How to Start a Small Insurance Business : Health Insurance Tips & More

hi my name is Susan Combs and I'm an insurance broker for combs a company how to start a small insurance business when you're starting any type of business it's really important to bring in those key individuals that'll help you start up that business those key individuals are typically a CPA an attorney a banker those type of professionals that will help you advise you on how to set up the business because typically you need to set up a federal ID number you need to set up a website you need to set up a bank account different things in place you probably need to have insurance for yourself as well and then the next step

when you're setting up an insurance business is you need to have contracts with carriers and because it's all well and good when you get everything set up but if you don't have contracts with the carriers you and you don't have the ability to sell with those carriers then you're going to be out of luck so when it comes to getting those contracts with the carriers if it's somebody that you've worked with in the past those are easy intros that you can just go ahead and get a direct contract with them and then that you can just hit the ground running and start selling