Life & Annuity IMO for Agents in New Mexico

Brokers Alliance is a family-owned, independent insurance marketing organization (IMO) that has helped life and annuity agents get contracted with top carriers since 1982. If you are a New Mexico producer, we give you carrier access, case-design and underwriting support, and the agent technology to grow your book.

Get contracted in New Mexico   or call (800) 290-7226.

Selling life and annuities in New Mexico

Adopted the NAIC best-interest annuity standard. Growing final-expense and Medicare Supplement market.

To write business in New Mexico you need an active producer license issued by the New Mexico Office of Superintendent of Insurance. Once you are licensed, Brokers Alliance gets you appointed with the carriers that write in New Mexico and matches you to the products that fit your clients.

What Brokers Alliance gives New Mexico agents

  • Contracting with dozens of life and annuity carriers that write in New Mexico, through one relationship.
  • Case design and underwriting advocacy so more of your New Mexico business gets placed.
  • The myAdvisorCloud agent platform: e-app, illustrations, and pipeline tracking.
  • A back office that has handled carrier appointments since 1982. No fees to you.

How to get started in New Mexico

  1. Confirm your active New Mexico producer license with the New Mexico Office of Superintendent of Insurance.
  2. Start your contracting with Brokers Alliance.
  3. We submit and track your carrier appointments.
  4. You begin writing New Mexico business with full back-office support.

Frequently asked questions

Do I need a New Mexico insurance license to contract through Brokers Alliance?

Yes. You need an active New Mexico life (and, for annuities, the appropriate line) producer license, issued by the New Mexico Office of Superintendent of Insurance. If you are licensed in New Mexico, we can get you appointed with carriers that write there. We can also help you add New Mexico as a non-resident state.

Which carriers can I write in New Mexico?

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

Is there an annuity training requirement in New Mexico?

Most states, including New Mexico, 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 New Mexico Office of Superintendent of Insurance; 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.

Grow your New Mexico practice

Get contracted through Brokers Alliance and start writing in New Mexico. Get contracted or create your myAdvisorCloud account.

See the carriers you can write through Brokers Alliance »

Brokers Alliance is an independent insurance marketing organization. Carrier names and product references reflect carriers through which Brokers Alliance places business for its independent agents; they do not imply endorsement or exclusive appointment. Product and carrier availability varies by state and by your licensing. This page is general information for licensed insurance professionals, not legal or tax advice.