Which system allows agents to oversee their own expiration lists?

The independent agency system is the correct choice because it empowers agents to manage their own expiration lists. In this system, agents operate as independent businesses rather than employees of an insurance company, allowing them greater autonomy and flexibility. They represent multiple insurers and have the ability to tailor insurance solutions to their clients' needs.

This independence extends to managing their client relationships and tracking policy expirations without the constraints imposed by a single insurance carrier’s guidelines. As a result, agents can build and maintain their own databases of clients, along with tracking when policies are set to expire, enabling them to proactively engage clients for renewals or new coverage options.

In contrast, other systems, such as direct writing and exclusive agency systems, tie agents to specific companies or restrict their scope of operation, limiting their ability to oversee their own expiration lists in the same manner as independent agents. The direct response system eliminates agents entirely, relying instead on direct communication between insurers and consumers. Thus, agents in the independent agency system have the optimal structure for managing their own business and client relationships effectively.