MINNESOTA · LIFE & ANNUITY IMO

Life and annuity carrier access for Minnesota agents

Brokers Alliance is a family-owned, independent insurance marketing organization that has helped life and annuity agents get contracted with top carriers since 1982. If you produce in Minnesota, we give you carrier access, case-design and underwriting support, and the technology to grow your book.

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01 · THE MARKET

Selling life and annuities in Minnesota

Minnesota adopted the NAIC best-interest annuity standard. It is home to major mutual carriers and carries a deep whole-life and accumulation market. To write business in the state you need an active producer license issued by the Minnesota Department of Commerce. Once you are licensed, we get you appointed with the carriers that write in Minnesota and match you to the products that fit your clients.

NAIC best-interest annuity standard adopted Home to major mutual carriers Deep whole-life and accumulation market Licensed by the Minnesota Department of Commerce

02 · WHAT YOU GET

What Brokers Alliance gives Minnesota agents

One relationship, full back-office support, and no fees to you.

CA Carrier access

Contracting with dozens of life and annuity carriers that write in Minnesota, through one relationship.

UW Case design and underwriting advocacy

Hands-on case design and underwriting advocacy so more of your Minnesota business gets placed.

MC myAdvisorCloud platform

The agent technology for e-app, illustrations, and pipeline tracking, all in one place.

BO A proven back office

A back office that has handled carrier appointments since 1982. No fees to you.

03 · GET STARTED

How to get started in Minnesota

Four steps from license to writing business, with us handling the paperwork.

01 Confirm your license

Confirm your active Minnesota producer license with the Minnesota Department of Commerce.

02 Start contracting

Start your contracting with Brokers Alliance.

03 We submit and track

We submit and track your carrier appointments for you.

04 Begin writing

You begin writing Minnesota business with full back-office support.

04 · FAQ

Frequently asked questions

The questions Minnesota producers ask us most before contracting.

Do I need a Minnesota insurance license to contract?

Yes. You need an active Minnesota life license, and for annuities the appropriate line, issued by the Minnesota Department of Commerce. If you are licensed in Minnesota, we can get you appointed with carriers that write there. We can also help you add Minnesota as a non-resident state.

Which carriers can I write in Minnesota?

Carrier and product availability varies by state. Through Brokers Alliance you can get appointed with dozens of life and annuity carriers that write in Minnesota. Our contracting team confirms which products are available to you before you write.

Is there an annuity training requirement in Minnesota?

Most states, including Minnesota, require a one-time annuity training course plus carrier product-specific training before you can sell annuities, under the NAIC suitability framework. Check current requirements with the Minnesota Department of Commerce, and we will tell you what each carrier expects.

Does it cost anything to contract?

No. Contracting and our agent support are free to you. We are paid by the carriers.

Ready to grow your Minnesota practice?

Get contracted with Brokers Alliance and start writing Minnesota business with full back-office support. Call (866) 872-9394 or reach out and the team will take it from there.

Get contracted