Compensation Structure

Membership Overview & Commission Structure

  • One-Time Joining Fee: $5,000
  • Monthly Maintenance Fee: $200, beginning 90 days after the agreement start date
  • Commission Split:
    • Standard split is 90/10
    • After reaching $250,000 in annual revenue, the split increases to 95/5
  • Commission Payments:
    • Members are paid as independent agencies, directly by IAA, following the same terms as our carrier contracts
    • Commissions are paid by the end of the month for all commissions received within that month
    • Contingent commissions are distributed in the month they are received from the carrier
  • Additional Commission Splits for Quoted/Serviced Accounts:
    • IAA quotes the account for you: An additional 25% split (35% in Florida)
    • IAA services the account for you, but you quote and place the business: An additional 35% split
    • IAA both quotes and services the account for you: An additional 40% split (45% in Florida)