Broker Compensation

Savoy is a true general agency, therefore, brokers get paid the same commission dollars they would have earned had the business been written directly with the carrier. In other words, you have access to all of our services for free, and with no minimum production requirements.

Broker Commissions

The commissions rates included in the documents below apply to new and renewal business unless otherwise noted.
Specialty Benefits Commissions—Group Ancillary Products & Worksite Marketing

For details on Specialty Benefits commissions, please contact Michael Castrillon, Director, Specialty Benefits, via ancillary@savoyassociates.com.

Carrier-Sponsored Bonus Programs

 

New York

Carrier Bonus Details
Cigna Supplemental Benefits:
Trip to Bermuda
(3/1/18 - 4/28/19)
Empire Large Group (1/1 – 12/31/19)
Prestige Q1 Broker Bonus
(1/1/19 – 3/31/19)


Q2 Broker Bonus
(4/1/19 – 6/30/19)

New Jersey

Carrier Bonus Details
Aetna Funding Advantage 5 - 100 employees (5/1/19 - 9/1/19)
APEHP / QualCare Community Care Network
New Business
Cigna Supplemental Benefits:
Trip to Bermuda
(3/1/18 - 4/28/19)
Horizon BCBSNJ New Medical and Dental Sales
(1/1 – 3/31/19)
Oscar Small Group New Business
(1/1/19 – 6/15/19)
Prestige Q1 Broker Bonus
(1/1/19 – 3/31/19)


Q2 Broker Bonus
(4/1/19 – 6/30/19)

Pennsylvania

Carrier Bonus Details
Aetna Funding Advantage 5 - 50 employees (2/1/19 - 4/1/19)
Cigna Supplemental Benefits:
Trip to Bermuda
(3/1/18 - 4/28/19)
Prestige Q1 Broker Bonus
(1/1/19 – 3/31/19)


Q2 Broker Bonus
(4/1/19 – 6/30/19)

Delaware

Carrier Bonus Details
Cigna Supplemental Benefits:
Trip to Bermuda
(3/1/18 - 4/28/19)
Highmark New and Renewal Large Group (51+)
(2/1/19 - 7/1/19)


Senior Markets: Medigap
(4/1/19 - 9/1/19)
Prestige Q1 Broker Bonus
(1/1/19 – 3/31/19)


Q2 Broker Bonus
(4/1/19 – 6/30/19)

 

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