Key Takeaways
- Asylee insurance agents can get licensed and build brokerages without a green card
- No green card required — state insurance license + EAD qualify
- Fund operations, E&O insurance, marketing, and staff
- Latin American and Middle Eastern insurance brokers served
- 48-hour decisions
Insurance brokerage is one of the most accessible licensed professions for asylee entrepreneurs. State insurance licenses do not require US citizenship or permanent residence — EAD is sufficient. Venezuelan and Colombian insurance brokers serve Latin American immigrant communities and mainstream clients in Florida, Texas, and California. Ethiopian and Haitian insurance agents serve their communities in DC and Miami. Afghan insurance professionals build P&C and life insurance brokerages in Northern Virginia.
What We Fund
- Agency management software (Applied Epic, Hawksoft, AgencyZoom)
- Marketing and lead generation costs
- E&O insurance premiums
- Staff producer licensing and onboarding costs
- Office space and equipment
- Commission float (for agencies that pay producers before carrier remittance)
Minimum: $10,000/month in commission revenue, 6 months operating, US entity, state insurance license, EAD.
Frequently Asked Questions
Yes. All 50 states allow asylees to obtain insurance licenses. You need EAD, SSN, and to pass the state licensing exam.
Bankable funds established agencies with 6+ months of commission revenue. For brand-new agencies, return after your first 6 months.
$10,000/month in commission revenue, 6 months operating, state insurance license, EAD.
Yes. Both independent brokerages and captive agency operators qualify.
Yes. Staff licensing and producer payroll are valid uses.
Business bank statements showing commission deposits from carriers or MGAs.
Yes. Adding P&C, life, health, or commercial lines — including licensing costs — is a valid use.
Yes. Health insurance brokerages qualify based on commission revenue.