Ironpeak review for insurance agencies: fees, carrier access and book ownership
Ironpeak is a family-owned network of independent agencies in 48 states. Members get a code or subcode with Ironpeak carriers and deal with the underwriters themselves.
There are no entry fees, dues or termination fees. Ironpeak is paid by carriers and shares commission and bonus money back to members through its PartnerPlan.
Carriers let an agency sell their policies through an appointment. A network's own appointment is its master code, and a subcode is a member's code listed beneath it.
The commission split is the cut of each commission the network keeps. Profit sharing is a yearly carrier bonus for business that is profitable and growing. Book ownership decides who keeps the clients and their expirations, the renewal records for each policy, when you leave.
- Best for
- Established agencies that want more carriers and profit sharing without paying dues
- Entry fee
- $0
- Monthly fee
- $0
- Commission share
- Set by your PartnerPlan level
- Carrier access
- Your own code or subcode with each carrier
- Startups
- Agencies with a minimum premium
- States
- 48
Our take
Ironpeak suits an established agency that wants more markets and better profit sharing while keeping full control. Its FAQ says it takes no equity and lets you sell to anyone.
It is not built for a brand-new agency, since it looks for a minimum premium and most members are much larger. The PartnerPlan percentages are only in the Member Agreement.
Pros
- No entry, monthly or termination fees
- Says you can sell to anyone, whenever you like
- Profit sharing from $100,000 in carrier premium
- Codes with each carrier and direct underwriter contact
- Family-owned, with no outside investors
Cons
- Not built for brand-new agencies
- PartnerPlan percentages are private
- No central placement desk
- No group E&O program
Who they take
- Startups
- Ironpeak looks for a minimum premium to join
- Requirements
- Fit with its carrier partners and a plan to grow. Most members write from $2 million to more than $200 million in premium
- Production minimums
- No network-wide minimum. Profit sharing starts at $100,000 in carrier partner premium
- States
- 48, in seven regions
- Lines
- Preferred personal lines, small commercial, middle market and specialty
What it costs
Ironpeak earns its money from carriers rather than from members. Its PartnerPlan decides what share of commission and bonus money you receive, and that share rises as you send more business.
Whether Ironpeak keeps any of your base commission is set in the Member Agreement, which is not public.
| Fee | Amount | How often |
|---|---|---|
| Entry fee | $0 | Not charged |
| Franchise fee | $0 | Not charged |
| Monthly dues | $0 | Not charged |
| Termination fee | $0 | Not charged |
Fees as of October 2026, from ironpeak.com. The PartnerPlan percentages are in the Member Agreement, not on the site.
How you get carrier access
Your own appointments
You can keep working with carriers outside Ironpeak.
The network's code
Through Direct Access, each member gets a code or subcode with Ironpeak carriers and works their underwriters directly. There is no central placement desk.
- Who holds the appointment
- Ironpeak sets up the carrier relationship. You get the code or subcode
- Carriers
- Travelers and many others, shown by state in its carrier finder
How you get paid
- Commission schedule
- Set by PartnerPlan. Your share rises with your participation level
- Profit sharing
- From $100,000 in carrier partner premium, based on the premium and loss ratio you have with each carrier.
- Bonuses
- New business overrides (extra commission a carrier pays on top of the base rate) and monthly commission boosts through PartnerPlan
Your book and leaving
In a 2025 trade interview Ironpeak said it has no ownership of the book. Its FAQ confirms it never takes equity and that you can sell to anyone. The Member Agreement is not public.
- Who owns the expirations
- You, as Ironpeak said in a 2025 trade interview
- Selling your agency
- To anyone you choose, whenever you choose
- Liens and transfer fees
- No termination fee and no buyout
Term and exit
- Exit fee
- $0
Technology, E&O and support
Technology
- No agency management system required
- Setup and conversion discounts on HawkSoft
- Partners include AgencyZoom, Canopy, PL Rating, Tarmika, AMS360, Applied Epic, EZLynx and QQCatalyst
Help you get
- Regional managers who help place hard risks
- Valuations and perpetuation advice through INS Capital Group
- Agency loans through Live Oak Bank
- Optional marketing and training partners
Who owns the network
- Owner
- Family-owned, with no outside investors
- Buys member agencies
- No
Ironpeak alternatives
- SIAAHelps you win direct appointments through a regional Master Agency
- Smart ChoiceNo monthly feeNo entry or monthly fee, keeps 30% until a set commission level, then nothing
- RenaissanceMonthly fee with a first-year earnings guarantee, 23 states
- FirstChoice$500 a month, per PIA associationsFlat monthly fee, your own appointments and, it says, no noncompete
- Combined Agents of AmericaMember-owned, for established agencies in the central states
See every option in insurance agency clusters and networks.
Frequently asked questions
How much does Ironpeak cost?
Nothing up front and no dues. Ironpeak is paid by carriers and shares money back through PartnerPlan.
Do I own my book with Ironpeak?
In a 2025 trade interview Ironpeak said it has no ownership of the book. Its FAQ confirms you can sell to anyone, and the Member Agreement is not public.
Does Ironpeak take startup agencies?
It looks for a minimum premium, and most members write $2 million or more.
When do Ironpeak members get profit sharing?
From $100,000 in carrier partner premium, based on the premium and loss ratio you have with each carrier.
How we researched this review. We based this review on the terms and product pages published by Ironpeak, reviewed in October 2026, together with our team's experience working with insurance agents and agency owners since 2008.
Corrections
Vendors change their pricing all the time and they don't email us when they do. So if you see a price on here that's gone up, a plan Ironpeak quit selling or a contract term that reads different now, let us know and send the link to the page where Ironpeak has it. Somebody here pulls up that page and checks it before we change anything on ours.