Insurance Agent

An insurance agent is an individual licensed to market, solicit, negotiate and sell insurance in one or more states. Agents represent insurance companies who are the manufacturers (and risk takers) of insurance products. At the highest level, insurance agents market, sell and negotiate insurance coverage on behalf of individual and group clients. In addition to recommending and placing insurance for their clients, insurance agents also provide ongoing customer service and negotiate policy renewals. Insurance agents can be independent and represent many different insurance companies and products, or they can be captive and able to discuss and sell one insurance company’s product line. Insurance agents are typically compensated through commissions paid by insurance companies on product sales and renewals.