Eligibility for the NAILBA Agency Successor Networking Group

A former partner with Koresko Financial, Lawrence “Larry” Koresko now serves as the president of INSMAX Insurance Brokerage, Inc., from his headquarters in Philadelphia. Beyond this, Lawrence Koresko retains membership to the National Association of Independent Life Brokerage Agencies (NAILBA), a leading insurance agency organization.

NAILBA created its Agency Successor Networking Group (ASNG) in 2011 to provide leadership and skills training to those transitioning into roles as the principals of their insurance agencies. To enroll in the ASNG, prospective participants must meet at least two of the following requirements:

1. Has served as an agency principal for less than three years.

2. Owns a 25 percent stake in an agency and has at least a verbal promise from the sitting principal that the participant will succeed said principal.

3. Has received written or verbal confirmation of succession to an NAILBA agency and will ascend to principal status within five years.

4. Received a recommendation and commitment from their agency’s current principal that he or she will succeed said principal within the next five years.

NAILBA Offers NAILBA University for Continuing Education

Lawrence “Larry” Koresko was most recently partner at Koresko Financial. While there his responsibilities included recruiting and educating new brokers while ensuring the company's growth. A resident of Philadelphia, Lawrence Koresko is currently the president of Insmax Insurance Brokerage, where he focuses on business development and the professional growth of his employees. He is a member of the National Association of Independent Life Brokerage Agencies, also known as NAILBA. 

NAILBA offers several benefits to its members, including the NAILBA University. Individuals who can benefit from the university include business owners, those working with brokerage channels, and independent producers working with agencies affiliated with NAILBA. 

Among the school's offerings are various webinars and classes that focus on field underwriting and preventing money laundering, as well as other training series and guides. Members of the university are encouraged to expand their education by taking advantage of discounts and participating in courses and other learning opportunities that are only available to NAILBA members.