Our Model

OAA is not a network, franchise, cluster, or aggregator. OAA members increase their independence as members of a large national alliance.

OAA Not An Aggregator…The Difference  
 
OAA Operating Model

  • OAA conducts an intensive due diligence process before accepting an agency into agency alliance.
  • OAA’s target demographic calls for the appointment of select agency prospects in any given city.
  • OAA is a quality driven model.
  • OAA and SIAA have a partnering relationship in the growth of all agencies at all levels.
  • OAA agreements contractually prohibit brokerage.
  • OAA strongly believe that each piece of business should be rated, written and submitted by a licensed agent who writes a risk.
  • OAA establishes specific premium growth commitments between Master Agency Alliances and Strategic Partner Companies.
  • OAA electronically tracks the progress of each member agency commitment to assure that each agency meets their commitments.
  • OAA members, at any level, are not allowed to write business with any company unless the company gives prior permission.
  • OAA operates with a very specific Quality Control Standards program to guarantee quality business.
  • OAA pays incentives for all partner agencies to write profitable business.
  • OAA Independent Strategic Members receive 100% of the commission (preferred or otherwise).

 A Model We're Not…Aggregators Operating Model

  • Do Not engage in pure third party brokerage.
  • Do Not have ownership or partnering relationship in any of the brokering agencies resulting in little if any control over profitability.
  • Do Not know how much business will bewritten until they write it.
  • Do Not have a business plan without a commitment.
  • Do Not accept business from any agency that can find them on the Internet.
  • Do Not the brokering agency between 60% and 70% of the commission and keep any overrides and profit sharing.
     

The incentive for the brokering agency to write profitable business is absent in the aggregator model thus resulting in loss ratios that are at times very high, even with credit scoring.

In summary, OAA should not be put into the mix of aggregators. OAA “facilitates" the consolidation of profitable premium written by partner agencies always in the best interest of the insurance consumer, resulting in significant Strategic Partner Company growth and profitability.

OAA is not part of one size fits all! OAA's business model is quality and not quantity driven!