Producer OR Agent

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Producer OR Agent It is an individual who sells, services, or negotiates insurance policies either on behalf of a company or independently. Insurance producers are required to be licensed in their jurisdiction of operation in which they sell insurance. This may require passing an examination or meeting specific educational and/or ethical requirements. Now I'm going to let you in on an industry secret “producers” and “agents” are really the same person. The term “producer” is more of an insurance industry term while “agent” is a more common term but both are used to identify the person you can contact to set up and officially start your policy. There are basically two broad categories of insurance agents; independent insurance agents who work with every insurance company and Captive agents that sell insurance for one specific company, only. This particular insurance company is, typically, a “name brand” company. Some of the responsibilities for Insurance Producers are: -Ability to network and develop leads. -Use lead lists to establish contact and schedule appointments. -Meet with prospective clients. -Meet with existing clients to perform annual reviews. -Must conduct phone prospecting, face-to-face prospecting and through social media efforts. If you're thinking of becoming a producer then you made the right decision. #BeNewinsurance #InsurTech #inclusiveinsurance #insurance #reinsurance #takaful #climaterisk

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