American Agency System

Dictionary Says

Definition of 'American Agency System'

A method of selling insurance policies in which independent insurance agents locate the best insurance policies for their customers and receive a commission for each insurance policy sold. The American agency system uses independent agents who can sell policies from a wide variety of companies, unlike captive agents, who can only sell one company's insurance products.
Investopedia Says

Investopedia explains 'American Agency System'

While many insurance customers these days are accustomed to calling different insurance companies and comparing quotes online, an independent agent, working in the manner known as the American agency system, does the work of researching different policies and companies on the customer’s behalf. This may help a customer obtain a better deal.

Search results for

'American Agency System'

  • Introduction To The Chinese Banking System

    http://www.investopedia.com/articles/economics/11/chinese-banking-system.asp
    ... including Citigroup (NSYE:C) and American International Group ... the national level
    that regulate the banking system. Each state also has an agency that regulates ...
  • Obama's New Deal - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0609/Obamas-New-Deal.aspx
    ... changes to America's financial regulatory system; changes which ... The new consumer
    protection agency would primarily ... Many American's are unhappy with the huge ...
  • Fannie Mae And Freddie Mac, Boon Or Boom?

    http://www.investopedia.com/articles/07/fannie-freddie.asp
    ... roll they play in financing American homeownership ... risk they pose to our entire
    financial system. ... able to issue corporate debt, known as "agency debentures", at ...
  • FINRA: How It Protects Investors

    http://www.investopedia.com/articles/financial-theory/11/finra-history-overview.asp
    ... Association of Securities Dealers, a self-regulatory agency that oversaw all of ... This
    computer-based trading system merged with the American Stock Exchange ...
  • Series 6 Study Guide - Investment Securities - Other Types of ...

    http://www.investopedia.com/exam-guide/finra-series-6/investment-securities/other-types-of-equity-securities.asp
    ... American Depository Receipts (ADRs) Foreign corporations may choose to "list" their
    shares on US stock exchanges by issuing American Depository Receipts. ...
  • Services That Health Insurers Often Decline

    http://www.investopedia.com/articles/insurance/09/services-health-insurers-do-not-cover.asp
    ... about healthcare that creates an agency problem among ... is not an "early adopter" system;
    therefore, most ... to its northern neighbor, the American maternity leave ...
  • Top 6 Factors That Drive Investment In China

    http://www.investopedia.com/articles/economics/09/factors-drive-investment-in-china.asp
    ... required to have a Chinese government agency or local ... The justice system should also
    have effective mechanisms for ... An American product that is subject to high ...
  • Credit Crisis: Bird's Eye View | Investopedia

    http://www.investopedia.com/university/credit-crisis/credit-crisis5.asp
    ... 2008, the Federal Housing Finance Agency (FHFA,) in ... On September 16, American
    International Group (AIG), once ... that might have ensued in the financial system. ...
  • Short The Canadian Housing Bubble

    http://stocks.investopedia.com/stock-analysis/2010/Short-The-Canadian-Housing-Bubble-FRE-FNM0511.aspx
    ... And unfortunately, the American housing bubble may prove to ... CMHC) is Canada's national
    housing agency used to ... boring but prudent financial system has somehow ...
  • Fannie Mae, Freddie Mac And The Credit Crisis Of 2008

    http://www.investopedia.com/articles/economics/08/fannie-mae-freddie-mac-credit-crisis.asp
    ... (For more on agency debt see, Agency Bonds: Limited ... American taxpayers were left
    on the hook for future losses ... risks to the global financial system these firms ...

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