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Message
re: Professional/General Liability - Questions.....
Posted on 2/2/22 at 12:25 pm to meAnon
Posted on 2/2/22 at 12:25 pm to meAnon
The premise of Agent of Record letters astounded me when I first became aware of them.
I "get" it now, but it still favors the status quo.
Everything in the insurance and securities world does.
The folks in the industries with mass wrote the law and the legal policies.
I "get" it now, but it still favors the status quo.
Everything in the insurance and securities world does.
The folks in the industries with mass wrote the law and the legal policies.
This post was edited on 2/2/22 at 12:26 pm
1
Posted on 2/6/22 at 1:09 pm to soccerfüt
quote:
The premise of Agent of Record letters astounded me when I first became aware of them.
My wife has worked as both a CSR and an account manager for a commercial insurance producer and I was astounded to learn that the agent goes to the broker who then goes to the underwriter. Two levels of bureaucracy each marking it up between the underwriter and the end client/risk insured.
This post was edited on 2/6/22 at 1:11 pm
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