Why should an attorney review your contract before switching agencies?
Bring the executed agreement, amendments and compensation schedules to your attorney. Review notice, non-compete, non-solicitation and confidentiality provisions before contacting another organization or clients. Do not assume another agent's agreement matches yours.
What should you know about Reconcile financial obligations?
Request an accounting of advances, adjustments and any balances governed by your agreement. Determine whether renewal rights continue and whether offsets can apply. No new recruiting arrangement should be assumed to erase obligations from a previous contract.
What should you know about Confirm licensing and new appointments?
Check that resident and non-resident authority remains active for the work you intend to do. Ask about any release or appointment termination process and complete new carrier contracting. Wait for the required authorizations before conducting business through a new insurer.
What should you know about Protect existing clients and data?
Clarify who services policies and what information you are permitted to retain or use. A client relationship does not by itself authorize a records transfer. Avoid encouraging replacements just because your affiliation changes; evaluate client needs and policy terms separately.