A system of insurance sales, where agents only provide business to one company or give the right of first refusal to a certain company.
Related information about exclusive agency system:
- exclusive agency system - Insurance Glossary
exclusive agency system - An insurance distribution system through which agents represent only one company or a group of companies under similar ...
- What is exclusive agency system? definition and meaning
Definition of exclusive agency system: A system of insurance sales, where agents only provide business to one company or give the right of first refusal to a ...
- Exclusive Agency System - Definition of the Insurance Term ...
Exclusive Agency System - An insurance distribution system that allows agents to sell and service insurance contracts that limit representation to one insurer and ...
- Insurance Distribution Systems - Sharon Tennyson - Cornell University
Insurers may operate an exclusive agency system in which independent contractors are contractually bound to sell the products of only one insurer. This is ...
- Insurance Marketing Systems
Agents, as independent contractors, in the exclusive agency system represent only 1 insurer or group of insurers by contract, and are forbidden to represent any ...
- Independent and Exclusive Agency Insurers: A ... - JStor
through the independent or exclusive agency system; other distribution systems ... for the year 1967, that the exclusive agency system is more efficient than ...
- Insurance company types and classifications Flashcards
Nov 17, 2011 ... 1) Exclusive Agency System. 2)Direct Writer System. 3)Direct Response System. 4) Independent Agency System.
- Homeowner's Insurance Guide: Learning the Language
Exclusive Agency System – Independent contractors who may only represent a single insurance company. Exposure – Possibility of loss. FAIR Plans – FAIR ...