Peggy is an independent insurance agent who places substantial amounts

Peggy is an independent insurance agent who places substantial amounts of business with XYZ Insurance Company. XYZ pays Peggy a bonus when she meets a sales goal. XYZ also allows Peggy to recruit and train sub-agents.

She receives additional commissions based on the sales generated by the sub-agents. Based on this description, we can conclude that Peggy is a
A) direct writer.
B) personal producing general agent.
C) multiple line exclusive agent.
D) broker.

ANSWER

Answer: B