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An agent of record (AOR) is an individual or legal entity with a duly executed contractual agreement with an insurance policy owner in line with the prevailing legal norms and regulations of the region in which the contract was entered. The agent of record has a legal right to receive commissions from the respective insurance policy.
Insurance use case: an insurance agent can approve the claim of a user if the claim is in the same region as the agent and if the claim amount is less than the agent's approval amount. The words doctor, view, medical record, Singapore... are all examples of attribute values.
Agent of record, a person with a contractual agreement with an insurance policy owner; Election agent, a person responsible for the conduct of a political campaign; Free agent, a sports player who is eligible to sign with any club or franchise; Literary agent, an agent who represents writers and their written works
Learn more: How to read an auto insurance policy. How long to keep insurance records. How long you should keep insurance statements depends on if you have any open claims and how you use your vehicle.
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Independent agents own and control their accounts, policy records, and renewals. If an independent agent’s contract with a particular insurance company terminates, the agent retains the rights to active accounts and may place them with another insurer. Competition exists between exclusive agents and independent agents.
An American Airlines flight departing New York's LaGuardia Airport on Thursday evening had to divert to nearby John F. Kennedy International shortly after takeoff after a reported bird strike ...
Registered Agents Inc. (RAI) is an American registered agent firm founded in 2008. The company provides business formation services to set up limited liability companies and corporations and acts as a point of contact for legal notices. The company is headquartered in Wyoming where approximately 120,000 companies are associated with its address.