captive agent


An insurance agent working exclusively for a single company, as opposed to an independent agent.

Use captive agent in a sentence

He was a captive agent and that meant he was working with a single company and not an independent agent.

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My brother sells insurance, but because he is a captive agent he can only sell his customers policies from one insurance company.

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Leonard was tired of struggling as an independent insurance agent and began looking for a position as a captive agent instead, excited by the possibility of working exclusively for one company.

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capping captive insurance company