https://completemarkets.com/Article/article-post/227/Emerging-E-O-Loss-Exposures/
...usiness, and changes in existing insurance products, insurance agents need to be more diligent tha...n obvious D&O exposure that the insurance professional should deal with in fact-findin...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/657/Reading-Contracts-For-Insureds-Guidelines-And-Sample-Disclaimer/
... of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Reading Contracts For Insureds: Guidelines And Sample Disclaimer 4/30/2013 12:00:00 AM by CompleteMarkets Editor , Mike Edwards This content has not been rated yet. As every E&O attorney knows, a sizeable number of E&O claims against agents arise ... agents trying to do a favor for an insured. That favor' often involves reading or reviewing contracts signed by the contractor, especially for agents who insure contractors. Mike Edwards discusses the importance of handling these favors properly and the consequences of not doing so. Agents are caught in a Catch-22 when it comes to reviewing contracts signed by their insureds. To run from the task would call into question the agent's professional service. On the other hand, to tackle the project with no written guidelines or disclaimers could be disastrous for the ... and agency. The most common sense approach, and one that's recommended by E&O attorneys, is to take the middle ground: Review the contracts, but with ample caveats. It's essential to state in writing that the agent is only reviewing the insurance requirements of the contract, and not providing any sort of legal advice. In addition, such a disclaimer should be provided at least annually to insureds for whom the agent frequently and routinely reviews contracts. For situations in which a contract review is done only infrequently, it's ...
https://completemarkets.com/Article/article-post/2564/Its-a-Small-World-Doing-Business-Abroad/
...ness Abroad
The international insurance market offers a variety of benefits...res: Auto, Health, Marine, Products Liability, Workers' Compensation, and so f...
https://completemarkets.com/Article/article-post/511/Avoid-E-O-Problems/
...perty risk through the Wisconsin Insurance Plan (assigned risk property insurance program). After the policy had been...ally true? Some agents have a “pet” insurance company that they use for virtually every piece of business. These agents assume that whatever their pet ins...
https://completemarkets.com/Article/article-post/620/The-Facts-Of-Life-About-Personal-Lines-And-Having-A-Well-Trained-Staff/
...he telephone
Once upon a time, insurance buyers who wanted Auto and Homeowners insurance found it necessary to visit their insurance agents (or be visited by them in th...lting Group, Inc. as a tool to help insurance agency principals to identify sk...
https://completemarkets.com/Article/article-post/2574/Sample-Presentation-Package/
...ept our brief description of the insurance coverages as a complete explanation...rotection can enhance your property insurance portfolio.
Cordially yours,
...
https://completemarkets.com/Article/article-post/709/Service-Fumbling-The-Ball/
...eighbors know that I work in the insurance industry I periodically receive cal...ctices when we experience them. The insurance industry is over-promising and u...
https://completemarkets.com/Article/article-post/657/Reading-Contracts-For-Insureds-Guidelines-And-Sample-Disclaimer/
... the agent is only reviewing the insurance requirements of the contract, and n...o any of the following:
1. Admit liability;
2. Participate in any settleme...
https://completemarkets.com/Article/article-post/793/Understanding-And-Using-The-Services-Of-Program-Administrators/
...form of coverage on behalf of an insurance company or companies. Rarely do PAs...cialty products offered by the Gulf Insurance Group. The use of PAs will add t...
https://completemarkets.com/Article/article-post/2794/How-Risk-Assessment-Tool-in-Insurance-Broker-CRM-Improves-Quoting-Precision/
How Risk Assessment Tool in Insurance Broker CRM Improves Quoting Precision
Insurance brokers play a vital role between clients and insurance providers. Risk assessment is the l... that once took hours to analyze. Professionals can spot patterns fast, predic...