For 87 years, the American Association of Managing General Agents (AAMGA) has nurtured a reputation and culture based on integrity, professionalism and strict membership standards. These characteristics have distinguished the association and served as a source of pride for its members.
In May, the AAMGA board of directors proposed bylaw changes to broaden the association's membership base to represent the entire wholesale insurance market. The ensuing dialogue—with our current members and the industry as a whole—has centered on how we will continue to differentiate ourselves from other industry associations and maintain our unique culture.
We have emphasized that the respected culture of AAMGA will remain intact, from the relationship-oriented atmosphere of our annual meetings to the integrity and professionalism that defines us. We have shared our plans to manage growth methodically by maintaining membership requirements such as underwriting or binding authority, minimum years in business, minimum premiums written and board approval.
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