The American Association of Managing General Agents voted to expand membership to include all wholesale insurance professionals with underwriting or binding authority.
Prospective members must also meet other standards set by the association, such as minimums for years in business and annual written premium.
Membership—which had been open to managing general agents, national and international insurance companies, business services, and stamping offices—will now include MGUs, program administrators, aggregators and other wholesale insurance professionals.
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