NAILBA 28
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.

 

NAILBA