Insurance Agents & Brokers, An Overseas license?
Marsh, Aon, and Willis all recently reported organic growth in premium due to overseas insurance sales. Is this the future for small independent brokers in the US? Most likely. As the US economy sputters and the premium pie gets sliced up more and more, doing business overseas becomes are real strategy. The internet and modern travel effeciencies make having an office in other countries possible even for smaller brokers. How fast this happens will depend on the US economic recovery. Until next time be careful out there and know your risks. K