Definitions for "independent agent"
Related Terms:
Captive agent, Insurance agent, Direct writer, Managing general agent, Producer, Insurance broker, Exclusive agent, Mga, General agent, Independent agency system, General agency system, Nonadmitted insurer, Surplus lines, Non-admitted insurer, Broker-agent, Insurer, Other insurance, Insurance company, Fronting company, Association of british insurers, Insurance company, Direct insurer, Joint underwriting association, Adjuster, Underwriters, Mbi, Rent-a-captive, Fronting, Captive insurer, Underwriter, Captive insurance company, Unauthorized insurer, Assigned risk, Independent adjuster, Conditions, Purchasing group, Public adjuster, Insurer, Insurance adjuster, Utmost good faith, Mechanical breakdown insurance, Authorized insurer, Captive , Self-insured retention, Retention, Cover, Admitted company, Additional insured, Life underwriter
An insurance agent who represents multiple insurance companies, not just a single one.
A "retailer" of insurance who, by contractual arrangement with a number of insurance companies, sells and services property and liability insurance. The independent agent "owns" the policy information and expiration dates of his client’s coverage and thus controls renewals and their placement.
One who has the unlimited ability to select the best product for the consumer from virtually any insurance company.
A contractor who represents different insurance companies, is not controlled by any one company, and earns commissions from policies sold.
An Agent, not in the employ of the Insurance Company, who is licensed to represent an Insurance Company for the purpose of selling insurance policies. (See also, Agent.)
An agent who is authorized to write insurance for more than one insurance company.
An insurance agent or insurance producer who is not an employee of an insurance company or health plan and is free to represent more than one company.
An agent who is not an employee of an insurer, but who usually represents a number of insurers. See Agent.
This is an insurance salesman that is not directly employed by an insurance company, but sells products from a variety of companies on a commission basis.
An agent who represents more than one insurer, often eight or more different companies.
an agent that services a single publication/subscription pair
a person who works for himself in an independent contractor capacity when engaging in activities on behalf of a foreign corporation in the United States
a producer, or seller of insurance, who represents several unrelated insurance companies
An independent agent represents several different insurance companies and searches the market for the best place for a client's business.
An independent agent is a self-employed agent who represents multiple insurance companies.
Agent who represents many insurance companies, rather than a single company. Also called a nonexclusive agent.
A self-employed insurance agent who represents several companies and is paid on commission.
An independent agent is an individual who usually represents two or more insurance companies by selling and servicing their policies and who is paid by commissions on each policy sold.
Contractor who represents different insurance companies and who searches the market for the best coverage based on a client's insurance needs.
An independent contractor who sells insurance usually on behalf of more than one insurance company under the independent agency system. Independent agents operate their own business, own the records of the policies sold through them, and are compensated by commissions or fee.
An agent who represents several companies as an independent contractor rather than an employee.
A property-casualty insurance producer who sells insurance as an independent contractor while representing one or more insurers of that agent's choosing on a commission basis, and who owns the expiration records of customers served. The independent status is further illustrated by the selling functions performed, which are not directed by the insurer, as would be the case if the agent were an employee. Those functions include contacting prospective insureds, effecting insurance, issuing policies, collecting premiums (in many or most cases), settling some losses of small amounts,and generally representing the insurers in the agent's community as part of the American agency system. By contrast, the direct writing insurer directs the selling functions of its agents, known as exclusive agents, and owns the expiration records.
An self-employed insurance agent who represents several insurance companies. McGhee Insurance Agency is an independent agency.
An independent agent is a business person who represents two or more insurance companies in a sales and service capacity and who is paid on a commission basis.
Agent who is self-employed, is paid on commission, and represents several insurance companies. (See Captive agent )
An agent operating as an independent contractor under the independent agency system.
An independent business person who usually represents two or more insurance companies in a sales and service capacity and who is compensated by commissions.
A person operating under the American Agency System, representing several property and liability insurers, and dividing the policies he or she writes among the various companies represented.