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NAILBA Demographics
ABOUT NAILBA
NAILBA is a nonprofit trade association with over 370 member agencies in the U.S. and Canada, representing over 250,000 producers who deliver over $1 billion dollars in life insurance premiums annually.
NAILBA exists to further the growth and success of independent insurance brokerage distribution.
BY THE NUMBERS
- NAILBA members are licensed, on average, in 31 states.
- NAILBA member agencies represent, on average, 1450 agents.
- In 2008, NAILBA member agencies represented $1B of written annualized premium.
- NAILBA member agencies employ, on average, 13 full-time and 1 part-time staff members.
- NAILBA members hold direct reporting wholesale brokerage general agent contracts with an average of 17 insurance carriers.
- Almost half of all insurance agents write over 75% of their business through a brokerage general agency. Seventy percent of brokerage distribution sales in this country come from NAILBA member agencies.
- Over 60% of insurance agents write at least two product lines through a BGA, including life insurance, health insurance, annuity, and long term care products.
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