BGA, IMO, and FMO are labels you may encounter when evaluating an insurance distribution relationship. The name alone does not establish your carrier access, compensation, obligations, or available services.
Start with the actual relationship
Ask which legal entity you would contract with and which entities sit between it and the carrier. Request the applicable agreements. Confirm whether carrier access is direct or through another organization, and whether that arrangement supports your proposed state and product.
Compare written compensation terms
Ask for the schedule that applies to you and the proposed business. Identify who pays, what may be deducted or adjusted, and what governs renewals, vesting, chargebacks, and termination. Do not infer compensation from an organization’s label or a general claim about top-street commissions.
Verify the services you would use
Ask for a walkthrough of the currently available contracting, quotation, application, case-status, and commission processes. Confirm which steps require carrier systems or manual follow-up. Obtain the responsible contact and service boundary for each step.
Your licenses, appointments, training, product availability, state requirements, and carrier approvals must be confirmed for the proposed business. A distribution relationship is not itself carrier approval.
Contact our team or submit a broker inquiry to discuss the arrangement you are considering. LAD will confirm the relevant scope and next steps; this page does not promise a compensation level or contracting timeline.
For insurance professionals. Executed agreements and current carrier records control.