FMOs : Your Marketplace Partner
A field marketing organization (FMO) coordinates activity between provider home offices and independent agents. The organizations are also called associate field marketing organizations (AFOs), independent marketing organizations (IMOs) and national marketing organizations (NMOs) among other titles. Despite the title, the organizations are similar in that they provide cost-effective insurance products and tools via resource pooling. FMOs train agents, manage and negotiate contracts with …show more content…
The organizations research and share technological resources, provide market specific knowledge and experience and lower barriers to entry that would otherwise make success in the insurance field difficult.
Field marketing organizations manage complex accounting tasks, eliminating the need to track renewals and commissions. They also provide a central clearinghouse for numerous insurance products under one convenient portfolio, as well as continuous client leads. A field marketing organization frees agents from many administrative tasks, allowing them to focus on relationships building with clients.
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