Understanding Broker/Agent of Record Letters
All courses are scheduled Mountain Standard Time.
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Description
As an insurance professional, it is important to understand what a Broker of Record form is.
During this class, the student will investigate the following:
- Best Practices for a Broker of Record Form
- Advanced Notice
- Rescinding/Waiting Period
- Applications
- Loss Runs
- Midterm Broker of Records
- Personal Lines Broker of Record Process
- Commercial Lines Broker of Record Process
- Excess and Surplus Lines Broker of Record
- Example of an ACORD Broker of Record Form
*This course lasts 1 hour.
