The main objective of a quality FMO is excellent communication. This may be in the form of marketing to generate leads, or it could be sales training for the agent. Excellent communication is essential to ensure that everyone is aware of the various amendments tabled in the sector. While a start-up organization on the surface with a nice website and great promises may look good, FMOs, which have been in business for a long time, usually have the experience and knowledge to guide you in the right direction. That`s why we`ve become a versatile support organization that will give you everything you need to focus on growing your business. A field marketing organization (FMO) is basically the same as an independent marketing organization (IMO). FMOs are generally high-level organizations that are allowed to sell health insurance products in most, if not all, states. They work with hundreds of agents and several large and small carriers across the United States. Almost all FMO contracts are directly with carriers, and FMOs are generally able to offer agent contracts that offer higher-level commissions. While the line between certain types of insurance marketing organizations may still be blurred there, there is a reason for that; In fact, there are no defined standards for categorizing these marketing organizations. This means that if you haven`t noticed, there`s definitely a hierarchy to different marketing organizations/entities out there. This hierarchy stretches from top to bottom, FMOs/IMOs/NMOs MGAs/BGAs WAs Writing Agents.
(There may be more sub-levels, but these are the general categories.) And in general, the more these leaders go, the more commissions you receive! But under no circumstances do you unsettle small organizations for that reason alone. This reflects the fact that marketing organizations do not have a defined industry standard for what they call themselves. This can make it more difficult for agents to distinguish each other`s missions. As with national marketing offices (NMOs), FMOs and IMOs can be this type of organization. In fact, you can hear an FMO or IMO are called NMO. There is really nothing that distinguishes the NMOs from IMO or DES. This is only a neutral term for FMOs and IMOs that do business in the United States, or for those who can sell health and life products.