Frederick Mutual Profit Sharing Program
Are you a profit sharing agent? Do you normally need to earn $500K in premium in order to qualify for your carrier's profit sharing program? Here at Frederick Mutual, we prioritize profit sharing with our agents. Our program enables our agents to increase profits through lower minimum premiums and other benefits unique to Frederick Mutual. Download our profit sharing guide for more information, or contact our team directly to get started.
DRIVE MORE REVENUE, JOIN OUR PROFIT SHARING PROGRAM.
DOWNLOAD OUR PROFIT SHARING PROGRAM GUIDE BY FILLING OUT THE FORM BELOW.
Frederick Mutual Insurance Company is offering one of the lowest industry minimum-written premium levels in order to afford more insurance agencies the opportunity to reap the benefits of profit sharing.
We understand the value of incentivizing our agents and forming strong relationships in which both parties succeed and are able to grow their businesses together.
To learn more, request our Profit Sharing Overview & download the guide.
Program Overview — Accessible Profit Sharing for Agencies & Agents
Drive Up 10%+ of Your Revenue
With Frederick Mutual, the more profitable business you write, the higher your profit earning potential is. To us, profit sharing is additional revenue to the agency. If your agency writes a minimal amount of premium that is profitable business, then you earn profit sharing, which equals additional revenue. There aren’t unique qualifications or special “guidelines” that your agency needs to be aware of to increase profit — with Frederick Mutual, it’s simple.
Reinvest Profits Into Your Agency
Agencies utilize insurance profit sharing in various ways. Some agencies reinvest the profits into hiring additional staff or making investments into the agency’s infrastructure. Other agencies share the profits with their staff, while some will invest in new software or hardware. However you and your agency choose to reinvest profits, Frederick Mutual is proud to play a part in your success. When you join our profit sharing program, you’ll join our network of providers and find additional benefits you can share with your agency.
About Frederick Mutual Insurance
Since 1843, Frederick Mutual has been delivering Peace of Mind to policyholders and residents in the Mid-Atlantic region. We are the ninth oldest insurance company in the nation and the third oldest in Maryland — and proud to be! Since our founding, we’ve expanded our services to Pennsylvania, then Delaware, D.C., North Carolina, and Virginia. We continue to innovate and expand our product and service offerings to support our partnered agencies.
Profit Sharing Program FAQs
How do I join Frederick Mutual’s profit sharing program?
The first step to joining our insurance profit sharing program is to contact our team. Learn about what we have to offer, and get your questions answered. After your appointment date, you have the ability to earn profit sharing in your first year when the $150K minimum premium is achieved at a 55% or less loss ratio. Subsequent year earnings are multiplied with profitable premium growth.
Get Started
Contact Frederick Mutual Insurance Company today or submit the form below to start maximizing your profit sharing potential!