STARTING A NEW ARM CHAPTER

Membership Benefits

Member Agents of ARM International are more than just independent insurance agents. Their affiliation with ARM International, ARM Partners and Arthur J Gallagher & Co. (Gallagher), makes them part of a group that collectively generates over $6.6 billion in property/casualty premiums annually. ARM Agents obtain the group buying power of ARM International and access to the products, services and expertise of Gallagher, the world's fourth-largest broker.

Resources Available to the ARM International Agent:

1. Market Access - In addition to their current agency contracts, ARM Agents gain access to other markets used by members of their ARM State Group or by Gallagher.

2. Niche Expertise - ARM Agents can call on the expertise and resources available through their ARM State Executive and/or Gallagher to service their accounts on a national or international basis

3. Specialty Programs - ARM Agents can access many existing specialized programs available through their ARM State Group, other ARM International Agents or Gallagher.

4. Excess and Surplus Lines Brokers - ARM Agents can also use Risk Placement Services, Gallagher's excess and surplus lines broker, which has access to every major excess/surplus lines carrier.

Ways to Organize a Chapter

1. Group of Agents - Existing Group or Creating a New Group.

Existing Agency Network or Cluster - Many states contain existing agency groups that are already organized. These organizations can become members of ARM International, if they qualify for membership. The ideal candidate for membership is a progressive, marketing oriented, professionally managed group of agencies.

Steps in creating a New Group

a.  Identify a group of interested independent agents located strategically throughout the territory.
b.  Organize an informational meeting to discuss the development of a new Member Group
c.  Submit a completed membership application to the ARM International Board of Directors
d.  If approved, set-up a for-profit corporation using the name "ARM"
e.  Establish method of capitalization and organization of the corporation.
f.   Develop a pro forma covering projected expenses and revenue for the first three years.
g.  Identify and hire a Member Group Executive to manage the operation.
h.  Identify and develop profit-making opportunities for agent members.

2. Sole Agency Ownership - One agency can be the sole representative of ARM in a State under the right circumstances. The agency would be responsible for appointing non-owner, associate ARM International members to cover the territory. These arrangements will be considered on a case-by-case basis and approved by the ARM International Board of Directors.

ARM International Membership Application.

CLICK HERE to apply now.



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