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Hello. My name is***** am an attorney. I will review your question. I may need to clarify facts first. I will answer & we can discuss issues.
You can form the company in the meantime as long as no one is acting as an insurance broker without the license.
Below is a list of the biggest start-up costs. We can discuss more if you want to do so:
There are a variety of providers. Here is the estimated costs for some of them (subject to change):
Here is some information:1. NexSure: ~$1.5K to sign up + $100/mo per user. "All you can eat" - everything is included. 3 users minimum required.2. Applied TAM: $5.5K to sign up + $150/mo per user. Add another $150 for "carrier's download"3. Applied Epic: $8K to sign up + $150/mo per user. Add another $150 for "carrier's download"4. AMS InStar: $2K to sign up + $100/mo per user.5. AMS 360: $4K to sign up + $150/mo per user.6. Ebix: ? to sign up, $100 per month7. EbixASP: ? to sign up, $100 per month8. Hawksoft: ? to sign up, $100 per month9. Nasa Eclipse: from $750 to $1,200 per year per user. No sign up fees.
We can continue if you want to do so.
Here is a link to an excellent detailed guide on how to start your agency:
It reviews the whole process.
Also, here is a link to how to get your agency license for a corporation in Massachusetts:
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