An individual designated by policyholders to manage insurance policies. This agent works with individuals or companies and is paid a commission every month. Hiring a broker of record legally requires a broker of record letter, as does replacing a broker of record.
Related information about broker of record:
- Broker Of Record Definition | Investopedia
In insurance, a broker of record is an agent designated by the policy holder to represent and manage the policyholder's insurance policy. The broker of record ...
- agent/broker of record change - Allen Insurance and Financial
DATE (MM/DD/YYYY). AGENT/BROKER OF RECORD CHANGE. POLICY NUMBER(S). EFFECTIVE. DATE. EXPIRATION. DATE. LINE OF BUSINESS. NAMED ...
- What Is a Broker of Record?
Nov 12, 2012 ... A broker of record is a designated representative who advises a person with an insurance policy about insurance. In real estate...
- Broker of Record letter
We will need a broker of record letter signed by the insured and 90 % of the times we can service your insurance policy. We are only a phone call away or an ...
- Mutual Fund Broker of Record
Our 'broker of record' service allows you to consolidate your mutual fund holdings on one statement and receive objective monitoring at no charge. Atlantic ...
- Broker of Record - Financial Dictionary - The Free Dictionary
Broker of Record. Also found in: Acronyms, 0.01 sec. Broker of Record. An insurance agent who manages a policy for a client. The agent of record gives all ...
- Insurance Journal Forums • View topic - What is your broker of ...
How aggressive do you go after a BOR? Do you prefer to do a BOR than to quote another carrier? How do your clients react to a BOR request, ...
- Broker of Record Explained - The Seaplane Pilots Association
Members who want to switch from SPA's old insurance program to the new one are being asked to sign Broker of Record Letters. These letters been a source of ...