Most major aggregators offer profit sharing, including SIAA, Smart Choice, Keystone, ISU, Renaissance, ASNOA, FirstChoice, First Connect, SecureRisk, Ironpeak, Fortified, Pacific Interstate, and Combined Agents of America. A few do not, and franchise-model networks (Brightway, GreatFlorida, Fiesta) use revenue share instead. Full table below — scroll for details on each program.
Every major aggregator and what we know about their profit sharing program. Click any name to see the full profile.
Status reflects publicly known program structure as of May 2026. Profit sharing terms change. Always confirm directly with the aggregator before signing.
"Profit sharing" in the aggregator world is a specific thing — and it's commonly misunderstood. Here's the mechanics:
Carriers pay aggregators a profit-sharing bonus when the network's overall book hits certain loss ratio and growth thresholds. This is on top of base commission. A typical structure: a carrier pays the aggregator anywhere from 1% to 10% of net written premium as a profit-sharing bonus when the network's book runs profitably (e.g. loss ratio under 55%) and grows year-over-year.
The aggregator then passes through some portion of that bonus to its member agents. The pass-through formula varies wildly:
This last point is critical: "offers profit sharing" is not the same as "pays you a meaningful profit sharing check." Two aggregators can both technically offer profit sharing, but one might pass through 80% of the carrier-paid bonus while another passes through 20%. Always ask for historical pass-through percentages, not just whether the program exists.
1. What was last year's profit sharing distribution per $100K of premium an agent wrote? 2. What carriers contribute most to the profit sharing pool? 3. What are the qualification thresholds (book size, loss ratio, tenure)? 4. When does it pay out — quarterly, annually, or only after audit?
These networks are most commonly cited by agents as having competitive profit sharing structures. Programs vary, so verify specifics for your situation.
SIAA's profit sharing flows through its master agency structure. Each SIAA master agency operates somewhat independently, so the exact program varies by region. Members typically share in the bonus their master agency earns from carrier-paid profit sharing, with distributions tied to individual contribution. Strong, established program but ask your specific master agency for historical numbers.
Keystone has long been cited by agents as having one of the more transparent profit sharing programs. Pass-through structure is generally favorable, and Keystone is known for clear quarterly reporting on bonus contributions. Strong fit for personal lines and small commercial agencies.
ISU operates as a national network with strong profit sharing through its consolidated carrier relationships. Distribution is typically tied to your contribution to the overall network production, paid annually after carrier audit cycles complete.
Renaissance includes profit sharing as a member benefit. Program is structured to reward both growth and profitability — agents whose books run lean get a larger share. Generally strong for established personal lines agencies.
Smart Choice runs a quarterly profit sharing distribution for qualifying agents. The threshold to qualify is relatively accessible compared to some networks, making it appealing for newer agencies that are still scaling. Programs vary by carrier.
These networks all offer profit sharing programs, though terms, qualification thresholds, and payout structures vary. Click through to each profile for current details.
Not every aggregator offers profit sharing. Some have alternative compensation models, others simply pay a flat override and pass on the bonus structure entirely.
Franchise-model networks operate on a fundamentally different compensation structure. Instead of profit sharing on top of base commission, the franchise model splits the gross revenue from each policy between the franchise and the agent. There is no separate carrier-paid profit-sharing pool to distribute.
Whether a franchise model or a profit-sharing aggregator works better depends entirely on what you value: franchise networks provide more brand support, marketing, and infrastructure but you pay for it through ongoing revenue splits and territory restrictions. Traditional aggregators give you more autonomy and let you keep more of your commission, but you don't get the franchise-level marketing support.
"Aggregator X offers profit sharing" is the start of the conversation, not the end. When you're evaluating networks, the things that actually matter:
How much of the carrier-paid bonus actually flows through to agents? An aggregator that earns $5M from carriers and passes through $4M to agents is very different from one that earns $5M and passes through $1M. Ask for historical numbers in writing if possible.
Some programs require a minimum book size, minimum tenure, or a maximum loss ratio to qualify. If you're a brand-new agent or your book is under $250K, you may not qualify for full distribution even when the program technically exists.
Profit sharing comes from specific carriers. If the bulk of an aggregator's profit-sharing pool comes from carriers you don't write with, the program won't help you much. Match the bonus pool to your book.
Some programs pay quarterly, some annually, some only after carrier audits complete (which can be 18 months after the underlying policy year). Cash flow matters — a $10K profit sharing check 18 months from now is worth less than a $7K check next quarter.
Profit sharing pools shrink during hard markets (when loss ratios climb across the industry). Aggregators that stay generous with pass-through during hard years are more agent-aligned. Ask about the last 5 years, not just the last one.
Filter by profit sharing structure, override fee, book ownership terms, and more.
Browse all 26 aggregators → Use the finder toolYes. SIAA offers profit sharing through its master agency structure. The exact program varies by master agency, so members should ask their specific master for historical pass-through numbers.
Yes. Smart Choice runs a quarterly profit sharing distribution for qualifying agents.
Yes. Keystone Insurers Group has a strong profit sharing program with relatively transparent quarterly reporting.
There is no universal answer — it depends on your book size, your carrier mix, and your loss ratios. Agents typically cite Keystone, SIAA, ISU, and Renaissance as having strong programs, but "best" depends on whether the bonus pool's carrier mix matches your book.
No. Override commission is the percentage your aggregator collects from your base commission (typically 2-4%). Profit sharing is a separate carrier-paid bonus distributed back to agents based on book profitability and growth — paid on top of your base commission.
No. Franchise networks use a revenue share model, not profit sharing. The franchise takes a percentage of every policy's revenue in exchange for branding, marketing, and infrastructure support. There is no separate carrier-paid bonus pool to distribute.
This guide reflects publicly known program structure plus agent-reported opinion as of May 2026. Profit sharing programs change frequently — always confirm specifics directly with the aggregator before signing. See our methodology for sources and limitations. Aggregators can request corrections through our corrections process.