https://completemarkets.com/Article/article-post/2564/Its-a-Small-World-Doing-Business-Abroad/
...enefits to independent agents and brokers. It provides a perfect tool for soli... arrangement with IMMS correspondent brokers principally in the following stat...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/623/E-O-Failure-To-Read-A-Policy-Is-No-Defense/
... FREE) to gain access to thousands of other great articles. Need more reasons to join? Need insurance for you, your business or your family? Get quality appointments - Save yourself a whole lot of time & money when you use our directory of carriers, wholesalers and service providers. Negotiate lucrative contracts with carriers and wholesalers. Net result. More revenue for your agency! Clients & Prospects will research you, your co-workers and your agency here. The most comprehensive online insurance industry reference library for - Personal Lines Professionals Commercial ... New Jersey ruling, it highlights the potential for exposure in all states. Our subsequent conversation revealed a simple method of avoiding this E&O issue. See our remarks at the end of this article about how to protect yourself In a malpractice suit against an insurance broker by its customer, the New Jersey Supreme Court decided that insurance brokers may not rely on a customer's failure to read his insurance policy as the basis of a defense of comparative negligence. Aden v. Fortish, 169 N.J. 64 (2001) Before this ... consideration based on existing decisional law. The Supreme Court indicated that inasmuch as the broker stands in a fiduciary relationship to the insured, brokers may not diminish their liability under the comparative negligence act when the alleged negligence of the client relates to the past for which the professional was hired. That rule is premised on the heightened responsibility of professionals in this state. The court based this decision on the principles of two previous cases: Rider v. Lynch, 42 N.J. 465 (1964), and Weinisch v. Sawyer, 123 ...
https://completemarkets.com/Article/article-post/2794/How-Risk-Assessment-Tool-in-Insurance-Broker-CRM-Improves-Quoting-Precision/
...uoting Precision
Insurance brokers play a vital role between clients an... charts, and geospatial mapping give brokers quick insights that once took hours to analyze. Professionals can spot patterns fast, predic...
https://completemarkets.com/Article/article-post/623/E-O-Failure-To-Read-A-Policy-Is-No-Defense/
...reme Court decided that insurance brokers may not rely on a customer’s failure...of action won’t relieve the agent’s liability if the insured assumed in any wa...
https://completemarkets.com/Article/article-post/1635/MANAGING-RISK-A-GUIDE-FOR-YOUR-BUSINESS-CLIENT-PART-4-OF-4/
...rs and sell through Surplus Lines brokers, who are regulated. In some cases, y...outside study. Look for the CPCU (professional insurance) and RM (professional risk management) designations. ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/1589/DEMAND-CAREFUL-POLICY-REVIEW/
... FREE) to gain access to thousands of other great articles. Need more reasons to join? Need insurance for you, your business or your family? Get quality appointments - Save yourself a whole lot of time & money when you use our directory of carriers, wholesalers and service providers. Negotiate lucrative contracts with carriers and wholesalers. Net result. More revenue for your agency! Clients & Prospects will research you, your co-workers and your agency here. The most comprehensive online insurance industry reference library for - Personal Lines Professionals Commercial ... 4/30/2013 10:40:04 PM by CompleteMarkets Editor This content has not been rated yet. DEMAND CAREFUL POLICY REVIEW Because insurance policies are legal documents, some risk managers might assume that they've been subject to meticulous examination by the insurer and the broker before being delivered. A careful review of the policy by the drafters and by the broker or agent should guarantee that the policy fully expresses the intentions of the insurer and the expectations of the insured and that it uses proper grammar and punctuation. After all, ... an indication of more serious problems with the agent or broker than just plain oversight. Remember: Insurance policies are legal documents — treat them as such! Reproduced with permission from riskVue, a free monthly online magazine from Warren, McVeigh & Griffin for risk and insurance professionals. Login or Register (for FREE) to gain access to thousands of other great articles. Need more reasons to join? Need insurance for you, your business or your family? Get quality appointments - Save yourself a whole lot of time & money when ...
https://completemarkets.com/Article/article-post/238/The-Hard-Market-An-E-O-Perspective/
... suffice. Doing a thorough and professional job for your clients and your carr...s and sets your agency apart as a professional and ethical entity.
https://completemarkets.com/Article/article-post/180/A-Corporate-Focus-On-Risk-Management/
...eril. A knowledgeable in-house professional or risk-management consultant shou...surance broker or risk-management professional to interpret coverage and termi...
https://completemarkets.com/Article/article-post/702/Variable-Questions-And-Some-Answers/
...port for registered reps through wholesalers. So mutual fund availability/supp...he company-controlled BD provided professional support services, but no produc...
https://completemarkets.com/Article/article-post/1589/DEMAND-CAREFUL-POLICY-REVIEW/
...n the most prestigious of agents, brokers and insurers is sometimes low. Poor ... & Griffin for risk and insurance professionals.