPORT CAN I EXPECT?
Encore offers a variety of support for our agency owners. We offer daily training, post launch support, one-on- one sessions with experts, webinars and more. This support is not just for the agency owner but for their agents as well.