Friday, December 9, 2022

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broker of record agreement

People also ask:

What does it mean to be broker of record?
A broker of record is an agent who is responsible for managing and representing a policyholder's insurance policy, often receiving a monthly commission from an insurance company for working as such. Communication and acting as a liaison for the policyholder are two aspects of this job.
What does broker an agreement mean?
If a person, government, or country brokers an agreement, a ceasefire, or a round of talks, they try to negotiate or arrange it.
What is a broker dealer of record?
Sample 2. Broker Dealer of Record with respect to any Note is the Broker-Dealer which placed the Order for such Note or whom the Existing Owner of such Note has designated as its Broker-Dealer with respect to such Note, in each case as reflected in the records of the Auction Agent.
What is the difference between agent of record and broker of record?
A BOR is a broker of record notice and an AOR is an agent of record. A Broker of Record is an agent designated by the policy holder to represent and manage the policyholders insurance policy.