Traditional Insurance Agents represent the largest conflict of interest protecting the current healthcare supply chain.
Traditional Agents get paid:
- a percentage of your premium
- a bonus for growth of this premium
The agency earns a total book retention bonus based on:
- growth in premium
- profitability of the agency’s book
Furthermore, an agent must work much harder to obtain claims transparency, shop your insurance costs, negotiate direct provider contracts, and build a cost reduction strategy.
The traditional agent is paid to protect status quo.
At Loxley Group, we work for a flat fee, or performance contract based on lowering your cost, not increasing it.