Brightway Insurance
Start a Brightway Independent Insurance Agency Franchise*
For over 15 years Brightway has supported entrepreneurs in opening their own independent insurance agencies. In fact, we originated the insurance franchise model and are one of the fastest-growing franchises in America. Three franchise models provide you with the flexibility to evolve as you grow your agency. With franchise fees as low as $10,000, Brightway offers one of the most affordable franchise models available – in any industry.
*Property/Casualty Insurance Experience Required
What Does a Brightway Insurance Franchise Cost?
To buy a franchise with Brightway Insurance, you'll need to have at least liquid capital of $30,000. They also offer financing via 3rd party as well as a discount for veterans (10% off Franchise Fee). *
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $30,000 What does Liquid Capital mean? |
|---|---|
| Franchise Fee: | $10,000 - $50,000 |
Options
Options available to franchisees:
| Financing: | Via 3rd party |
|---|---|
| Training: | Available |
| Veteran Discount: | 10% off Franchise Fee |
| Misc. Options: | In-house financing for Office Agency Enhanced and Retail Agency models |
| SBA Approved: | Available |
Franchisor Details
Facts about this franchise:
| Total Units: | 355 |
|---|---|
| Home Office: | Jacksonville, FL |
| Year Founded: | 2008 |
Starting your own independent insurance agency has never been easier
There is plenty of money to be made in the $896 billion property & casualty insurance industry. Brightway’s unique independent agency franchise model offers a low-cost, turnkey solution. With Brightway franchise ownership you’ll gain the freedom you crave without the risk of starting an entirely new agency of your own. Established in 2008, Brightway is now one of the largest privately owned property & casualty insurance distribution companies in the U.S. with over 350 franchises in 35 states and over $1 billion in annual premium.
Brightway Insurance website
Why Brightway Insurance
When you open a Brightway Insurance franchise, you’ll become your own boss - with a rewarding and profitable career as an independent insurance agent. In traditional agencies, countless hours are spent servicing accounts for existing customers. But at Brightway, our award-winning team of experts manage all your back-office and marketing support.
As a Brightway franchise owner, you’ll also be backed by a carrier relations team dedicated to helping you get appointed with the right insurance brands in your market. And not only will you earn commissions on every new policy you write - you’ll earn additional commission each time those policies renew.
Comprehensive Business Support
Brightway provides the service and support you need to build a successful business, including:
Training: A comprehensive program that provides you with the knowledge, skills and behaviors that set you up for success at each stage of your growth.
- Marketing and communications support to promote your business and help establish you as the go-to insurance expert in your community
- Agency development consultants to help you replicate the success of other Brightway agents
- Insurance-company liaisons to ensure you’re offering the most competitive policies in your market
- Agency support to answer all of your questions
- Accounting that provides you monthly Commission Statements accurate to the penny and complete with worksheets you can use to customize compensation if you hire additional sales agents
- Technology & innovation to make transacting business fast and easy
Our Culture and Core Values
Our Operating Mandate is Win, Win, Win: By constantly focusing on producing a win for our customers and a win for our agency owners, Brightway wins. Creating mutually beneficial outcomes for all is the cornerstone of our financially aligned business model.
And, our decisions are guided by our Core Values:
Smart: We are resourceful, accurate and efficient
Accountable: We do it right or we make it right
Trustworthy: We act with integrity, especially when no one is looking
Ideal Candidate
Ideal candidates are honest, patient and focused business professionals who place importance on building and maintaining an excellent reputation in their community. They should be goal-oriented and enjoy selling as well as have the ability to build strong, long-lasting client and referral relationships. Having at least three years of property/casualty insurance experience is strongly preferred.
If you’re ready to be your own boss and unlock your true earning potential, click below to learn more about Brightway!
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Awards
Brightway Insurance has received the following awards and acknowledgements:
Franchise Gator 2021 Top 100 Franchise (#25); Franchise Business Review 2021 Top Franchise; Entrepreneur 2021 Franchise 500; Entrepreneur 2021 Top Franchise to Buy For Less Than $50,000; Franchise Direct 2021 Top Global Franchise; Franchise Business Review 2020 Top Franchise for Veterans; 2020 Franchise Times’ Top 200+ Franchise; Forbes 2015 Top Overall Franchise to Buy
Availability
Brightway Insurance is currently accepting inquiries from the following states:
Alabama, Arkansas, Arizona, Connecticut, Delaware, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $30,000 in liquid capital to invest.
