An agent who enters into agreements with multiple insurers is referred to as?

An agent who enters into agreements with multiple insurers is termed an independent agent. This designation reflects the agent's ability to represent various insurance companies and offer a broad range of products to clients. Independent agents have the flexibility to tailor recommendations to meet their clients' specific needs, drawing from multiple sources rather than being limited to a single insurer's offerings. This model enhances the agent's capacity to find the most suitable coverage for each client, as they can compare policies and rates from different insurers.

In contrast, an exclusive agent typically represents one insurance company and sells only its products, limiting the options available to clients. A dependent agent, while not commonly referred to in standard insurance terminology, implies a relationship that lacks the breadth of independence. The term general agent is often used to describe agents who manage other agents or have a broader business scope but does not specifically indicate multi-insurer agreements. Thus, the correct term for an agent who works with several insurers is independent.