Regional Office

What Does Regional Office Mean?

A regional office is a division of a company responsible for selling its products in a specific area not directly serviced by the main office or headquarters. It is typically managed by a branch manager.

Insuranceopedia Explains Regional Office

Insurance companies establish regional offices staffed with agents, brokers, and led by a branch manager. An insurer may open regional offices either because its main office lacks sufficient personnel to handle business activities in a particular location or to better serve the regional customer base. When insurance companies expand into different countries, they may open regional offices to maintain their brand while offering services tailored to the region’s cultural needs.

The regional office operates under the supervision of the main office and must regularly update it on activities and progress through reports and other forms of business communication.