Progressive announces new compensation opportunities for independent agents
Progressive announced new compensation opportunities through Paths to Partnership, including a national auto commission schedule and performance bonus to reward independent agents who write more, and longer-retaining, personal auto business with the insurance company.
According to a company news release, this tiered commission structure rewards auto growth regardless of risk profile. New incentives reflect the company’s strategy to add more preferred, multiproduct households.
“Paths to Partnership provides more options for independent agents,” says Karen Bailo, Progressive’s Agency Sales & Distribution GM. “Offering multiple paths ensures we can help agents achieve their goals, no matter how they choose to use Progressive in their agency.”
The national auto commission schedule provides independent agents with access to an annual performance bonus and marketing benefits. Progressive will roll out the schedule in phases, starting with 12 states in July 2017, and another 32 in January 2018 when the new partner program and performance bonus launches nationwide. For more information, visit ForAgentsOnly.com