| Aspect | Managing General Agent | Insurance Agent |
|---|
| Credentials | Licensing, sometimes additional certifications | Licensing, state-specific |
| Work Environment | Manages policies, oversees agents, works closely with insurers | Sells policies directly to clients, independent or employed |
| Employer & Industry Usage | Insurance companies, managing policies and distribution | Insurance agencies, selling policies to consumers |
Managing General Agents (MGAs) typically hold more responsibilities, including underwriting and policy management, and work closely with insurance carriers. Insurance Agents focus on selling policies directly to clients. While both require licensing, MGAs often have additional certifications and operate in a managerial capacity within the insurance industry.