Definitions for "GENERAL AGENT"
An agent who supervises other agents in a given territory and acts as an exclusive agent in this territory.
An independent businessperson who is under contract to an insurance company and whose primary function is to build and manage a field office of full-time career agents focused on distributing the products of a single company within a defined territory. See also general agency system.
In some parts of the world this term merely means an insurance agency involved in all types of insurance. In the Far East it is more likely to mean an insurance agency acting in loco parentis under a power of attorney from an overseas based insurer and empowered to underwrite risks and settle claims on behalf of that insurer.
Keywords:  skwr