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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.
ACORD also provided expertise on digital data standards for a collaboration with IBM, ISN, and Marsh to streamline the proof of insurance process with the help of blockchain technology. The partnership is an attempt to eliminate the time- and labor-intensive paper insurance certificates that dominate the global insurance market. [9]
Subject to the "fortuity principle", the event must be uncertain. The uncertainty can be either as to when the event will happen (e.g. in a life insurance policy, the time of the insured's death is uncertain) or as to if it will happen at all (e.g. in a fire insurance policy, whether or not a fire will occur at all). [4]
Agent of record, an insurance term; Architect of Record, the architecture firm that prepares the construction documents for a new building project; Agency of record, an advertising term; Aor, a pen name of R. A. Schwaller de Lubicz (1887–1961) A US Navy hull classification symbol: Fleet replenishment oiler (AOR)
The use of the FD-302 has been criticized as a form of institutionalized perjury due to FBI guidelines that prohibit recordings of interviews. Prominent defense lawyers and former FBI agents have stated that they believe that the method of interviewing by the FBI is designed to expose interviewees to potential perjury or false statement criminal charges when the interviewee is deposed in a ...
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.
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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
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