Are you secretly too afraid to start your own broking business and becoming your own insurance boss?  There has been talk of “pervasive pessimism” holding back the entrepreneurial spirit of Brits.  Do you suffer that? Or maybe imposter syndrome?

It’s time to focus on the positives.  By backing yourself to succeed, you could open up a whole new future for yourself and your family.  You could manage your own time and spend more of it with your children.  You could boost your earnings potential considerably. You could also plot a route towards early retirement.

And, most importantly, you could set the culture in which you work.  You can serve clients your way.  You can make the rules.

Start Your Own Broking Business With Gauntlet

Then there is working from home.  Not a problem if you have access to cutting-edge Acturis IT that allows you to work from anywhere you wish.

There’s nothing to fear about becoming your own broking boss, if you do it with the right appointed representative partner.  Working under the permissions of an AR principal is also the only feasible option for anyone starting out in broking.  Why?

• FCA compliance requirements are typically too onerous for a start-up to contemplate.

• Insurer agencies will only come your way once you have considerable volume.

• It equips you with money-cannot-buy services, beyond the means of most start-ups.

Start your own broking business in partnership with the right AR principal

But working with an AR principal also takes away a lot of the fear, if you choose the right one.  Gauntlet has been supporting successful AR brokers for over 15 years, using our own direct experience of setting up a brokerage to help them prosper.  Here are some facts about us.

– We are the only independently owned network of any size

– We also have complete transparency and UK ownership

– We do not engage in smoke and mirrors tactics, such as skimming off commission at the insurer end before presenting ARs with their commission.

The huge advantage of having an internal sales team

We also provide a huge advantage, if you  want to start your own broking business..  We have a direct sales team that does two things.

• It’s a test-bed for sales campaigns, allowing appointed representatives to follow blueprints of what works.

• It also significantly boosts our buying power, allowing us to offer our ARs top-level commission rates.

With a team of mentors to help guide your progress, and back-office staff to handle all your accounting, administrative and compliance needs, there is nothing to fear. You just need to put in the hard work and be really committed to your dream.  Our Gauntlet Start-up Broker proposition will catapult you towards your goals.

Taking the fear away by building a brokerage as you earn

But, if there is still too much fear to take the leap away from a salaried role and straight into self-employment as you start your own insurance brokerage, we have our Gauntlet Brokerage Builder option. Here, you can try before you fly.  You can test yourself and assess whether you are suited to self-employment and motivated enough to generate the business you need.

22 months of working to a programme built around considered milestones and targets will put you through your paces.  You will also build your future business on the job, ‘graduating’ with a ready-made client base to get you started in your own brokerage.  It’s the easiest way to start your own broking business if you have any fears about the traditional pathway.

So, if you choose the right AR principal, and have the all-important work ethic, there really is nothing to fear.  Commercial insurance clients are now crying out for good quality broking support, delivered in the traditional personalised way, and you could be providing that.  The difference is that you will be offering it in a 21^st century way, backed by intuitive IT and many modern advantages.

Just call us on 07774 690436 or email NigelLaw@GauntletGroup.com to discuss the right pathway for you. As Franklin D Roosevelt said, “the only thing we have to fear is fear itself.”  Don’t let your imposter syndrome, fear, anxiety or secret voice in your head hold you back from achieving your dream of starting your own insurance brokerage.  We will be with you all the way.