- Report: #386460
Report - Rebuttal - Arbitrate
Complaint Review: NAA And Ed Orell
NAA And Ed Orellwww.naaorell.com Lake Worth, Florida U.S.A.
NAA And Ed Orell Do NOT Get involved with Ed Orell and NAA Lake Worth Florida
*UPDATE EX-employee responds: The Irony...
*UPDATE EX-employee responds: And the point?
*Author of original report: Love your comment Jack
*UPDATE EX-employee responds: "What goes around comes around"
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I started with NAA in Apr '07 and very rapidly moved up the ranks being a top personal producer and was Promoted to Agency Manager in Nov '07. According to Old Mutual I personally placed more than 400 life policies over the course of my first year.
I made $85,000 in 2007 but spent nearly $120,000 on leads and travel expenses to run those leads. When I brought this up to Ed he just said "that it was a new business and you are supposed to lose money in the first year". I kept working..
By July of this year I had made right at $85,000 but again I had spent more than I made trying to run very expensive leads that were more than 1200 miles from my home. Finally, in July, I had to throw in the towel. My credit cards were maxed and I could no longer afford the trips that seemed to create great revenue but no net profits.
I still had a few agents working for me that seemed to be doing ok as they weren't having to travel to run the leads. But over time they started dropping off and by September I only had one guy left. During the National Convention Ed took my last guy from me. Re coded all of his business to him and then canceled my contracts with all of the carriers and to ad insult to injury froze my commissions.
Ed will use you and abuse you, the whole while leading you to believe that you need to do all these crazy thing to be successful. All these things make money for end but will put you and your family in the poor house.
STAY AWAY FROM ED ORELL!
Naa agency manager
This report was posted on Ripoff Report on 10/30/2008 03:51 PM and is a permanent record located here: http://www.ripoffreport.com/r/NAA-And-Ed-Orell/Lake-Worth-Florida/NAA-And-Ed-Orell-Do-NOT-Get-involved-with-Ed-Orell-and-NAA-Lake-Worth-Florida-386460. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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