Affinity Insurance Brokerage: A Primer on Compensation to Unlicensed Parties
Attorneys' Notebook, Guest Article
By Bill Megna and Jim Burns of Genova, Burns, llc Affinity insurance brokerage, a sales model whereby an insurance producer gains access to potential insureds through a sponsoring organization, typically an unlicensed entity, is nothing new. Trade associations, fraternal societies and clubs of all sorts have for decades entered into arrangements with licensed insurance producers […]
