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Search results for: Collection-Agents-Errors-and-Omissions
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https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/1601/PRIMER-ON-INSURER-AGENCY-RELATIONSHIPS/
... on all correspondence? Claims officer: Well, that's not our system. We just don't deal with agents in the claims department. [THE SECOND TRAVESTY] Agent: That policy is unacceptable to me. I certainly hear from your company when it wants help in collecting premiums. I want to be informed at claim time, or I will hold you responsible for negative fallout, if we do any business at all. The claim was approved within the hour. Life/Health/Group carriers must understand that P/C ... . One employee's widow completed the claim papers and, in error, indicated that her husband had been a part-time employee. The error was not detected by the employer's personnel staff, who forwarded the form to the carrier. The carrier's claim examiner contacted the employer-not the agent. He wanted payroll records and other data to support everyone's statements that the late employee was in fact full-time, since part-time employees were not covered by the plan. The employer's president wrote a firm, succinct letter to the carrier: A.B. was employed here ... death claim The carrier, a large, well-rated multi-line company licensed in 49 states, had covered one group for six years without a claim. Coverage was for Life only, since Group Medical was placed elsewhere. One employee's widow completed the claim papers and, in error, indicated that her husband had been a part-time employee. The error was not detected by the employer's personnel staff, who forwarded the form to the carrier. The carrier's claim examiner contacted the employer-not the agent. He wanted payroll records and other data to support ...

https://completemarkets.com/Article/article-post/989/Agents-Responsibility-For-Company-Insolvency/
... or decreased attention paid to collection of accounts current Increase i...e of major and immediate concern for agents during the next several years. ...

https://completemarkets.com/Article/article-post/1601/PRIMER-ON-INSURER-AGENCY-RELATIONSHIPS/
... send copies of correspondence to agents because we deal directly with the ins...t Life companies hear from Life-only agents, and that's why a company must be told o...

https://completemarkets.com/Article/article-post/2359/The-Business-Development-Plan-Part-1-Of-4/
... the territory and the number of agents and direct writers serving that marke...average premium plus anticipated rate and coverage increases equal new averag...

https://completemarkets.com/Article/article-post/2212/LIFE-HEALTH-E-O-AVOIDANCE/
...ld do business only with insured agents or subproducers. Why?” It̵...bility insurance provides — and the security of E&O will help you p...

https://completemarkets.com/Article/article-post/2142/Is-Your-Web-Site-A-Potential-E-O-Headache/
...about a valuable jewelry or art collection through an unsecured environment. I...ick fixes. It takes strategic thinking and ongoing effort.” Conclusion Where i...

https://completemarkets.com/Article/article-post/2091/THINK-OF-E-O-WHEN-YOURE-SEARCHING-FOR-MARKETS/
...rmination, premium billing, and collection. The carrier reviewed the matter a...the underwriting, marketing, services, and claims divisions of the Utica E&O ...

https://completemarkets.com/Article/article-post/2141/E-O-IN-COMMERCIAL-AUTO/
... firm that specializes in helping agents protect themselves against E&O claims...pearsallassociates.com; or blog: www.agentseotips.com. Reproduced, with permis...

https://completemarkets.com/Article/article-post/2217/WHAT-IS-YOUR-AGENCY-WORTH-A-MAGIC-FORMULA-PLUS-10-WAYS-TO-MAXIMIZE-VALUE/
...la is a useful starting point for agents hoping to track their progress. Of course, agents who need to establish a workable sell...s adapted from SAFECO's AGENT magazine and reproduced by permission. Blaine Pr...

https://completemarkets.com/Article/article-post/2365/Getting-A-Company-Appointment-Part-2/
...ou have production quotas for new agents? Do you have minimum production requi...be good for the customer, the company, and your agency.