https://completemarkets.com/Article/article-post/985/ERRORS-AND-OMISSIONS-CONSIDERATIONS/
...tain proper or adequate coverage. Generally, a client may recover from the age...dures that will treat customers fairly and respect their intelligence and decision-making capabilities. Keep them informed of good news and bad in a timely manner. And meet their needs with courtesy and professionalism. A satisfied insure...
https://completemarkets.com/Article/article-post/511/Avoid-E-O-Problems/
... Property's owner that Property's General Liability policy would pay for this ...nclude a summary of proposed coverages and the premium for each one. Every pro...
https://completemarkets.com/Article/article-post/2156/E-O-LEGAL-ACTIONS-THE-AGENCY-NEMESIS/
...ith clients, the insured required general liability and other coverages. A cer...nt is that it should exist. Innovation and creativity have no place in the she...
https://completemarkets.com/Article/article-post/989/Agents-Responsibility-For-Company-Insolvency/
...e a year (in conjunction with the general evaluation of company contracts), an...e of major and immediate concern for agents during the next several years.
...
https://completemarkets.com/Article/article-post/2560/Improving-Your-Close-Ratio/
...d courses, as do general agents, managing general agents, insurance schools and colleges, and Life agents' associations.
In today's market conditions, no Life agent should be standing still in education, production, or ...
https://completemarkets.com/Article/article-post/2264/OFFERING-RISK-MANAGEMENT-SERVICES-TO-CLIENTS/
... to admit that they’re not managing risks as much as buying policies an...onal advice based on product knowledge and a thorough understanding of the insured’s business.
https://completemarkets.com/Article/article-post/227/Emerging-E-O-Loss-Exposures/
...programs for affluent clients for general information, because they probably h...iligence can help reduce the frequency and severity of E&O claims as well ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/807/The-Hold-Harmless-Or-Indemnification-Clause/
... Employees Articles Blog Photos Group Connections Reviews IMMS Library Immerse yourself in our stacks. Take some time and browse through our library. We have thousands 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 The Hold-Harmless Or Indemnification Clause 4/30/2013 12:00:00 AM by CompleteMarkets Editor , david goodwin This content has not ... clients to reject hold-harmless clauses which place undue hardship on them. Yet insurance agents themselves may be in the grip of hold-harmless clauses, which could lay immense financial burdens on them, even if they are totally innocent of any wrongdoing. We refer to the producer or general agent (GA) contracts of some-not all!- Life carriers. Unfortunately, some of these carriers are among the best-known career or brokerage companies and, even worse, agents often aren't aware of the poisonous clauses until it's too late and they're sued. Review ... Life contract! Hunt for potentially dangerous provisions in these contracts just as carefully as you do in your best client's contracts. Here's one such clause, lifted from a GA contract: Agency shall indemnify and save Company harmless from any and all expenses including lawyer's costs and damages resulting from unauthorized acts or transactions by it, its appointees, employees, or other persons under its supervision. Further, the contract states, In the event of breach of this agreement by Agency, Company shall be entitled, in addition to any claim for damages ...
https://completemarkets.com/Article/article-post/2460/What-You-Can-Do-About-Insurer-Insolvency/
...ool that streamlines the process.
General Jimmy Doolittle once said, 'One trou...uating a carrier’s financial stability and minimizing the risk of an E&O c...
https://completemarkets.com/Article/article-post/971/AVOIDING-ADVERSE-LEGAL-DECISIONS/
...s: Agency History and Objectives; General Business and Employee Conduct (use o...that is often done to the productivity and sales activity of the agency operat...