How are IMO, MGA, and BFA different?
- Thread starter busyday
- Start date
I know not what want.
- 234
An IMO is simply an Independent Marketing Organization, also known as an FMO (Field Marketing Organization), also known as a IFMO (Independent Field Marketing Organization). This group typically operates a lead program which it uses to generate leads to sell to agents that are contracted with insurance carriers through the IMO.
An MGA is a Master General Agent/Agency.[SIZE=-1] This licensed entity manages business for an insurer and acts as a producer and/or manager of producers. MGA contracts are typically reserved for agencies who write higher amounts of annual premium.
As for a BFA.....
A Bachelor of Fine Arts is a great idea
The Bahamas Football Association is not the NFL
The Balloon Federation of American will take you higher
The Bicycle Federation of America will take you for a ride [/SIZE]
Bibles for America is a worthy cause
The British Fencing Association will get their point across
Hope that helped.
- 1,908
Oh, Oleg!
Me so much miss him!
Always want to case-split him with, coz he so well wordwise talking. His client paste much be prout of him to be their agent.
What a truant professorional was he.
Me so much miss him!
Always want to case-split him with, coz he so well wordwise talking. His client paste much be prout of him to be their agent.
What a truant professorional was he.
- 1,908
Listen,
If you're a recruiter, can you forward me your information. I host a job seekers group, and want to let everyone know who to stay away from.
or, is this......
SPAM
If you're a recruiter, can you forward me your information. I host a job seekers group, and want to let everyone know who to stay away from.
or, is this......
SPAM
jeffery_scott76
Expert
- 36
So, is that quite like the Affiliate system?
