An insurance agent who markets and sells insurance policies for a specific insurance company. (See also, Exclusive Agent.)
An insurance agent working exclusively for a single company, as opposed to an independent agent.
A captive agent sells policies for only one company. Captive agents have an agreement with their company that they will not submit business to any other company unless it is first rejected by their primary company. (similar to Exclusive Agent)
An agent that represents the insurance products of a single company.
An insurance producer who sells insurance for only one company or group of companies.
An insurance agent who represents one insurance company. Captive agents are not permitted to submit business elsewhere unless his home agency permits it.
An agent who sells insurance for only one company, as opposed to an independent agent who represents several companies.
A representative of a single insurer. In the case of captive agents, the insurer owns and controls expiration dates and policy records. A captive agent is a member of what may be called an exclusive agency system.
Representative of a single insurer or fleet of insurers who is obliged to submit business only to that company, or at the very minimum, give that company first refusal rights on a sale. In exchange, that insurer usually provides its captive agents with an allowance for office expenses as well as an extensive list of employee benefits such as pensions, life insurance, health insurance, and credit unions.
An agent who, by contract, represents only one company and its affiliates.
An insurance agent who is under contract to only one insurer and who is not permitted to sell the products of other insurers. Also known as exclusive agent. Contrast with broker.
(Agent captif) Agents who place all their business with one insurance company are known as "captive agents." In some instances they may be salaried employees of the company. In others they may be selling the insurance on a commission basis, but have a contract to write only business that would be acceptable to the one insurance company.
A person who represents only one insurance company and is restricted by agreement from submitting business to any other company, unless it is first rejected by the agent's captive company.
One who sells insurance for only one company as opposed to an agent who represents several companies. See also Exclusive Agency System.
A licensed insurance agent who sells insurance for only one company.
