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The name was changed again in 1975 to the Independent Insurance Agents of America. In 2002, the association became the Independent Insurance Agents & Brokers of America (IIABA or the Big "I") to encompass the group's entire membership of independent insurance agents and brokers. Robert Rusbuldt is the current Big "I" president & CEO.
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 ...
One of the best benefits of working with an independent insurance agent is having them shop for insurance quotes for you. With access to multiple companies, the agent can check rates and coverage ...
Auto-Owners began writing insurance in Indiana, its first state outside of Michigan, in 1935. They now offer insurance in 26 states through local, independent insurance agents. [4] The company has been a member of the Fortune 500 since 2003. [5] In 2020, Auto-Owners Insurance was listed at number 320. [5]
Unlike insurance agents who service one or more insurance companies, brokers represent clients, helping them find the best insurance policies to meet their unique needs. While using a broker can ...
8. Wait for approval. When the application process is complete, your job is done. The insurance company’s underwriter will take the information gathered from your application, phone interview ...
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