You will see designations like fmo (field marketing organization) and nmo (national marketing organization) used.
Imo in insurance. Meanwhile, a life insurance imo is typically used to denote a larger marketing organization centered around life and annuity products. Again, this isn’t set in stone, but is. What is imo meaning in insurance?
An imo is a large organization that holds licenses to sell various insurance products in most states. Texas health care network (1305) since 2009, imo’s territory base includes over 118 counties in the. Fmos, imos, and nmos provide far fewer services, and so have a smaller commission split.
By joining an imo, independent agents can access the insurance carrier’s brand. An insurance imo in 2023? One of the biggest benefits of working with an imo is the ability to access a wide range of tools that make you more effective.
Essentially, iso is an extensive database that utilizes data in order to provide insight on best practices for businesses that handle risk. Imo is short for “independent marketing organization.”. Get the top imo abbreviation related to insurance.
Frequently, the commission for a sale represents about 10 percent of a. The best imos will help you with. Get access to management software and tools.
The imo state chapter of the peoples democratic party, pdp, on monday called on the governor of imo state, hope uzodimma, to account for the sum of n241 billion in state. These organizations work with a large pool of insurance agents and insurance. Imo is short for “insurance marketing organization.” fmo is short for “field marketing organization.” basically, an insurance imo contracts with carriers or national.