FrankCrum has been in business for almost four decades, and there’s a good reason for our longevity –
We develop long-term partnerships with agents built on trust.
So, what might you expect out of a partnership with FrankCrum?
But, not every agent has a PEO in their portfolio.
Not only are these agents leaving money on the table and missing out on a competitive advantage, but they’re also vulnerable to attrition if their client decides to work directly with a PEO.
Here are a few questions we regularly receive from agents as they consider partnering with FrankCrum:
Selling PEO services allows you to tap into new and diverse revenue streams. Instead of commissions on insurance premiums, your earnings are based on total payroll – a higher base figure. At FrankCrum, you’ll also have an opportunity to make money from the sale of employee benefits and even staffing placements. We pay higher-than-market commissions with residuals that don’t decline upon renewal. Put simply – our model offers better compensation than most insurance companies do.
FrankCrum is held to a higher standard because we own our affiliated AM Best-rated, nationally licensed, and admitted workers’ comp insurance carrier: Frank Winston Crum Insurance. Unlike other PEOs, we are regulated by the Department of Insurance, which requires audits and strict financial stability. We’ve been in business for nearly four decades, proving ourselves as a trustworthy partner.
Some PEOs haven’t adopted an agent-oriented sales model. And those that do may not be very good at it. But here at FrankCrum, we’ve welcomed agents into partnerships based on respect and trust for decades.
If you bring your business to us, YOU retain the relationship. Period. We don’t recognize an agent of record (AOR), so commissions never transfer. And, we don’t enforce volume commitments, so there is no risk to join. We partner with agencies to help them compete for clients who want the value-added services that a top-notch PEO provides.
Sure. A PEO provides workers' compensation and employment practice liability insurance (EPLI) bundled with comprehensive HR solutions such as payroll, benefits, HR, tax administration, regulatory compliance, risk management, and others. PEOs relieve businesses of administrative burdens and save them money too.
Because of this, we are regulated by a body that agents trust – the Department of Insurance – which has strict regulations, requiring us to demonstrate our financial stability and integrity as an organization.
Perhaps you’ve lost business because your client’s circumstances challenged your ability to find a carrier or an affordable rate. We can help with that!
Want to learn more about Frank Winston Crum Insurance? Read Overview
New customer acquisitions are essential, but how does customer retention impact your bottom line? Here are a few insights from Invesp Consulting's research study.
If you believe that prolonging the lifetime of a customer makes them more valuable, then you’ll be happy to know that selling PEO services to your clients will make them “stickier” because:
Want to learn more about how PEOs benefit business owners? Read this short blog.
At FrankCrum, we are always looking for ways to make your work-life easier.
How much time do you waste chasing paperwork and payments, and then dealing with the fallout from lapsed coverage? This may be one of the most grueling aspects of your job.
When you work with FrankCrum, we handle all the heavy-lifting associated with paperwork and certifications, plus our contracts auto-renew each year.
Are you ready to quit the runaround and start selling?
While others are waiting around for quotes from wholesalers and carriers, FrankCrum agent partners are leveraging our online rating tool and PEO management system, Quote & Connect, to generate quotes FAST.
This tool is a real game-changer.
We offer unbeatable workers’ compensation rates through Frank Winston Crum Insurance, our very own workers’ compensation carrier, as well as Zurich North America Insurance, one of the largest insurance companies in the world. Our program has no down payments and no audits.
Want to learn more about Quote & Connect? Watch Video
Are you ready to get started?
Joining the FrankCrum Partner Program is easy!
Our contract is simple, and we don’t require volume commitments.
Our supportive staff and dedicated account management team are here to support you with training, sales and closing business.
Stop leaving money on the table and missing out on a competitive advantage.
Watch video to learn more about FrankCrum’s Partner Program.