What’s New at The Walnut Group

The Walnut Advisory Corporation was advised today by the American Association of Managing General Agents (AAMGA) that we have just been admitted to this prestigious organization. The formal announcement will be made at a ceremony in January, 2008. The AAMGA is an international trade association comprised of the premier wholesale property and casualty agents and companies in the insurance industry. To gain admittance to AAMGA a Managing General Agent must operate three domestic programs and one international program for a minimum of three years each without interruption. The Managing General Agent must also be voted in by their peers in their geographical territory of operation and in their home state.

The AAMGA is committed to fostering the business partnerships, professionalism, trusted expertise and exchange of knowledge among its members. These qualities provide the foundation on which the AAMGA and its active managing general agent members; associate insurance, reinsurance, broker, third-party administrators, law firms, Lloyd’s of London Syndicates and London Market Company members; and business services members provide innovative products and specialized services with reliable continuity to the marketplace, and work to remain as a dynamic and credible authority to influence matters of importance to the global insurance community.

Membership in the AAMGA is highly selective and, therefore, the managing general agents admitted to the ranks are those who annually subscribe to a Code of Ethics and demonstrate the highest standards of excellence, experience, integrity and insurance company representation.