Considering that purchasing insurance is a very important financial decision you want your broker to be experienced so that they can take care of your insurance needs. One of the first things you can look for in an experienced insurance broker is their education. There are many certificates and seminars...
Using an insurance broker can help tremendously if your business lacks benefiting personnel or you have limited resources for health benefits administration. A local broker knows the insurance carriers in your area and can help you find the best plan for your business.
This paper discusses about the understanding of Broker Compensation. It also reveals that insurance brokers are independent business people who buy insurance on behalf of their clients. They are the insurance consumers' advocates, championing the need to offer a choice of insurance products and services that are affordable, available, and...
From the executive summary: ‘Insurance has long been a chummy game. Deals may not have been cemented on golf courses as often as they were hammered out across a table, but no one ever argued that insurance was not a relationship company. Indeed, it is a measure of just how...
This paper uses the letterman model and briefly reviews the top ten reasons to do business with an insurance broker. Unlike letterman the paper begins with the number one single most important quality that looks for in a broker, specifically the account manager and that is a through knowledge of...
This white paper reveals about the certificate of insurance as it is a document provided by an insurance agent or broker that outlines the types of and limits of insurance carried by the contractor, vendor or other party. In addition to the types and limits of insurance, the paper also...
Warrington-based insurance broker, Chartwell Insurance Brokers, provides insurance and financial services to medium and larger size companies. Since it launched its credit insurance division two and a half years ago, Chartwell has concentrated on developing its expertise and establishing relationships with the major credit insurance providers, including Coface UK. Coface...
Meadowbrook earns top-20 insurance broker rating Southfield-based Meadowbrook Insurance Group Inc. has been ranked as the 20th-best insurance broker in the world by the July issue of Best's Review magazine, based on revenue, business developments i Meadowbrook earns top-20 insurance broker rating ...
Even though abuses surrounding contingent commissions are being resolved, risk managers are scrutinizing information from their broker about coverage and costs. The article presents some guidelines to deal with changes in the insurance industry which involves: asking broker for in-depth information about the policy coverage and costs that each underwriter...
All construction businesses need to have some commercial insurance in place to cover their business risks such as property damage due fire, flood, theft and liabilities arising from employees and the public. It might be difficult to obtain cover directly from insurance companies and other sources but a competent independent...
How can you validate that you are getting the insurance brokerage services you expect? KPMG can assist you in answering this question through the an insurance brokerage service review. You rely on your broker to represent you in the marketplace. You trust your broker with confidential information. You remit premium...
LONDON--BUSINESS WIRE--April 2, 1997--Comshare, Inc., The Decision Support CompanyTM, announced that its enterprise-wide budgeting application software has been selected by Sedgwick Group, a London based insurance broker.
Mercator Risk Services, the newly formed independent wholesale insurance broker, today announced the purchase of the assets of Advocate Insurance Management AIM -- a specialty construction broker. Richard Girden and Jeffrey Diers, the two principals of AIM, have joined the Mercator team and will lead its Property Construction Practice.
OLDWICK, N.J. -- The A.M. Best Co. presented American Modern Insurance Group with the E-Fusion award in the Agent/Broker Management category at the 2004 A.M. Best Co. Insurance and Technology Conference in Baltimore Oct. 19. The award recognizes innovation in insurance technology.
Cambridge-based independent broker, S-Tech, provides insurance - including credit insurance - and other financial services, to corporate and individual clients. To further develop its credit insurance product range and market the service to potential new clients. Thus working in partnership with Coface UK, and benefiting from its broker-focused strategy. A...
Insurance companies and agents are praising the Securities and Exchange Commission for issuing a final rule on broker/dealer record keeping requirements that accommodates limited service broker/dealers affiliated with life insurance companies. Insurance companies and agents are praising the Securities and Exchange Commission for...
FOLLOWING RECENT EDITORIALS in National Underwriter regarding broker misconduct, I would like to share with you the activities the Risk and Insurance Management Society has initiated with federal, state and regulatory officials to respond to the cont FOLLOWING RECENT EDITORIALS in National Underwriter regarding broker...
The name of Vanguard Insurance, based in Bridgend, will be known by many of my readers, as it is a business which has, for some years, been offering facilities to other brokers and intermediaries. Now it comes up with something new, for the internet age The Broker Gateway.
The China Insurance Regulatory Commission granted the first insurance broker license to a foreign company to Aon Corp., the Chicago-based broker announced last week. The approval is for a joint venture with China National Cereals, Oils & Foods The China Insurance Regulatory Commission...
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