Agents recruited, trained, and supervised by a managing employee are part of which agency system?

The correct answer pertains to the career agency system, where agents are typically employees of an insurance company rather than independent contractors. In this system, agents are recruited, trained, and closely supervised by a managing employee, often resulting in a more uniform message and approach to selling the company’s products. This system emphasizes building long-term relationships and consistent branding across agents while ensuring that they adhere to the company's policies and practices.

In contrast, the other agency systems do not operate in the same manner. The direct writing system eliminates the need for agents as it involves the insurer communicating and selling directly to the consumer. The independent agency system allows agents to represent multiple insurance companies, giving them more independence but less training and supervision from a single entity. The exclusive agency system does involve a level of exclusive representation, but agents are often not managed to the same degree as in the career agency system. Thus, the defining characteristic of agents being trained and supervised under a managing employee identifies the career agency system accurately.