References

  1. The claim Brightway’s Retail Agency model has produced over 100 $1 million Agencies can be found in Table 1 of Item 19 of Brightway Insurance Inc.’s Franchise Disclosure Document issued April 26, 2022, which includes the Annualized Premium of the 143 franchisees operating the 158 Included Retail Agency Locations, which is a commonly referenced metric used in the insurance industry to determine agency size. The Included Locations were open for more than twelve months as of December 31, 2021. \
  2. Franchise fee to open an agency in the state of Florida is $60,000.
  3. This representation can be found in Table 5 of Item 19 of Brightway Insurance LLC’s Franchise Disclosure Document issued April 26, 2022, which includes results for 61 Retail Agency locations that were open for five full years as of December 31, 2021 and that meet our current staffing requirements (minimum 3 producers). The term “Revenue” means the total commissions paid to AAOs during the 2021 calendar year in each subset, inclusive of any bonus payments through the “Horizons” program. See Table 5 of Item 19 for more information.
  4. This information can be found in Table 3 of Item 19 of Brightway Insurance LLC’s Franchise Disclosure Document issued April 26, 2022, which includes Locations that opened after January 1, 2018, did not convert model types, have at least one full year of operations and remained open as of April 26, 2022. Each Year represents data for any agency based on number of full twelve-month periods of operation. “Average Producers” was calculated by identifying the number of producers (including owners) associated with an included Location during Year 1 or Year 2 (with proportional reductions for producers who were affiliated with the Location for less than the entire year). “Production” includes all new business production for all lines of business. See Table 3 of Item 19 for more information.

This is not an offer.  An offer can only be made by Franchise Disclosure Document only. Any offering made in connection with a franchise subject to the jurisdiction of New York State can only be made by a prospectus filed first with the Department of Law of the State of New York. Such filing does not constitute approval by the Department of Law.

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