Agency Affiliate Program

Minimum Qualifications

  • Active Property and Casualty license in California, Colorado, or Nevada; One year experience selling Property and Casualty insurance (or similar products).
  • Background free of felonies and misdemeanors involving dishonesty or a breach of trust (i.e., “crimes of moral turpitude”)
  • Strong desire to run your own business.
  • Current loss ratio below 65%.

How We Get Started

  • Complete and submit the inquiry form below or call our office to schedule a ten-minute preliminary interview.
  • We will schedule a subsequent interview if our manger believes that you have the potential to become a valuable business partner. This subsequent interview can occur in person or via a web conference depending on your circumstances.
  • Upon “passing” the final interview you will complete, sign, and submit the necessary paperwork, including the contract. At this time we will schedule your orientation.

Our company philosophy and a message from our founder and CEO, Bo Peng

I founded Penguin Insurance Services to provide those tools and opportunities that seemed to be lacking when I began my career. Accordingly, my mission is to support new and experienced agents by facilitating direct access to multiple markets. Together, we achieve that mission under an affiliation agreement that enables the agent to enjoy ownership of the business that he or she writes. Moreover, I seek to help our agents leverage group production as a means of maximizing commissions and bonuses.

In short, my team and I will provide the support necessary for you to achieve true financial independence as a Penguin affiliate. You may think of me as your “battle buddy” in the trenches of the combat theater we call “the insurance market.”

Penguin’s philosophy of a dynamic teamwork based on common goals translates into shared commissions and performance-based bonuses. The compensation structure under the affiliation relationship is designed to foster an interdependence of financial interests. We seek to share the goals, rewards, and burdens of our affiliate agents. Insurance can be a lonely business unless you belong to a team. My corporate staff (your support team) and your fellow affiliates will stand shoulder-to-shoulder with you through the joys of success and the frustrations of the inevitable setback. Our full complement of support services is extensive and will help you work more easily and efficiently.

As an agent/broker, you will not find yourself in competition against other affiliates. We have devised a system whereby you will benefit from the success of your fellow agents and the entire Penguin team. Each agent contributes to the success of the team and receives in return the stability, leverage, earnings, and prosperity that only a team effort can command.

We will earn and maintain your trust through openness, fairness, and the absence of a long-term contract. Penguin fully discloses all commission schedules and bonus arrangements. This transparency is only right and logical given that each agent may expect a share of earnings and bonuses proportionate to his or her contribution to the success of the team.

We hope you find value in our vision, and we look forward to welcoming you to our team.

Penguin’s Promise to You

  • We promise to treat each member with fairness and respect.
  • We promise to train and support your brokerage to best of our ability and knowledge, and help you succeed.
  • We promise to listen attentively to your feedback and to improve our services accordingly.
  • Most of all, we promise to treat you like a valued teammate and not a number. We promise to cherish the unique qualities and added diversity you bring to Penguin Insurance Services.

Bo Peng
Founder and CEO

BECOME AN AFFILIATE


Penguin Insurance Services

Agency Affiliate Program

Join our Agency Affiliate Program where we offer the best of personal lines, commercial lines, workers' compensation, life insurance and specialty programs.

Independent Contractor Agreement
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Independent Contractor Agreement

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As an independent agency, you are in the driver's seat.

Training
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Training

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Our comprehensive training program will equip you with the tools necessary to operate your agency efficiently and effectively. The Penguin training staff combines more than 30 years of industry experience. Products, systems and technology at no cost to our member.

Ownership
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Ownership

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You are confident that you own your book of business.

Support
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Support

Ongoing support is a phone call away!

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Our support team is ready to provide on-going support of the systems, service and marketing.

Direct Access
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Direct Access

You have direct access to all of our carriers.

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As an agency affiliate, you have full access to our carriers' quote, binds and you would be able to issue policies.

Higher Compensation
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Higher Compensation

Higher compensation on all new buisnesses and renewals.

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Here is a quick schedule of the compensation on different business lines:Auto\Home: 15 - 25%Commercial: 15 - 30%Workers' Comp: 8 -13%Life Insurance: 85 -135%

Technology
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Technology

Comparative rating and account management systems.

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Providing the right technology set us apart from other insurance agencies. Rest assured that our support staff is here to help anytime.

Profit Sharing and Growth Bonus
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Profit Sharing and Growth Bonus

This makes a difference, sharing the wealth!

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This program works as follow:Growth bonus: 3 - 10%Profit Sharing: 4 - 38%

Contracts and Quotas
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Contracts and Quotas

No Long-Term Cotracts and No Quotas.

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We believe that long term contracts and quotas limits the spirit of entrepreneurship. Therefore, there are no long-term contracts, nor any production quotas!

BECOME AN AGENCY AFFILIATE