Bank of America Corp (NYSE: BAC) has said that it would avoid offering mortgages through
independent brokers.
This is the kind of advantage that
independent brokers provide because their very livelihood is tied to the firm through personal ownership--and their clients' success means their success.
The first group was previously known as
Independent Brokers, but is currently working on a new name because of concerns that even large firms have
independent brokers.
created Web portal Life App Express to streamline the company's application process for its career agents and
independent brokers.
Sovereign offers primarily mid to small commercial lines coverage through
independent brokers across Canada.
Distribution: Captive agents and
independent brokers.
announced that 28
independent brokers have joined the Home-Link program via a single contract with the
Independent Brokers Network (IBN).
Centum provides industry leading mortgage business systems support, technology, expertise, financial products and relationships to enable
independent brokers to effectively compete and succeed in their local marketplace.
Distribution: Career agents,
independent brokers, wirehouses, banks, other financial institutions, regional
independent broker-dealers
In the past, we've had opportunities through carrier groups to get to know other
independent brokers in the same market segments we serve.
About 68% of
independent brokers use the Internet for business purposes, and 55% use it for business purposes on a daily basis, according to a survey commissioned by Benefitmall.
ResMAE's Broker Direct division handles business with
independent brokers via phone, fax, email, and through online submissions.
