Direct Response

Managing General Agent (MGA)

(memorize)
MGA acts as an agent and produces and underwrites gross direct written premium equal to or more than 5%.

(memorize)
MGA adjusts or pays claims in excess of an amount determined by the commissioner.

(memorize)
MGA negotiates and binds ceding insurance on behalf of the insurer.

Home Service

Non-insurance Sponsors

Distributing Systems

Agency

Exclusive (Captive)

Independent