Brokerage General Agent


Also found in: Acronyms.

Brokerage General Agent

In insurance, a person who finds and trains insurance brokers. The brokerage general agent sells insurance policies to the brokers, who then sell them to individuals and/or companies.
References in periodicals archive ?
In the past, most insurers have accessed these channels through brokerage general agents or independent marketing organizations, particularly to sell fixed products, such as universal life and term life.
New York Life's Advanced Markets Network operates through producers, marketing organizations, brokerage general agents and COLI and BOLI organizations that are active in the upscale wealth transfer and/or executive benefits markets.
MONY Group New York has added high-service underwriting to its plan to develop distribution through brokerage general agents with the creation of an underwriting unit in Simsbury, Conn.
As West Coast Life Insurance approaches its 100 year anniversary in 2006, it has over $170 billion of life insurance in force, over 400,000 policy holders, and contracts with over 400 independent Brokerage General Agents that service more than 55,000 agents.
AXA Equitable's proprietary life insurance products are sold on a wholesale basis primarily to brokerage general agents (BGAs).
The expanded support enhances service for its existing LTCI channels including career agents, its national account team, managing general agents (MGAs) and banks, and allows the company to serve two new channels, brokerage general agents (BGAs) and broker-dealers.
At the same time, responding to the changing needs of Brokerage General Agents (BGAs), E-Z Data is currently porting the functionality of its well-known Commerce Agency product with its web-based Enterprise CRM Platform(TM) (ECP(TM)).
Using iPipeline's tools, Brokerage General Agents can publish Prudential's life, annuity and LTC products on their agency web site.
MONY Partners, which wholesales MONY's individual life and annuity products, will provide the MONY Fixed Annuity through a number of channels, including brokerage general agents and The MONY Group's retail distribution channels.
We're excited to have our product and underwriting information so readily available and believe that Brokerage General Agents and their brokers will benefit from having access to our competitive product offering.
NYSE:MNY), a nationally recognized leader in insurance and financial services products provided through its member companies, today announced the opening of a new underwriting unit at its MONY Life Insurance Company (MONY) subsidiary that will focus on the specific needs of brokerage general agents and their customers.
Berran, President of iPipeline, commented, "UnumProvident products will provide our Brokerage General Agents and their agents with unique quality products at competitive prices.