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Enrolled Agent: EA Fraternal Insurance Counselor Fellow FICF National Association of Fraternal Insurance Counselors: Fraternal Insurance Counselor: FIC Certified Corporate FP&A Professional: FP&A Association for Financial Professionals ISSP Sustainability Certified Treasury Professional: CTP Certified Trust and Financial Advisor: CTFA
Independent insurance agents primarily earn a living through commissions paid by the insurance companies they represent. The amount they earn is based on a percentage of the premiums of the ...
The association was founded in 1896 as the National Association of Local Fire Insurance Agents. In 1913, the organization changed its name to the National Association of Insurance Agents when it expanded to include property-casualty business and coverages. The name was changed again in 1975 to the Independent Insurance Agents of America.
Independent agents are independent contractors for the insurance companies they represent. Several companies may authorize the agent to sell for them, but the agent remains an independent businessperson. While the agent collects commissions, they do not collect a salary from the companies they represent. On average, independent agents work with ...
To further complicate things, there are different types of agents. A captive insurance agent works exclusively with one insurer, selling only that company’s products (e.g., a State Farm agent ...
The Bottom Line. broker in insurance. Insurance brokers can help take the pain out of shopping for a new policy. Instead of comparing several options from dozens of insurers on your own, a broker ...
Erie Insurance Group, based in Erie, Pennsylvania, is a property and casualty insurance company offering auto, home, business and life insurance through a network of independent insurance agents. As of 2021 [update] , Erie Insurance Group is ranked 347th on the 2021 Fortune 500 list of largest American corporations, based on total revenue for ...
A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete specific training and be registered with a regulatory body in order to provide advice.