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Friday, 05/14/2010 9:00:57 AM

Friday, May 14, 2010 9:00:57 AM

Post# of 173
Another thought on CC.

They said their health carriers were open and interested in them transitioning to supplemental. CEO mentioned they are largest United Healthcare/Golden Rule independent brokerage. UHC does not offer a supplemental kind of insurance they want to sell. So hopefully they are working on getting into that market with APNC's agents leading the way selling it.

Also from what I see, none of the carriers they sell, use their association benefits products. Most carriers throw in discounts through an association with their plans, if APNC can get a larger carrier to also use them to operate their association benefits, every policy written has two revenue streams. That would be huge, I figured that was something that would have already been done. Without a large carrier offering APNC managed association benefits, this move might not work. Just collecting commissions on supplemental will not work, but if the company takes a few bucks more per policy by doing what they do best, then things will only look up.

I could be wrong, but I can't find any that use their services, I am hitting up management to make sure I did not miss something.

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