About 18 months ago, managing general agents
were seeing standard-lines carriers take back accounts in the $200,000 range.
As a result, the world where insurers, managing general agents
, and brokers each had their own imaging systems and data forms reflecting their own individual touches was dying.
Li Jun, CEO of CCID Consulting, says China P&T and Telling, the two largest national general agents
in China respectively, released sales figures which startled the industry in early 2007; both achieved growth much faster than average market growth during the same period.
A managing general agent
wants to organize an agent-owned offshore captive insurance company.
There's a huge opportunity with managing general agents
and retail agents to have more efficient interfacing as well," Deibler said.
The company markets its products directly and through a network of over 125 general agents
and service organizations, allowing it to reach over 5,000 franchised and independent automobile dealerships, and over 500 credit unions, banks, specialty lenders, and manufacturers.
According to the company, the Crawford inspired succession model not only allows their agencies to continue to thrive when a General Agent
retires, but also enables General Agents
to reap the rewards of building a successful practice.
where he served as Senior Vice President and Branch Manager of the company's Westport office specializing in large Managing General Agent
accounts while directing the Benfield Program Solutions team.
March 27 /PRNewswire/ -- The MassMutual Financial Group announced that its San Francisco Bay Area Agency, under the leadership of General Agent
Robert Fakhimi, has earned a fourth consecutive Massachusetts Mutual Life Insurance Company's (MassMutual) National Chairman's Trophy.
Larry Berran, President and CEO of iPipeline, commented, "Our general agent
customers have been requesting Coventry First's information be added to iPipeline's tools on their websites to expose the secondary market to their agents and to make it easier to do business.
For us, it's better to pay more commission to delegate more responsibility to a general agent
and scale back our employee count.
Rising interest rates, new competitors, more demanding customers and the evolving business needs of top producers fueled the growth of two channels-- the personal producing general agent
and life brokers.